I Do Not Invest Blindly

in investment •  3 years ago  (edited)

It was last year when I decided to invest more money in the stock markets. I’m not an expert on investing, but I know it’s not easy if you trade without proper knowledge. Most of us who deal in stocks go instinctively and invest when we see a fall in rates.

But generally speaking, if investors stick with quality names, they will make good returns even if the price is stable, even if the prices of similar companies are going down, which is a sign of the stability of the company. You should stick to the golden rule of investing, which says that there are basically three rules for picking a stock: company quality, company growth rate, and a fair price.

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picture source https://pixabay.com/photos/stock-trading-financial-finance-2463798/

Ask any market expert and he’ll tell you the same thing: There are some corporate sectors that are over-delivering themselves, and according to these experts, these are the companies that should be taken into account when viewing them as a business opportunity. Okay, taking a risk at times is worthwhile, but never discount the risk factor; play safe.

I started at such a time when everyone was thinking of investing in the stock market. The emphasis was on short-term trading, or even day trading was considered an excellent strategy. People were earning and reinvesting money on a daily basis, but soon the bubble burst, and people lost a huge amount. Some of them lost their hard-earned money and their newly earned profit from the stock markets. But this is how the stock market works.

Recently, I started working on a new strategy for investing. I am investing in companies under the "Make Local, Buy Local" groups, which are likely to get government support, as well as their sales, which will be supported by the respective government departments, so they will not have any financial problems, and their profits will grow and be supported by the government, so the chances of losses are almost nil. However, the return was low.

I expect investors to keep these parameters in mind before jumping into the investment arena and investing their money to work in the complex stock market. The three parameters to keep in mind are longevity, quality, and growth, in line with the mood of the market. As you can see, we anticipated a premium on LIC shares, but it did not materialize.

However, when I started working on this chain, I realized that a lot of investors were turning to investing in cryptocurrency. I think they saw a bright future in cryptocurrency. However, only those who have invested in cryptocurrency will know how correct they were. Even cryptocurrency is not a blind investment. It really goes up when there are certain triggers or whales decide to see the markets going up, but it comes down drastically when the situation changes.

If you do not have the facts or you do not have the right experience in investing in cryptocurrency, then there is a very high chance, you will lose your money. If you look at the situation today, it would seem that if the forecasters of the cryptocurrency market see bitcoin at $50000 by the end of this year, will it really go on at this level?

Maybe Bitcoin will reach $50000 or higher, but one should not invest blindly. Finally, I am happy to read that Tron is listed for exchange on my crypto-wallet.

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Your post was upvoted and resteemed on @crypto.defrag

Thank you

Hello sir,

These type of investment and finance posts can be posted using some of the tags which are constantly curated by curation teams.

If you are posting finance related posts, you can use #finance tag. For crypto you can use #crypto.

For more information you can refer to this post.

Thanks again for your valuable suggestion sir. I will do just that.