Investment and financial management is a growth process that requires patience and also a process of building confidence.
If you buy and immediately lose, it won't take long for your confidence to be shattered, even three times is enough.
If you buy and it rises, buying whatever goes up—then you're like a deity—losing money is a confident loss.
For newcomers who want to get started, it’s best to begin with Bitcoin, Nasdaq ETF, Gold ETF—these have high certainty. Out of 10 people who buy, 9 can make money; the one who doesn't is just a pure newbie.
Once your belief in making money is established and your confidence grows, then try high-risk things, such as buying altcoins, single US stocks, or contract trading.
Start from the basics; as you understand more, you'll naturally be able to plan your own positions.
Don’t just follow blindly when you see others making 300%, 500% returns. The world is not just black and white; what you see is not necessarily what exists.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Investment and financial management is a growth process that requires patience and also a process of building confidence.
If you buy and immediately lose, it won't take long for your confidence to be shattered, even three times is enough.
If you buy and it rises, buying whatever goes up—then you're like a deity—losing money is a confident loss.
For newcomers who want to get started, it’s best to begin with Bitcoin, Nasdaq ETF, Gold ETF—these have high certainty. Out of 10 people who buy, 9 can make money; the one who doesn't is just a pure newbie.
Once your belief in making money is established and your confidence grows, then try high-risk things, such as buying altcoins, single US stocks, or contract trading.
Start from the basics; as you understand more, you'll naturally be able to plan your own positions.
Don’t just follow blindly when you see others making 300%, 500% returns. The world is not just black and white; what you see is not necessarily what exists.