Bitcoin Forum

First of all,I think one must have financial stability. Have to take risk of certain amount that won't fall any impact in financial stability.What others thing one must know?

What is your opinion or idea?

Anyone who wants to invest, whether he is financial stable or not can be an investor. If he can invest small amount that can be his own start to learn more about it and gain financial stability.

Like invest only what they afford to lose.

Before anything else like the amount they are investing or how much they can invest. They should be financial literate and have basic knowledge about proper investing. Literacy in investing is needed because someone who has big money but isn't literate with it can also lose money.

So, one must have basic educational knowledge of investing to avoid loss. Besides, A minimum stability is also required to cover the loss. And what do you know about the basic knowledge of investment? could you make it explain?

Your best bet is to visit investopedia (http://investopedia.com) and start with the beginning courses which serves as a guidepost for aspiring investors. It's a invaluable encyclopedia that has everything you need to know in order to go about your venture successfully.
      I use it frequently and I am sure that others here do as well. Remember to practice your due diligence and be cautious.

  Happy trails!

Unfortunately i can not agree on stability that can also be considered relative. So, in my opinion financial stability can help but unfortunately it is an illusion of comfort and if you seek high levels, getting out of stability is the way, that's what big investors say. Another factor we must consider is knowledge and improvement where no one becomes great at something without an effort, money is only a consequence of their actions.

Yeah you are right. To be an investor is not that easy as people think. You have to do proper findings so that you can make the right decisions. Coz whenever money is invested in any business, anything can happen. Also you should start small and monitor how things work out from there. With time, you will gain enough experience and learn from your mistakes which will help you to make better decisions in future.

What if one have just small savings and acquired good knowledge about investment. And then started to invest but if he loss accidentally all his investment, it will make him fear about further attempt to recover the loss, because he is not stable financially. So, i think a minimum financial stability is necessary to start investment in this crypto world.
(point to be noted that i am not talking about local investment which has small risk. I am talking about investment in crypto)

I think that you should first of all understand that investing now is very dangerous, even given the fact that you have experience in this business. Study only those projects that may be in demand among people. Reading white paper can be a pointless exercise, because even if it is correctly stated, it will not mean that the project is not a Scam.

Yes, understanding the risk you are taking can minimize your losses but it can't totally avoid losses. Losses are normal to an investor so avoiding is difficult.

I've explained the part about it.

It is important to invest without errors when investing all the money itself without thinking about future risks so as to be stable in making decisions,, to avoid excessive losses,, understanding in the business becomes an advantage for yourself in order to get a very reliable and accurate place.., the risk is unavoidable but how to minimize the risk of flying hours is very useful to be highly learned in a mistake,,, an investor is very familiar with the risks....

I advise you must learn what is crypto and how it works in exchanges. Mostly, all altcoins has a bond with BTC and BTC price affect them closely. Either BTC prices rising or dropping all alts getting lose. So you have to learn that firstly. Then you can invest.

He should understand that until the market is not regulated by law he should be patient and he should develop emotional stability and sobriety of his mind. On such investment markets like the crypto market, this is extremely important conditions for the entrance

actually, to join in cryptocurrency we must learn the risks that can result from cryptocurrency itself. in investing, there will certainly have a risk, and that's what we have to accept. therefore we must avoid it with the knowledge that we have. it would be good if we had a good crypto understanding because it would help us to make a profit. so be wise in the world of cryptocurrency.

Of course, everyone knows the basic laws of investing
- spend only that amount you can painlessly part
- study, analyze, draw conclusions
- be cautious and if you take the risk you understand all responsibility.
But in the world of cryptocurrency is very often the usual roulette. Some of my friends just got lucky. They did for 10-20 000 without any deep knowledge. They earned it on frankly blind-alley projects.
Everyone has his own path. And there is no universal guide to action for everyone.

A lot of things should be done before investing into something like stocks, currency, commodity or cryptocurrency, etc. First you should understand it before investing on it, and a lot of people are not doing this, they just want to invest because of the hype, not because they believe that it has a good future. This is why also there are lots of people that invested on cryptocurrencies are getting hacked or scammed, because they don't have enough knowledge on how to secure it. Of course financial stability is given, you can't invest if you don't have money to put into something. Risk is also given, there is no investment that has no risk, so before investing make sure that you can take the risk.

