Advice for anyone thinking of investing?

[Good-Person]

If you are new and want to invest in crypto, I suggest you to just hold your coins and don't be impatient because no investment will make you rich in a day.

Right now it might be or it might not be a great time to invest in the cryptocurrency market because the market is down and many investors are not buying the dip.

 

[Sincerem]

The only advice I can give is that anyone who is interested to invest must understand the potential risks involved in such investment. With that you can cut the risk according to your size. . This is very important.

 

[Prince]

The first step to successful investing is figuring out your goals and risk tolerance – either on your own or with the help of a financial professional.

 

[Good-Person]

The only advice I can give is that anyone who is interested to invest must understand the potential risks involved in such investment. With that you can cut the risk according to your size. . This is very important.

Yes, I think that creating strategy and trying to create a portfolio is the best thing you could do in order to reduce the risk when it comes to investing money.

 

[tyrim88]

Invest in land, gold, silver, and safe crypto. By safe crypto, I mean established ones such as Bitcoin and Ethereum. I would say the best investment you can make right now would be land. Not everyone can afford that though.

That is actually a good way to invest,but on the other hand any investment that an investor would want to go into should be the one that he is passionate of,so that he can bring oot the best he has into the business.

 

[GoldenLady]

I think if you can afford it land is the best overall but if you are not concerned too much about land, just acquiring houses and renting them out can turn over massive revenue. I know someone who did this and became a millionaire in a few short years.

Real estate is really one of the best ways especially in countries where you can purchase pieces of land. A lot of the riches people I know now bought land 10 or 20 years back and are selling it now.

 

[Good-Person]

The only advice I can give is that anyone who is interested to invest must understand the potential risks involved in such investment. With that you can cut the risk according to your size. . This is very important.

I am thinking about investing in gold. However, gold is also quite risky investment and some people have also stated that gold's price will go down this year.

 

[Sincerem]

I am thinking about investing in gold. However, gold is also quite risky investment and some people have also stated that gold's price will go down this year.

Well you can't really tell if the price will go down as they have said. It could just be a fud circulating around just to create a huge selling pressure for some bigger investors to buy at the bottom.

 

[Setho]

Investing is very good but it is not just everything that you are going to throw your money at. You have to be very intentional about the things you do and always do your own research first.

 

[GoldenLady]

I would advise anyone thinking of investing to calculate the risks you are willing to take carefully. It also will help if you don't put all your eggs in one basket.

 

[Danny4cash]

Before you invest on any business, make sure you've acquired enough knowledge about it. And you need to know investment require patience and consistency. Know when to invest and when not to. Buying coins when their price is low and sell when their high.

 

[Good-Person]

Well you can't really tell if the price will go down as they have said. It could just be a fud circulating around just to create a huge selling pressure for some bigger investors to buy at the bottom.

They are anticipating that the price of gold will come down. Since the prices have increased recently, the chances are that the prices might go down as a result of liquidation of gold.

 

[Shigobad2020]

If you are planning on investing on any business plan either online or offline , first you need to make your research about the investment site to know the authenticity of the site and dont invest with all your fund .

 

[Good-Person]

If you are planning on investing on any business plan either online or offline , first you need to make your research about the investment site to know the authenticity of the site and dont invest with all your fund .

Well, I have made a lots of research about Hyip sites and I have found that they are all fraudulent and all of them are pyramid schemes as well. They are not registered at all.

 

[Nomad]

If you want to invest, you need to remember a couple of investing rules, such as never invest the amount you cannot afford to lose and always diversify your investment portfolios.

 

[Good-Person]

If you want to invest, you need to remember a couple of investing rules, such as never invest the amount you cannot afford to lose and always diversify your investment portfolios.

Well, investing what you cannot afford to lose could be a really bad decision and this is why specifying a particular portfolio is very important when investing money.

 

[Abigael]

I don't have much knowledge on investing because I have not started doing it. But one thing I know and can advice you is that you should choose carefully where you invest your money. Do some research first and learn everything there is to know about an investment method first.

 

[Nomad]

You also need to understand risk tolerance level. Risk tolerance means how much losses you can bear and still remain financially fit. You can invest only when you find assets that matches your risk tolkerance.

 

[Trey]

No matter how safe and secure an investment is, start with small money. It would afford you the chance to study and understand how the investment works before you commit more money.

 

[Nomad]

If you want to invest, you should first build your investment funds. You can either save money to build the funds, or get a loan or sell assets. Getting a loan can be risky as you also need to pay back