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

[bitkanu]

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?

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.

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.
 

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.

[OlgaAmraie]

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....

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

[OlgaAmraie]

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?

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.

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.
 

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.

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.

[Icologies]

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 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.

[OlgaAmraie]

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 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***

[gawuk]

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?

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.

[duoworld]

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.

[yanto@1977]

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?

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.

[Ssid]

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 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

[OlgaAmraie]

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 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.

[OlgaAmraie]

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?

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.

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.

[okala]

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.

[Ctn]

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 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.

[Dexion]

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.

[arendator]

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.

[4garret]

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?

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.

[BTCwin1]

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.

[Andruha1993]

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.

[ballerin and giroud]

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.

[bttmember]

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.