One must invest in cryptos with caution. It may be easier for people that already have other source of income because they can afford to use part of their funds to invest in cryptocurrency and not depending on it totally for daily gains.

The person should know the main rules of market’s  development, features that will help him to make trends, and so on. I think so.

Yes, i am also agree with you.Some can drive well without reading book but there is risk of accident because of lacking knowledge of traffic rules.So, the perfect one is who read book and also practice properly.
Thanks for your valuable opinion.
 :)

you can invest. In addition to asking for money, investors need to have the courage to understand the basic knowledge of investment. For users with a large amount of investment funds, stability should be the most important, in the event of losses. Under the circumstances, it is best to avoid losses as much as possible, if it is not necessary to have a good response. Investment is psychologically prepared. Understand the risks of investing.

You need to risk the amount that in case of loss will not make you a beggar. Otherwise, you just do not become an investor! And be able to diversify risks-investing in a variety of projects.  You need to know one thing: there are always risks!

But your past experience will have played a very important part at this case. This time how the majority of new comers are only following the trend. When someone dumps a lot of coin to the market and they are scared to seeing it happened. I guess to build a mentalism becomes another important part too.

Yes,this is also true. One should understand the business properly before investing in it.Thanks for sharing your knowledge. :)

Right that's usually happen to all new investor who have little experience. But it is important to have patience also. So, experience and patience also play a great rule.
 :)
Thanks for your opinion.

yes indeed investing in crypto can be said high risk if not have good trading techniques. because the fluctuating price can change significantly from time to time makes it difficult to predict. before becoming a trader we should know about trading techniques such as analyzing coins to be invested, how the form of team work and how many members who join in it and the right decision will provide maximum benefits and minimize the risks that will be accepted.

I like this sentence that you wrote.Because it is very important technique.

 ***before becoming a trader we should know about trading techniques such as analyzing coins to be invested, how the form of team work and how many members who join in it and the right decision will provide maximum benefits and minimize the risks that will be accepted***

It will be better because in any field of risk management is very important. But I think being an investor does not need to wait for financial stability.
Start any amount and learn while doing it, it will be the best way to become an investor.

At the very least, you need to know what you are doing, and how much risk it has to do. The value is not worth doing. The second investment is also a matter of learning. Just like stocks, there are many kinds of things. Which one to choose, there are many people who need to study, and there are many rich people. How to make investments to become richer is not something that everyone can do.

They need to learn about invest in many instrument financial and practice. I believe this part is difficult because most people see investment is just buy and hold in long term period, that's wrong. Investment is similar with speculation, not only theory but they need art ( rumors, news, future mindset ). Even you have money and never afraid to loss but know the field is important to get win. Do that and good luck to you.

I read a lot of books, from big investors like Warren Buffet or Abraham. They are all great books.
But basic things everyone should know are:
Technical Analysis
Fundamental Analysis
Sentiment Analysis

After that you need to get into the market and earn a lot of experience

I hope so. They should do proper analysis before investing, otherwise it could be a total loss. Investment is not just like throwing money to garbage, it is necessary to keep in mind that the money which we invest comes from after doing hard work. So, we should be careful enough.

That's true. and i like the the part of art. only following art may help people and also may lead to loss. So, we should do proper analysis and also can take help from art. :)

You are to develop your skills and intelligence in other for you to became a strong investors.  Trading is a game of skills and only the skillfuls investors  makes money in cryptocurrencies market.  There are investors that makes money in both up or down market. I think you need to learn alot in other to be able to make money from your investments.

I guess having financial stability is great importance. The crypto currency is not primary business or way of income for most of the people/investors here. So ideally if you want to make investment somewhere then financial money management system does says that you should look after the expenses, the money in and out of your life per month basis. If you get some amount in your savings and some amount still left over after those calculation then you should be risking that money into other stuff like crypto trading with your free mind.

not easy to be an investor, especially today we see many ICO scams that can disadvantages investors, SEC advise us that we be careful in choosing the place of investment.

the Important points that must be considered by investors are capital, market analysis, and of course, must be ready to accept all the risks.

Successful investors are investors who can control the crypto market. you do not have to have the big capital to become a whale, I think when you are able to manage your profits, then you will be part of the investor who can control the market.

Evey man must clearly understand that it is the risky deal and he has to trade only with free money, no credits, borrowed funds and etc. It is the main rule of trading.

