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Author Topic: For average Joe advice about money finances and Investment  (Read 173 times)
goaldigger
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June 03, 2023, 09:10:40 PM
 #21

And everyday is not covid-19,  just because you where able to buy and sell money during covid does not mean you can take it as an investment method. The economy have passed through different phase since that time.
Plus how many assets or commodities do you think always go with the fed rates pattern, have you done and extensive research on that?
Investment takes different parts and it also requires better understanding. Investment base on buy and sell rule can be very costly.
This is the reason why we have to consider market sentiment as well before investing, and not just passively buying without doing any analysis.
Learning is necessities, I don't suggest to buy without having any knowledge because it can be consider as gambling and its risky.
Pandemic season brings an opportunity to buy more and take profit when its recovering, but right now we are rising and most of the economy are doing fine, so its your time now to do your own analysis and know your timing of buying and selling.

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June 03, 2023, 10:17:36 PM
 #22

There is a lot going on about Money finances and Investment.
If you don't want to learn too much about finances and money then simple BUY/SELL rule Will keep you on track.
But If you are average person you should follow this one. The mainstream don't want you to know this that's why so much fud and FOMO.
So it's been proven o et the time over and over again.
When Fed rates up .... it's BUY
When Fed rates down it's SELL 
In financial world money the currency is commoditie the asset so If Money expensive you sell it If Money cheap you buy it.
And people tend to make this simple mistakes over and over again covid19 times was good example of that.


Your English is so bad here it doesn't make any sense. I would recommend spending some time and re-writing this or cleaning it up a bit.  As a financial advisor I'm always interested in posts like this, just wanting to make sure they are accurate and on the right track, but I'm honestly having a very hard time even understanding what you're trying to get at..

Sure, "buy low, sell high" is the age old adage that applies in finance quite a bit, but what do you mean by "fed rates up / fed rates down"? 


Only you need to understood this, when rates down you sell , when rates up you buy.
Buy and sell main words you need to understood.
Rates...Are Fed rates ... They either up or down
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June 03, 2023, 10:45:41 PM
 #23

(...)
When Fed rates up .... it's BUY
When Fed rates down it's SELL 
You are confusingly simple and complicated, can you explain it in detail I can also imagine this is just a part of the news game. Relying on news to judge the market can be understandable, but being honest with the financial environment we are simply tools for the creators to dominate, if you want to get out of that stranglehold, you need to learn. many things as well as having the experience and financial potential in investing at the free level. Remember the fact that looking for opportunities to make money investing is different from money coming to you when you invest.

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June 03, 2023, 10:46:59 PM
 #24


When Fed rates up .... it's BUY
When Fed rates down it's SELL 


The volatility of a market is not simply affected by FED rates.  There are other variables that can outweigh the effect of FED rating.  So if we want to have a maximum benefits while engaging in trade, we must know the all around of the item we are trading.  A simple news can outweigh the FED rate adjustment, after all market sentiment has more to do on the market volatility than the FED rating. Learn the fundamental and technical analysis, it maybe hard but it will give us more edge than relying only on the FED rating.
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June 03, 2023, 11:13:46 PM
 #25

There is a lot going on about Money finances and Investment.
If you don't want to learn too much about finances and money then simple BUY/SELL rule Will keep you on track.

This is just a simple rule that when followed you’ll never get into any financial loss or problems in cryptocurrency. You don’t need be a guru in cryptocurrency before you can earn a lot. Just a simple BUY/HODL/SELL strategy at the right time the profit is achieved is enough for you to make a lot of money in bitcoin.

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June 04, 2023, 08:45:26 PM
 #26

If you don't want to learn too much about finances and money then simple BUY/SELL rule Will keep you on track.
If you do not want to learn about investment, you do not need to invest your money on what you do not know for you not to make a big mistake. A big mistake because investment deals with money.

If you want to invest in anything, you need to learn about the thing and know the proper time to invest. It is not just about interest rate hike alone.
I believe buy and sell is only simple in words but is hard to do when you are already living in the real scenario. Buy when the market is cheap and sell it when the market value is expensive, but if you are greed and not patient enough to hold your bitcoin for long term, I don’t think buy and sell will work for you. That is why once you enter any type of investment, at least you are knowledgeable and even skillful about it.

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June 04, 2023, 09:19:45 PM
 #27

I thought it was a simple advice on any average joe about finances and investment, but I guess not.

