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I think this is one of the factors because the person can't invest in what he or she knows nothing aboutYou need to make a full research about the coin the project the team also you can ask pro traders in forums about it
Is it that gain you try to get more experience before investing any amount of money , to get a better outcomeOne of the things I consider is what the experts have to say about the investment tool and result of my personal researches on the trends and dips of the tool.
Sure research is more needed because that will guide you in what you are planning to invest on , just follow the right pathYou need to do as much research and get as much knowledge about the thing that you want to invest in to. You can't just invest in something you don't know anything about and hope you are going to make profit
You have to follow a path but you don't always know if that's the right path. Sometimes you are going to go on the wrong path and lose because of that so you should be prepared for the worst case scenarioSure research is more needed because that will guide you in what you are planning to invest on , just follow the right path
You will know if its the right path when you have someone to guide you on what you want to invest on , that is why someone needs a mentorYou have to follow a path but you don't always know if that's the right path. Sometimes you are going to go on the wrong path and lose because of that so you should be prepared for the worst case scenario
That's a very good point. A mentor is great especially when you are at the beginning of the roadYou will know if its the right path when you have someone to guide you on what you want to invest on , that is why someone needs a mentor
Yeah a mentor will always help you at the beginning of the journey and when you want to finish he could also give you tips on what to doThat's a very good point. A mentor is great especially when you are at the beginning of the road
You have to have a deep knowledge of what you are investing in, also you have to pay close attention to detail surrounding the investment.I once invested some amount in crypto currencies some months ago ,but made loss of about $50 from trading because i never tried studying the price for weeks before investing
So what are something you consider before investing
Sure but those details should be adequate research right ? because its obvious that is what would make you achieve more after investingYou have to have a deep knowledge of what you are investing in, also you have to pay close attention to detail surrounding the investment.
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