It seems like this kind of thinking prevents people from investing. The purpose of investing is very general, and a million knowledge will not change anything without us getting started. So jump, crypto is friendly enough to accept all levels of capital. Maybe you will make mistakes, but that will lead you to success if you want to learn.

Yes, the risk of encrypting money markets is high.
So if you already have enough money, then I want to be more suitable for investment.

Yes, of course you need to have finances, but to be an investor you have to be very reasonable and never succumb to emotions, I think this is the most important moment, because if you can not contain your emotions and panic, you can lose a lot.

Being an investor depends on where the investment is. Each place of investment will have different ways to get profit. Like me, a few years back I tried to invest the land, compared to land cryptocurrency has a very simple way to get profit in the next few years, we just determine where it will give us big profits or vice versa. But when investing in cryptos many things to be learned, such as determining where investments, see the project from the place of investment or always have the latest news about investment in cryptocurren y. Price changes that will always make the biggest challenge and other than that bad information on the world of cryptos that is difficult to guess becomes the biggest challenge also when investing.

I will only suggest 2 things if you are a new investor, only put the extra bucks you have untill you are very confident about what you are doing, never put your living money or life saving as you can loose it, so be careful.
Secondly, as newbies are lured and attracted mostly due to the fact that they think they can get rich quick, so they even take loans and invest, i think this is the worst thing, you will get trapped, this is very risky thing so do avoid it.

I think that the first thing that he should know is that where and why he invests. Calculate all the risks that may be. And of course to understand in what time period he will be able to withdraw his investments.

To become an investor first and foremost educate yourself, the rest will take care of itself.

Never put all egg in one basket - the most important rules.
Never trust the news - the 2nd important rules
Trade what you see, not what you believe in - the 3rd one.

I think that it is very useful to make a test portfolio on the cryptocompare and see how it will grow or fall over time. So you will understand the market faster.

In my opinion, investment can start in any amount, and crypto is the easiest if we want to learn to invest. Because believe me, we do not want to be people who do not understand investments, when we already have enough financial situation big enough.

The first thing one should do is research what direction to head first, in order to educate yourself properly on your new ambition of becoming an investor. It isn't an overnight process. Through cross analysis, patience and due diligence, you can be moderately successful. I'm not an expert, just here to give my two cents.
   One of the best place to brush up the basics of investing is an online investor encyclopedia named investopedia.
www.investopedia.com (http://www.investopedia.com)

personally, I think, to join in cryptocurrency we have to study the risks that can be generated from the cryptocurrency itself. in investing, there will be risks, and that's what we have to accept. therefore we must avoid it with the knowledge we have and to avoid excessive losses, the understanding in business becomes its own advantage to get a very reliable.

If you want to become the investor you should know general rules of analyzing and economics at all. It will help you to create right trends fot long term and short term projects.

Yes, of course, financial stability is a basic condition if you want to invest. The main thing is not to take credit and not to have debts. But it is also important to understand the basic principles of economics and finance. You also need to be able to make the right assumptions about how your project will behave in the future.

A couple of things should be good to know before you decide to invest in bitcoin and other cryptocurrencies;
Never invest more money than you can afford to lose. Cryptocurrencies are extremely volatile so that means that you coins could lose value at any time.
Always do your own research, no matter what anyone says that you should do, you should always make your final decision based on the information that you have gathered from your own research.

I thinks investor must have this personal qualities:
- Skill as a guide
- Deep understanding technology
- Vulnerability - This was the most surprising quality

And of course he must have a hodl quality. Because my mistakes were only with selling at bottom with emotional.

 Before the person invests, he should carry out a research on the project he wants to invest in. Check its real life application so he wont invest in a pump and dump project.  Determine what he is going for, long term? or short term ?

You must understand that there's no stable in this world because everything is like a wave sometimes it goes up and sometimes it goes down. So, you have to accept the risk of that movement. Being investors too follows the same into the crypto market and any other businesses.
All you have to do is to do your own research and find every possible way that you won't cost more than cost less.

If you want to invest in some project for a long time you have to check every aspect on suspicious things. Is Whitepaper explaining all aspects? Are developers enough skilled to do this task? Is it a scam after all?

Being a investors is not a easy thing, you should conduct a own study about the transactions and all basic information and jargon in this field so that you can easily adopt within the environment.

For me the things that you should know is how to handle and deal with this kind of business and make a own research about this to be familiarize to the flow of the business to be a successful investors.