A little research can change your life

[Umulala-alala]

No be say people way dey trade bitcoin dey always loss sometimes they also profit but the risk way dey trading dey high wela na e make e better make we focus on long time investment even that long self making profit no dey guarantee na e make we suppose invest with money way we no go need for a long time and also they money we go fit afford to loss am it is also called discretionary Income, with dca method you fit dey buy bitcoin small small and this go make you not to dey monitor the market unless people way dey trade bitcoin.

[B-BossMan]

Obviously, just a little research has helped my life in this great forum and also helped many newbies. It's better you know what or where you are heading to; find a time for yourself and do a little research. Not only will it change your life, but it can also make you a reasonable speaker or writer.

Having some atheist knowledge of what you want to do is better than just jumping into something you don't have knowledge or ideas about. There are individual differences, though; some people heard that someone's friend lost all his money in a short-term investment, and that makes him panic about not investing in short-term investments or not investing at all. There are many people whom I knew for so long for their short-term investments and their progress. Whether you choose to invest in long-term or short-term investments, it's fine, but just know the volatile nature of it; the market may fluctuate at any moment, so just do a little research and invest what you can afford to lose.

[Scarlett_23]

In the current situation, about 60% of people are focused on short-term investment. When they lose all their money in short-term investment or trading, they get very broke and they start saying that all this is fake. The risk of losing your money in short-term investment is much higher. Nowadays, many people start trading by watching trading videos or hearing from someone, they never research these things to see which one will be good for them. If they did a little research before stepping into this trading, they would never have traded and would not have lost their money in trading.

If a person makes long-term investments, such as buying continuously based on his stable income, then his chances of profiting from his investment are much higher. If a person sets his goals before investing, such as how many Bitcoins he will accumulate in his portfolio, how long he will hold his holdings for, if he plans to invest in all these aspects and holds them for the long term, then he can benefit from his investment.

There is a possibility of loss if you trade by watching videos or believing someone else's words. Because a trader has to have a lot of knowledge. If you make a mistake in understanding the market, there is a high possibility of financial loss. A trader has to trade only by analyzing the market in depth and surviving in competition with many competitors. That is, trading requires high-quality knowledge, skills and mental preparation to respond quickly.

Again, research is definitely necessary in investment and business. However, if time is spent only on adequate knowledge and research for a long time, then it is natural to fall behind. In some cases, it is possible to combine experience and achievements by going into the field. For example, if someone wants to gain knowledge in investing in Bitcoin, he will fall behind others. There is a system here so that it is possible to enter the field by acquiring only basic knowledge in this subject. However, the attitude must be long-term.

[Onyeeze]

In the current situation, about 60% of people are focused on short-term investment. When they lose all their money in short-term investment or trading, they get very broke and they start saying that all this is fake. The risk of losing your money in short-term investment is much higher. Nowadays, many people start trading by watching trading videos or hearing from someone, they never research these things to see which one will be good for them. If they did a little research before stepping into this trading, they would never have traded and would not have lost their money in trading.

If a person makes long-term investments, such as buying continuously based on his stable income, then his chances of profiting from his investment are much higher. If a person sets his goals before investing, such as how many Bitcoins he will accumulate in his portfolio, how long he will hold his holdings for, if he plans to invest in all these aspects and holds them for the long term, then he can benefit from his investment.

Short-term investing has high risk that usually causes serious losse. In contrast, long-term investment, mostly with a planned strategy like accumulating specific assets for a long time based on stable income, significantly multiplies profit potential. Defined goals are crucial for a successful investment, likewise making thorough research. Knowing who to take investments advice from and so on...

Theirs no investment that doesn't have a risks, but the thing we should be praying is to be privileged to be successful for our investment, both long-term investment and short-term investment no one that we are sure of big profits, so for investment of bitcoin some people who invested in short-term might be lucky to benefited from the investment and that's why you see them going through the investment of short-term every time, why long-term investment is not favourable to him or her, so investment  is something you will look unto God to be profitable by you

[Sonia_123]

In the current situation, about 60% of people are focused on short-term investment. When they lose all their money in short-term investment or trading, they get very broke and they start saying that all this is fake. The risk of losing your money in short-term investment is much higher. Nowadays, many people start trading by watching trading videos or hearing from someone, they never research these things to see which one will be good for them. If they did a little research before stepping into this trading, they would never have traded and would not have lost their money in trading.

If a person makes long-term investments, such as buying continuously based on his stable income, then his chances of profiting from his investment are much higher. If a person sets his goals before investing, such as how many Bitcoins he will accumulate in his portfolio, how long he will hold his holdings for, if he plans to invest in all these aspects and holds them for the long term, then he can benefit from his investment.

Research is the basic foundation of knowledge, and so before we go into or start anything in life we are suppose to make research to know how to go about it, it's so unfortunate that most persons don't even care to have knowledge about a particular thing they chose to do .

