Do your proper investigation before investing on any firm or assets.

[Royal Cap]

Most people follow the hype and don't do in-depth research about the company's journey so they end up deciding to get involved in investing at the wrong time. I once had a discussion with one of the people who was successful in investing and he said he would not invest just based on asset valuation but rather look at the history of the company's journey with healthy finances and consider the company's profits and growth. To find out the company's background, we need to test several things, such as checking the company's profit and loss, the company's track record and finally checking the legal basis for the company's documents.

This aims to ensure that we have a long-term view of the company because someone who understands investment well will not invest only in the short term but will look at the company's growth in the long term. I agree with not rushing into investing because it takes time to get to know the company so we don't go down the wrong path or follow the hype.

Yes, it is true that it is not good to invest just by looking at the hype but one thing is that there is a problem with excessive analysis. Many people do so much research that they cannot make a decision in the end, meanwhile the opportunity passes and later they say they should have entered earlier.

That is why i think it is enough to understand the basic financial health and business model of the company. Because no one knows the future 100%. Many companies had great past records but later they did badly, and some companies were not so strong in the beginning and later became very big. So research is important but it is not right to sit and wait for perfect information.

[Mate2237]

The first thing that is needed before anyone should put his money into any business or investment is to first of all, do a proper research about the business and know what the in and out of the business. This will help the investor to know what is at stake because alot of business which sounds good and lucrative in the outside area actually traps in disguise.


Anyone who fails to do a good investigation will definitely regret later because, business is one thing that requires a good and balanced understanding of how it works because the rise and fall of any business is greatly affected by how good the business owner manages the he business which boils down to understanding of the business.

[dezoel]

You can't afford to invest only a portion of your money, you have to invest as much of it as possible. I understand why people would assume it is not going to be just that much money but I think we should be expecting people to put all their money in and not a small portion.

All those rich people invest so heavily that they even invest more than they have and hope that margin call doesn't happen. This is why the best thing at this moment for you would be to save as much as possible of course but keep on investing and not selling and hoping to grow it so you do it better.

[skarais]

In fact, every investor already knows the steps they need to take before investing, unless if they are not experienced investors. Every investor must possess an understanding of the fundamentals of investing, including planning and other related aspects. It is highly inadvisable to invest solely out of FOMO, such individuals clearly lack direction and are unaware of the goals they wish to achieve.

Investing is not a form of gambling in which one relies solely on sheer luck. Market prices constantly fluctuate and various factors can influence them. So, investing without planning and research is same a form of gambling.

[passwordnow]

We are tipping people to "do your own research" before they invest even in Bitcoin. So if we're giving that tip to them, we're also doing that to ourselves. Not unless you're the tip guy that always give helpful insights and doesn't apply it to themselves. We have to apply that to ourselves and we are not jumping into the swamp without testing or looking at it first. It's a normal action to do your investigation, proper or improper to an asset or any firm or stocks where you like to put your money. Because if you don't, you might be the luckiest guy if it pumps but could be the dumbest for your own sake.

[Samlucky O]

Actually to be successful in whatever business you do, you need to do proper research and investigation about that business before embarking on it. That should be the first priority of any business person, when that is done and the business have started, there are other things to do to maintain the business. Business need time, dedication, consistency and a good skill to keep it up to date, otherwise without that the business may collapse even if a research was made before starting you may still go bankrupt if care is not taken. One thing is to start business another is to run it successfully, and this is where the task begins. Some organisation went backrup because of poor management. And this bad management may be as a result of keeping some set of staff for too long. and they start stealing from the company In a smart way without your notice. Sometimes don't trust your employee too much because they might be the masterminders of your bankruptcy but when your trust in them overshadow your sense of reasoning, you lose more. Sometimes change the people in office and see the changes in financial handling, and when there is a difference you will know where the fault is coming from. Sometimes you bring your employee and ask them about what they can do to make the firm a better place and see their reaction and dream plus aspiration. But If there is no dream but only what they can get in return, then It's obvious they don't have plans for the firm growth. It's up to you to know how to handle them.