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Principles Of Investing

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joshsticks28
@joshsticks28
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always support the notion of making a good financial plan and putting much effort on investment as well. money is an essential commodity and it's wanted by all individuals. In all my life I've always want to be independent financial and materially, this is something I desire so much but executing this wish will surely come with so much hard work and financial projection and of course investing always do come with so much risk. there's this saying that says "you're also taking a risk by not taking a risk". I've thought about it numerous times and I've come in conclusion that it's literally a true quote.

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so there are different principles of investing and I'd like to share some of them here and they are;

  1. VARIETIES OF INVESTMENT OPTIONS it's always good idea to be diversified in investing in alot of stuffs. it's not advisable to put all funds and capital on one stock market. so a good investor has spread out his/her assets widely on different stock markets in order to avoid huge loss and to have large profits on each of the stock markets the investor has invested on.

  2. SET UP A GOOD FINANCIAL PLAN having a good strategic plans before going into any investment project is a good idea for any investor. one has to be 80% sure before putting so much on any investment or probably on stock markets. having a strategic plans should be the first thing on your to-do list on any investment project. I guess doing that will surely come with good results and profits.

  3. RISK TAKING putting so much risk is and essential in investment world. in investing your assets or capital is always at high risk. you have to be able to take risk in investing and of course, avoiding risk everytime attracts loss. a good investor has to avoid indulging personal feelings like emotional attachment into investment.

  4. PROPER MONITORING a good investor needs to follow and monitor market to know when to buy and when not to buy any stock in the stock market for investment. buy and hold investment is a very good strategic plan for investing. it's more safer than be a trader.

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investing in any kinds of profitable businesses, stock markets or cryptocurrency is unique way of avoiding financial breakdown. for me I've chosen in investing in crypto because of its safety and longevity in stock markets. I'd like to say that crypto is still the future for any investment plans. It has less risk and its decentralized system is like the major fact I'd like to invest in it.

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