If you have a stock that keeps going up regularly (down as well) but eventually you know it's going to exceed it's price right now do you sell for the profit, then buy it again at the higher price knowing it'll go up or does that mean you're spending too much the 2nd time around?
Well, just like someone said above, before investing your money in something, you have to analyze all the information related to the subject of investments. If we are talking about stocks and crypto, these things are truly volatile, and you have to keep track of all the latest information about these domains. If you are looking to invest in gold stocks or other things, you have to be reassured about how you do it and where. That's why I adore regal assets so much. Honestly, I think they are the best in this domain.
Before investing in anything, you need to calculate the risks correctly. The greater the risk, the higher the return on the stock. I am not a risk-taker, so I only invest in things that are sure to grow. I researched the stock market during the lockdown and wanted to buy some, but my friend told me about MLP. I spent a lot of time finding out what it is. After reading all the information here, suredividend.com, I decided to buy. The biggest plus is that you don't buy shares; you buy part in a partnership.
Thanks for asking . As you're aware , I've been doing this profitably with NVDA . The key is research . Read the news . TMobile , bought out Sprint and is replacing Sprint purchased phones with 6G phones , nationwide - price of chip stocks goes up . Facebook is doing a major system wide upgrade , price of chip stocks goes up . Trump (as President ) visited China , the source of mineral rich mines required to make high A/I chips , value of chip stocks goes down . And aways keep these rules in mind - Never put all your eggs in one basket . Knew a guy was a millionaire , on paper . He had invested in Enron . Never invest money you can't afford to loose - rent or mortgage is due at the end of the month , you can't afford to invest that . The profit isn't yours , until it's in your pocket .