Here's my advice, invest only a small percentage of your income monthly in whatever you think that's gonna be worth of your risk. Let's say Bitcoin, invest the 10% of your income in Bitcoin, monthly, but this is gonna be for long term investment since Bitcoin's price is not always low or high, so you gotta know when to buy. You can also save your money instead of putting it on Bitcoin when its price is a little too high for you, then use your savings when the price meets your expectation.
Do the DCA and invest in them for long term. That way, you will maximize the volume of your bitcoin in your portfolio regardless of how volatile the market is, and regardless if you have only small amount to invest. And never be greedy enough to take some profits as any beginner is more susceptible to losses instead of maximizing their profits.

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June 04, 2023, 09:28:26 PM
 #28

If you don't want to learn too much about finances and money then simple BUY/SELL rule Will keep you on track.
If you do not want to learn about investment, you do not need to invest your money on what you do not know for you not to make a big mistake. A big mistake because investment deals with money.

If you want to invest in anything, you need to learn about the thing and know the proper time to invest. It is not just about interest rate hike alone.
Investing is not just a passion or interest, but beyond that there should be an adequate knowledge and honed skills and strategies. Because if you only do investing out of interest, most likely you will end up wasting your money and efforts. But if you have the target goal on it, you know exactly that knowledge is more powerful to make it successful and profitable.

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June 04, 2023, 10:54:51 PM
 #29

If you don't want to learn too much about finances and money then simple BUY/SELL rule Will keep you on track.
If you do not want to learn about investment, you do not need to invest your money on what you do not know for you not to make a big mistake. A big mistake because investment deals with money.

If you want to invest in anything, you need to learn about the thing and know the proper time to invest. It is not just about interest rate hike alone.
Investing is not just a passion or interest, but beyond that there should be an adequate knowledge and honed skills and strategies. Because if you only do investing out of interest, most likely you will end up wasting your money and efforts. But if you have the target goal on it, you know exactly that knowledge is more powerful to make it successful and profitable.
Investing into something you know nothing about has no difference with gambling. You should be having your own strategy before you enter an investment and that includes managing the risk. Ofcourse everyone wants to earn more than their usual, thru investment. Unfortunately, things does not work that way, easily. Also, there's this thing called alternatives. Not because someone invested into something and earn profit from it, same thibg would come to you in an instant. Investment has different forms and you have to find where would you be more convenient on your end. To some it would be better to just save their money, and that is just fine. Figure out what would be better on your end. But if you choose investment, then prepare to lose some dimes.

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June 04, 2023, 10:58:48 PM
 #30

When Fed rates up .... it's BUY
When Fed rates down it's SELL 
In financial world money the currency is commoditie the asset so If Money expensive you sell it If Money cheap you buy it.
And people tend to make this simple mistakes over and over again covid19 times was good example of that.

Which fed exactly are you talking about about because we have different countries and their fed rise the rate or dropped it as they please so which one are you advising we should follow. Besides there's no proves that his is how the market works. When I heard an advice for the average Joe, I thought you meant the simplest rule of investing which is to buy when the market is fearful and sell when the market is too bullish.

Any individual that's picking interest in investing, they should make sure they learn everything they can about investing before starting. If they want to invest in Bitcoin, they should make sure they understood how the currency works before investing and not just following fed.

R


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June 04, 2023, 11:02:30 PM
 #31

The simplest thing is to make sure that you save enough money to put aside that makes money for you and you could reinvest that and even take out a debt to reinvest that would push you but also not make you poor. That way you would be able to just keep on investing, earning, reinvesting and keep doing that for a lot of time. First of all, just investment is not going to make you rich that easily, which means your investment has to work for you, even if its bitcoin, find somewhere that gets you something back, freebitco.in has %4 for example, not awful lot, but better than nothing, but make sure its a trusted place, don't go invest somewhere that says %50 back, that will be a scam. So put some of your monthly income into investment, then make money from it as well, and reinvest that too. Debt part depends on how economically free you are, if you can't do it then do not force yourself, it will be pretty terrible in the end.

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wxa7115
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June 05, 2023, 04:23:10 AM
 #32

There is a lot going on about Money finances and Investment.
If you don't want to learn too much about finances and money then simple BUY/SELL rule Will keep you on track.
But If you are average person you should follow this one. The mainstream don't want you to know this that's why so much fud and FOMO.
So it's been proven o et the time over and over again.
When Fed rates up .... it's BUY
When Fed rates down it's SELL 
In financial world money the currency is commoditie the asset so If Money expensive you sell it If Money cheap you buy it.
And people tend to make this simple mistakes over and over again covid19 times was good example of that.

Sometimes a small amount of knowledge is more dangerous than no knowledge at all, what you are recommending is in fact a very simple strategy for people to follow, but this simplicity will make them believe they have what is necessary to become profitable when this is not true.

In that case it would have been better for those people to not learn this and remain out of the markets, as at least in that instance they will not lose their money.

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