Getting better at investing

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degen_satoshiFull Member
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#1Jul 14, 2024, 06:55 AM
Sometimes stocks do great. Other times, Gold shines. Tech stocks have their moments too. And there are times when cash and bonds are the way to go. These trends can really stick around for years. Just because your parents hit it big with real estate doesn’t mean we’ll have the same luck. We’ve gotta think like Warren Buffet said: know the difference between price and value. Only buy when the price is low compared to the value. Stick to what you know. If you really get something, go for it. If not, just put a small amount in and don’t stress about outperforming the market. It’s totally fine to be heavily invested in what you understand. But don’t throw too much into things that are over your head. Take a look at what’s been happening with Silver and Gold. Hope this is helpful to someone.
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max_lynxSenior Member
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#2Jul 14, 2024, 09:16 AM
it’s a different time now than before. there are more earning opportunities but the living expenses are just too high at this point. good reminder. the price displayed is not a direct reflection of its value or worth. an item can be cheap but still be so valuable that you can re-sell it for higher price. that’s how a business minded person works.
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bit_2016Senior Member
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#3Jul 14, 2024, 02:36 PM
The problem with new investor today, as they've seen that one investment is profitable to the person they look up to. Then, they'll also invest into that asset without the need to at least understand the risk they take. They go with the flow and that's a mistake that many have been doing. If they made some profits, that's good and that's basically luck is with them. But never do that in practice because they're putting themselves in the wrong situation that, if they get used to it. The eagerness of understanding an investment before they put money in it is gone.
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block2015Full Member
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#4Jul 14, 2024, 04:18 PM
This is one reason i always advocate not investing in something you do not understand too well because you may get it wrong in the long run not understanding that which you ventured into or you may have to learn the hard way when you are trying to learn while investing in the asset or bond or what ever financial instrument you decide to invest in. trying to outsmart a market that has probably been there even before you were born could get your fingers burnt, just make sure to be at your best and get the most that you can get and then move, do not try to be too smart, it doesn't end so well often.
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ryanwizardSenior Member
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#5Jul 14, 2024, 05:06 PM
The most interesting of all these is that time will always remained committed to granting us the privilege of coming across some of these opportunities, but only the sensitive ones and business minded folks will make a determination to invest and take risk to make the future a smiling one, we cant have an achievement without taking our time to take risk in anything we want to invest, that is why in todays economy, we are more inclined to the use of crypto and bitcoin specifically in a decentralized economy.
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0xChadFull Member
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#6Jul 14, 2024, 09:57 PM
What if they're not? What if price and value remain disconnected for longer than you can stay solvent? Wait for decades can only work if you have decades. Most people don't. They need returns now because rent's due now, because they're already behind, because cost of living is constantly outpacing wages. Telling someone to be patient is tone deaf when someone is drowning. Circle of competence. Indeed, don't invest blindly. But then look at what is actually generating returns. Derivatives. Algorithmic trading. Private equity structures. All willfully incomprehensible. By the time you understand something well enough to invest in it, the opportunity is passed. That's the game. Can you tell when you are changing basic rules? Because we're in one of those times. The old playbook of stocks-bonds-real estate rotation doesn't take into account unlimited money printing. Does not take account of loss of institutional trust. Bitcoin is not a rotation asset like any other. It's a completely different operating system. You either get what that is important for or you are playing by obsolete rules. Yeah, it requires to understand something new.
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whale777Full Member
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#7Jul 16, 2024, 09:11 PM
Individual resilience strengthens investors to sustain in an ever evolving technological transformation in the global market. Hence, Investors who make decision out of shock due to lack of preparation and oversight often record a rapid fall in profits. Mainly in High risk markets. The courage to adapt and develop sustainability is a distinctive way smart investors pile up on naturally groomed profit pattern. The other side of investors who have a hard time milking from the market are failures at self management skill.
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eric23Senior Member
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#8Jul 16, 2024, 10:02 PM
There are times for everything and for each season, their are sectors that are booming which can be the agricultural sector if the sector that's booming at the time is agriculture or technological sector if it's an era as this where everything is going into the technological niche. Just get used to what's popular in the era you've found yourself in and get yourself involved in things that will yield you money per time. Bitcoin is the big deal and the way to gain well at this era is to get the best from it.
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gw31_2021Full Member
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#9Jul 17, 2024, 03:25 AM
Ask different millionaires and a billionaires what made them rich and you will hear different advice from them all, you will also learned that they become rich through different assets, some of them can have similar investment on same asset while other will also have different investment. A millionaire said he have been buying stocks since he was younger, in 10 years later he turned 31 and he decided to check his portfolio and he was a millionaire 🤷‍♀️, others people too have their stories about the particular assets they invested on and it made them their billions of dollars. Everybody have their interest at heart, what they want to do, the asset they want to invest on, it's not just a single asset that might make everyone achieve the goal they want.
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im_bullSenior Member
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#10Jul 17, 2024, 04:31 AM
What I have learnt from the performance of gold and silver is the importance of diversification. Learning about an asset or investment is not rocket science. With little effort, one can get the basic knowledge about an asset that can be profitable in the future. However, the advice to keep cash might not be helpful. Fiat loses value, so keeping it for a long time might be unprofitable. It will be preferable to keep your investments in safe havens instead of keeping them in a bank account.
