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/biz/ - Business & Finance

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17627547 No.17627547 [Reply] [Original]

ITT: 200 IQ investing tips

I'll start. Consider the money you have invested already lost. This will free you from panic selling.

>> No.17627759

>>17627547
1st real tip: don't buy technical analysis books, they'll always be obsolete

>> No.17627786

>>17627547
But it’d make me sad :(

>> No.17627820

>>17627786
Well sometimes we have to be sad anon.

>> No.17627831

>>17627547

Invest 2000

Investment worth 4000

Get 2000 out

> You're now in it for free

TA is BS

Fundamentals are not always represented in price

So people Panic

Don't be one of those who panics

Getting rich takes years.

Trade accordingly. Have long time horizons.

Don't think "oh i could have made so much money if I stayed in".

Think "As long as I don't lose money I make money"

>> No.17627842

>>17627759
Huge exception for trading psychology chapters. Those are timeless and work for everything involving risk management.

>> No.17627853

>>17627842
Any tips you've found particularly useful?

>> No.17627854

>listen to /fit/
>if fit shills any coin invest all your money on it

>> No.17627872

>>17627854
Why?

>> No.17627873
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17627873

>>17627547

>> No.17627963

>>17627547
Just invest in Chainlink you dumb fuckers.

>> No.17628018

>>17627547
3rd tip: the best pieces of advice won't be found here nor in any place that has 500k+ people