Anyone can invest today. The word investment is becoming more and more popular and fashionable. And the truth is, if earlier investing seemed to be a complicated and energy-consuming business, now there is nothing complicated about it. Even a superficial study of the market, product selection is enough, and now you are already an investor. With the advent of cryptocurrencies, a large number of people began to be interested in how to invest in digital coins. However, many of them abandoned this idea, faced with myths that scared them away. In this article we will analyze a number of the most popular myths about investments.
Large sums are needed for investments
This is not quite true. It all depends on the choice of where you are going to invest. For example, if you decide to invest in real estate, precious metals or art objects, then you will have to have enough funds. However, there are cheaper investments. For example, securities or cryptocurrency. Shares of many companies are not as expensive as it may seem. For example, Apple papers at the time of writing cost $139. Naturally, if you buy securities for a small amount, then the profit will be appropriate. It’s the same story with cryptocurrency, you can buy a digital asset for a long-term perspective of its growth, or start trading. Therefore, in order for the income to be more tangible, then you need to invest a large amount.
The investor must have an economic education
This is not necessary, a beginner investor will have enough superficial economic education. It will be useful to him in order to properly manage the budget and save money. Today there is a large amount of literature and videos with which anyone can improve economic literacy, as they say, there would be a desire. In addition, there are seminars, both offline and online. By visiting them, basic knowledge can also be acquired in a short time. However, this should not be abused. It is better to engage in self-education: this method saves both time and money.
Investments are difficult
There is a stereotype that an investor spends all the time analyzing the market, monitoring charts, and studying information. However, this is nothing more than a stereotype. Of course, there are also such investors who give themselves completely to the cause, but not everyone is like that. It is enough for an investor to choose several financial instruments, study the market, and find out what risks exist before starting an activity. It’s even easier with digital assets. You can choose a coin from the TOP 10 and invest in it. Especially if it is a long-term investment, then you will not need to monitor the market every second. However, if you still want to invest and trade at the same time, but you don’t have time for it, then we advise you to familiarize yourself with the trading bot. The bot will save you time and trade. Find good moments to enter and exit a deal, as well as make a profit. The question remains in choosing a service that could offer a high-quality bot. We suggest paying attention to the leader of the segment – RevenueBot. The service provides the opportunity to create trading bots on the largest cryptocurrency exchanges: Binance, Bittrex, Bitfinex, Exmo and others. Creating a bot is free of charge, the service will not take commissions until the client begins to make a profit from trading the bot. With the help of deep settings of the bot, the service’s clients implement trading strategies that are problematic to experience in normal trading. We will immediately indicate: the bot does not have access to customer funds on the exchange, but trades using API keys, that is, the account will remain out of access. RevenueBot has over 28 thousand customers who earn money thanks to trading bots.
Why should I choose this service?
- Pay the commission only after making a profit.
- The bot settings open up a variety of ways to make a profit.
- Inside RevenueBot, a marketplace is implemented where customers can buy a ready-made bot so as not to bother creating their own, or sell their own if the configuration has shown efficiency. Also, the services of a mentor (an experienced customer of the service) are purchased on the marketplace, who is ready to answer the questions of newcomers. Over time, you can become a mentor yourself, getting additional profit for this.
- Regular updates of the service’s features that optimize the trading process.
- The presence of the RevenueBot referral program allows you to earn money on trading, even without resorting to trading. Attract new customers for the service and get up to 30% of the profit they receive every month (but not more than 15 USD).
This is a small list of the advantages of the service. You can continue to list the positive qualities of RevenueBot, but why do this if you can go to the official website of the service and see for yourself everything? It is highly recommended to make decisions faster, because the crypto market does not stand still, but grows at exorbitant steps. Who knows how much profit is missed by someone who does not dare to come and start trading with RevenueBot.
By investing, you can lose everything
This myth has a foundation. Any investment has risks. The most important thing here is to use a competent investment strategy. It is also necessary to diversify the investment portfolio. It is important to choose the right investment tools. Do not forget: the higher the risk– the higher the profit, the lower the risk, the lower the profit. Therefore, it is worth finding a personal “golden mean”, which you will adhere to in the future.
You only need to invest in one asset
It is absolutely not recommended to do this. If you invest all your capital in one asset, then the chance that you will soon be left with nothing increases significantly. There is an opinion that if you do not know where to invest money, then invest in real estate. However, this does not guarantee 100% profit. The price of real estate increases with inflation. If there is a fall in the housing market, then you will suffer losses on the entire amount of investments, since they are only in real estate. It is possible to reduce such risks by diversifying the portfolio. That is, it is necessary to acquire several assets at once, preferably from different sectors, and stabilize them. In other words, your investment portfolio may include: cryptocurrency, stocks, precious metals.
All the time should be devoted to investments
People who have not invested, it may seem that this is a time-consuming process. After all, you need to study the market, choose a suitable asset, and then follow the charts. However, this is not quite true. There are quite a few different analytical services where you can get a lot of information about assets and the market itself. There are also services of professional traders and investors who will be able to help at first, until you understand everything yourself. And ultimately, do not forget about the assistants of traders – trading bots.
This kind of fiction often confuses novice investors. Therefore, you should study everything yourself and understand that such myths do not carry anything serious. After all, over the past two years, the number of private investors on the Moscow Stock Exchange has increased 3 times. Therefore, you should not stay on the sidelines while others earn.