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#11Jul 19, 2024, 07:58 AM
Investing is seen as a necessity especially for those who aim to experience positive returns, but its undeniable that investing comes with good and bad investors. Bad investors are those who only invest not because they know their investment well, but they have seen how others have succeeded from it so they just imitate what others have been doing and expect the same outcome. This is a very wrong move, this only makes an investment more risky because of wrong approach. One should only invest where he is knowledgeable to, and where he is sure that it can offer him higher rate of winning probability than losing.
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5h4rd1337Member
Posts: 12 · Reputation: 188
#12Jul 19, 2024, 02:07 PM
A good investor is ready for all kinds of changes and losses.If he has a strong investment he can bear the losses that come.A good investor does not make decisions emotionally.He makes decisions after understanding everything. If he does not control his emotions he will face losses that will not allow him to become a good investor.If you try to know and understand the way you are skilled in business and a wise investor will never be foolish enough to invest money in one place.It is obvious that losses are inevitable in every business.To avoid this he will definitely invest money in another place so that if there is a loss in one place there must be a profit in another place. This is the sign of a good investor.
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the_k1ngSenior Member
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#13Jul 19, 2024, 05:39 PM
I'm a big fan of Warren Buffett but you have to be careful looking at just a couple pieces of wisdom that he has shared over the years, it's better to read up more on him and watch a few of his Berkshire Hathaway annual general meetings to really get a feel for how he operates. Over time you might also understand that he has made plenty of mistakes along the way, especially in later years, but he will probably remain the worlds greatest investor for a long time to come. Be careful what you say though, because the same could be true of crypto as bubble can last a long time and expand or contract in unexpected ways. I like to stay diversified across multiple asset classes to stay the safest.
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max23Member
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#14Jul 19, 2024, 10:08 PM
That's FOMO, and it's a common investor affliction for both new and experienced investors. They sometimes experience FOMO when investing in a stock or asset, even without carefully reviewing it, but instead force themselves to buy. In the end, we know what happens. While some are fortunate enough to follow the trend, only a few can anticipate it. I think going with the flow isn't wrong if we can re-examine the asset and assess its projected opportunities in the short and long term to understand its fundamentals and technicals, such as whether its value is overvalued at its current price or whether there's still potential for further appreciation. This can be a solution for those who like to follow the trend.
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ninja_atlasFull Member
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#15Jul 20, 2024, 12:33 AM
Invest what you know, but take some research and study first what you don't know. Don't be like others to rush into investing just because others are investing into it, that's mostly the reason why a lot commit failure and lose their money, instead of making their money work for them and earn good returns. Those who succeed from investing are definitely those who take time trying to figure out if they can afford to take the risk, not those who dive into any investment without thinking if they actually know how the investment works, or if they can still turn their initial losses into real profits once their plan does not work.
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whale777Full Member
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#16Jul 22, 2024, 08:49 AM
Excellent Investors deploys an overwhelming strength in a specific part of the market to enable easy control of the general concepts of the environment, such progression, builds confidence amongst champion investors, the courage of achieving success in the past leads them into a level of consistent remarkable  progress in the present. It's more of a long term deal, most of the investors crying for help here and there were just welcomed into the market few moments ago. Seasoned investors grow ever stronger against any kind of hurdle.
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block_hashFull Member
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#17Jul 22, 2024, 01:35 PM
Research and study before investing is true to any investment, not only in crypto. Do remember that this is your money at stake, so it is up to you how you will handle your money in this high risk investment. That is why, you need to educate the pros and cons of any market and decide what you need to do with it. If this is hard-earned money, better to venture good investments even if the profit is not that big. At least you won't lose that money fast if in case something goes awry with this type of venture.
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QuantumGwe1Full Member
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#18Jul 22, 2024, 05:50 PM
There are investments where you are not familiar to, and there are assets that you are highly knowledgeable to. Just keep learning and make extra research on those you don't know, because sooner when your initial investment pays off and pays you a huge income, then diversification is the key. That way, you won't find it too hard anymore to deal into new investments because you have made an advance research prior to the success of your first investment.
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real_laserFull Member
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#19Jul 22, 2024, 11:44 PM
Everything has its time and period. The right investment at the right time can earn you thousands of dollars. In our ancestors' time, those who invested in land and real estate made good money. In the last 10 years, those who invested in Bitcoin have made good money. Stocks have been profitable from time to time. More recently, gold and silver have been profitable. It's important to try to be there at the right time, not focusing on just one thing. Some investments can take many years to yield returns; you don't need to wait that long.
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yield_moonFull Member
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#20Jul 23, 2024, 03:48 AM
The urge to know before huge success befalls you is a pretty reasonable precautionary step of ensuring your capital isn’t wiped of as soon as the right time comes. To me, this is because, as soon as we can get ready, we are able to manage our wealth without having to think on what to do after making a considerable profit. Some time spent in understanding foreign instruments will make you sustain the sustainability of your assets due to the calculated risks allocation initial planning. This is an strategy that will set the difference between a lucky person and one that is mentally prepared. Having a strong core, we may be confident that all the fruits of our work will keep being fruitful.
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