Trading has a lot of research to be made before going into it, if not you will lose all your money within a short period of time, most persons never even watch videos or any article on trading, all they do is that they are based on speculations and rumors that trading is very profitable without understanding and knowing the risk aspect  of it, all they are after is getting quick money not wanting to know how to make it.

[laijsica]

In the current situation, about 60% of people are focused on short-term investment. When they lose all their money in short-term investment or trading, they get very broke and they start saying that all this is fake. The risk of losing your money in short-term investment is much higher. Nowadays, many people start trading by watching trading videos or hearing from someone, they never research these things to see which one will be good for them. If they did a little research before stepping into this trading, they would never have traded and would not have lost their money in trading.

If a person makes long-term investments, such as buying continuously based on his stable income, then his chances of profiting from his investment are much higher. If a person sets his goals before investing, such as how many Bitcoins he will accumulate in his portfolio, how long he will hold his holdings for, if he plans to invest in all these aspects and holds them for the long term, then he can benefit from his investment.

Research is the basic foundation of knowledge, and so before we go into or start anything in life we are suppose to make research to know how to go about it, it's so unfortunate that most persons don't even care to have knowledge about a particular thing they chose to do .

Trading has a lot of research to be made before going into it, if not you will lose all your money within a short period of time, most persons never even watch videos or any article on trading, all they do is that they are based on speculations and rumors that trading is very profitable without understanding and knowing the risk aspect  of it, all they are after is getting quick money not wanting to know how to make it.

Although research is the main basic of knowledge, traders do not have the patience to do research because most of them expect high profits in a short period of time. If you want to be a successful trader, you should do research because it is important to know the issue of risk management in trading. This involves the tendency to be greedy. Along with proper management of funds, it is also important to ensure the process of meeting daily family needs and proper use of discretionary funds.

Just as emergency funds are needed in long term investments, this fund is also needed in short term trading because if the coins you buy is dumped, you should not tend to sell it at a loss. Therefore your fund management should be established on a solid foundation because through trading or investment you must ensure a stronger financial position.

[Y3shot]

No be say people way dey trade bitcoin dey always loss sometimes they also profit but the risk way dey trading dey high wela na e make e better make we focus on long time investment even that long self making profit no dey guarantee na e make we suppose invest with money way we no go need for a long time and also they money we go fit afford to loss am it is also called discretionary Income, with dca method you fit dey buy bitcoin small small and this go make you not to dey monitor the market unless people way dey trade bitcoin.

There are always loses in trading but the understanding you have in trading reduce the amount of lose unlike those who don't understand trading they can't even control their loses, in thus case it is a regular thing for them.

In the long term investment profit is not guaranteed maybe if you are not investing in bitcoin and if you don't understand what you are doing , you may likely make some mistake that will cause you to lose your money.

[Becky Wealth]

You're right. Short-time investment are very risky.so it's better one invest on long-time investment to avoid lost.

[Man of peace]

You are right,short term investment ,is of higher risk than that of long term , because short term investment has a very little time limit and maybe within that proid of time the price crumbles and because it time is very short,was enabled to meet up when the price rises and that could lead to the loss of investment.

but long term investment may under go a such situation but due to the long term of it proid cloud be of an advantage to the investor because of his wisdom and good research before making his or her investment,..

So therefore it's very good and necessary for one to make a little research on before making a decision on which one to invest on,..

[Iamgoat]

No be say people way dey trade bitcoin dey always loss sometimes they also profit but the risk way dey trading dey high wela na e make e better make we focus on long time investment even that long self making profit no dey guarantee na e make we suppose invest with money way we no go need for a long time and also they money we go fit afford to loss am it is also called discretionary Income, with dca method you fit dey buy bitcoin small small and this go make you not to dey monitor the market unless people way dey trade bitcoin.

Wetin you talk na true. But for me, I see both options as incredibly good options for all bitcoiners while it ordinarily should take you at least 8 years to invest in bitcoin before thinking of taking your profits or withdrawing your investments, trading bitcoin is also a good option especially if you're looking for quick gains and wins. I believe everyone has its goals to engaging in any of these options being it trading or investment. Whenever I trade, I always have it in mind , I want to earn some cash out of the system to keep my self going, more or less like an upkeep not to make me a rich person or a billionaire. I put in some decent cash their, money it to some level then take my profit while I exit from the trade.

[Smartvirus]

Indeed research fit change man life because, when you do research, watin you actually get na information and na information way Dey really build man, information na connection in a way and information go provide you with the tools you need for risky venture. When you don finally get this information, application na another thing, you need to apply it where it need be and get the most from am.

So, if na trading you wan venture into, learning how to do analysis and actually understand that analysis na a step towards being a better trader.