What should a person know and do who is going to become an investor?

[FreddySelvig]

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?

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.

[sourish]

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

[SaturnBay]

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.

[kurlllviss77]

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.

[MEMEX]

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?

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.

[chaoscoinz]

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

[chicken Campus]

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.

[fdsar]

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.

[ivlvov]

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?

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.

[RoftheN]

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.

[kinki32]

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.

[funex]

 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 ?

[Biscutard]

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?

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.

[Zentor]

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?

[ace4549]

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.

[lance04]

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.