Investment Strategies That Will Always Work
grow the money
Buy Low Sell High
As simple as this may sound, it is not always easy to adhere to. A lot of people who have lost substantial amount of money while investing simply disregarded this rule. This rule simply requires that every investor buy when the investment price is low and sell when the price appreciates.
Warrent Buffer's investment's quote says "be fearful when others are greedy and be greedy when others are fearful). If you apply this principle in any form of investment or trading, you will smile home with profit always.
Buy Fundamentally Sound Assets
When you buy assets that are fundamentally strong, your worry will be less irrespective of the direction of price movement. For eg, in cryptocurrency, if you buy a coin that is fundamentally strong, even if the crypto-market is going down, you will be less worried. The reason is because whenever the next rally comes, fundamentally strong coins will get most of the rally money.
This principle can be applied across every investment. From cryptocurrency to the stock market to real estate investment, it is the same.
Be Ready To Wait
When you are investing even with a short term plan, make sure you put into consideration the probability of waiting longer than planned. Over time prices will always rise but it may take sometime. This will make you avoid selling at loss if the price did not get up as you planned.
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Great content bro, trading is a financial skill every financial market investor needs to be knowledgeable about. Beyond the popular buying low and selling high is some other complicating factors that drives success in financial trading.
Getting rid of greed, fear and emotion is a task new investors struggles with and its very crucial to become a successful investor.
Thanks for sharing, i will be resteeming this to my followers
When everyone else is buying, sell. And when everyone else is selling, buy ;)
Perfect....
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I use Robert Lichello's Automatic Investment Management system. It automates the when to buy when to sell process.
http://cheapogroovo.typepad.com/blog/2016/11/automatic-investment-management-aim.html
Good tips of investment. But remember to never try to catch a falling knife. I wouldn't buy nothing until after August 1st, until the end of the next week.
This is not about August and bitcoin fork. This is a general investment guide. More of what you already know.
very good my friend