Arch Angel

stock/stock
1. The definition of shares is securities which are a sign of declaring capital in the company that issued the shares
2. The advantages of shares include capital gains, dividend gains and company acquisitions if share ownership is very large, of course in accordance with regulatory rules.
3. The disadvantage of shares is that price movements tend to be slower or, once the price falls to a certain point, it is difficult to come back
cryptocurrencies
1. The definition of cryptocurrency is a digital currency that is decentralized and secured using cryptography
2. The advantages of cryptocurrency include greater capital gains (due to volatility), staking, pools and consensus
3. Crypto losses are due to the volatile nature of crypto so the risk of loss is also high, no matter how much crypto you have, you are not the owner of the crypto manufacturing company and it is still relatively new
How about stocks vs crypto
Lots of stock people say crypto is a scam and crypto people say stocks are not profitable. In my personal opinion, both have their own significant advantages and disadvantages and I remember a saying, isn't a trader always looking for profit?

After diversifying investment products, the next investment strategy is to make a target, both a target of how much to invest and a profit target, even though the market is fluctuating, a target can be a benchmark for whether our investment strategy is running smoothly or if something needs to change. With a target we also know when we You have to stop investing in this

Yesterday I discussed the importance of investment strategies in getting to know investment products. Now, how important it is to diversify investments according to risk, people's character and financial resilience. one investment experiences a decline while the other experiences an increase so we still make a profit

The start in making an investment strategy is to classify an investment product according to the risk and our financial resilience because in principle profit is directly proportional to risk so we need to classify the risk from the lowest to the highest before we make another strategy, namely diversification.

After discussing money management now a question is how does the investment strategy function vs market conditions? The answer is that investment strategies are useful in terms of our control in investing, even though the market is sometimes difficult to predict, especially the crypto market, but we still have to have rails that we have to follow so that investing doesn't feel like gambling.

The initial thing I shared was the importance of money management where we manage our finances according to many factors, one of the factors is the risk profile in investment. If the investment is high risk and high return then the money we use must of course be cold money in the sense of money which if lost makes we hurt but it doesn't shake our finances