Good research is important and aids investment decision making. Will you be investing in cryptocurrency or stocks, real estate or bonds? These and more are some of the questions we answer when we Do Our Own Research.

Everyone who wishes to be invested whether a long-term investor, a trader or professional career person should be able to do meaningful research. To Do Your Own Research does not require a lot of technical know how as will be shown shortly.We hope you considered making adequate research before your first investment.

THE NEED FOR DYOR

RISK MANAGEMENT: We cannot employ capital in the absence of risk. As a farmer, you risk pest infestation and disease out break once you plant; as an industrial worker, you risk hazardous accidents that can cause loss; while as investors, we risk the loss of our money. An adequate risk management makes for success as we cannot isolate risk.

CAPITAL ALLOCATION: Do you intend to get in once or in bits ( dollar cost averaging); will you prefer leveraged investment to spot holding? Adequate investment research can help us maximize our capital and returns on investments.

PSYCHOLOGICAL STABILITY: Confidence often comes from knowledge; the knowledge that we are not over leveraged, ignorantly risking our money, and following our investment plan. This gives room for us to enjoy peace while creating generational wealth through sound investment.

Like a tripod stand, investment research has its legs as Fundamental, Technical or Sentimental Analysis. The better we say is none as they complement each other.

FUNDAMENTAL ANALYSIS: Here the investors look at macro economic data - GDP, Political stability and Security, Monetary and Fiscal Policy e.g Interest rates. The effect of this can be seen in the financial market reaction to the war in Europe in 2022; Federal Reserve`s Interest Rates policy and others. In summary, the Fundamentals tells investors what or where to be invested in.

TECHNICAL ANALYSIS: In technical analysis, investors read historical price data in charts and reach investment decisions. It employs tools like chart patterns, candlesticks patterns, support and resistance as well as technical indicators to arrive at sound investment decisions. While the fundamental can tell on broad scale, what and where to be invested; the technical can tell Savvy Investors when to be invested .

SENTIMENTAL ANALYSIS: As rightly put by George R.R Martin, "A sword is only as good as the man who wields it"; our sentiments and personality greatly influence our decision from Fundamental and Technical Data. Will you buy at a breakout or retest; are you patient enough for two years holding; and have you the discipline to follow your plans ? Good personality traits such as discipline, patience and flexibility in bias can help one see different information in the market.

An in depth understanding and application of the three research technique helps us to be Savvy Investors and balanced like a tripod. The more legs we lose, the more difficulty we may have.

Kindly like, share, comment and follow for the next piece on how to apply this wisdom.

NB: You can comment the asset for our next step by step guide on DYOR

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You can read our previous market update here: https://www.binance.com/en/feed/post/200222

The increasing rejection of bitcoin from the $24000 zone may likely be calling for a short term reversal. With a further price action analysis, we can identify a three drive harmonic reversal pattern though not perfectly symmetrical.

NB: Harmonic patterns like the popular head and shoulders pattern are reversal patterns in the financial market. Unlike the heads and shoulders patterns, the harmonic patterns utilize a discrete measurement hence not entirely subjective. Like to know more about these, hit the like and follow button.

Recall that bitcoin have had a consistent buy days for almost three months, a pullback - ( a possible resting period for the bulls) will not be a bad idea.

Nevertheless, from available price data, we are still bullish long term and await further confirmation - a break of current short-term support at $22800 zone for sell confirmation.

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The title investor is one almost everyone across all walks of life desire to be identified with; from NBA superstars to professional and practicing career persons.

What could be the reason?

Well, good and astute investors are characterized by traits desirous of everyone and may be, bearing investors makes us possess these traits.

Such traits include but are not limited to:

1. Wealthy

2. Disciplined

3. Patient

4. Foresight

5. Good judgement

6. Integrity.

Nevertheless, we all may be investors. Let us go on to clearly distinguish the investor from the trader. Stay with me.

An investor is he who risks his capital to:

1. Bring to fruition an idea and

2. Scale an existing business to help a greater number of persons profitably.

He can broadly be a venture capitalist, an angel investor, a fund manager, a wealthy individual, as well as retailers who subscribe to initial public offerings and initial coin offerings.

Unlike the trader who makes money off price and volatility changes, the investor primarily makes money from the successful execution of their idea(s). Because an investor believes in their idea, they do not want to exit too early when there is a potential for 5x, 10x, and even become a unicorn business. E.g, BNB initial coin offering, TWT initial coin offering, Amazon initial public offering...

As such, an investor generally is a long-term committed individual. Hence, they are usually fundamental analysts. Their early exit can be from three years or more.

To sum, the distinction between the trader and an investor is seen in their:

1. Approach to making money from the market and

2. Time commitment.

It is also worthwhile to note that investors birth the asset classes traders trade...

Found this piece insightful? Hit the like and follow button for the next piece on How to be a Successful Investor and Trader.

#Crypro2023 #Binance #Eth

The trader/Investor relationship is one of the most common topic in the world of investing, For this piece, we will try to share our take on this.

THE TRADER : He is the man, woman, professional or career person who leverages short term price changes on assets, securities and commodities for profits. To make more money, he need to do more volume. He can be a high frequency trader, a scalper and day trader as well as swing trader.

While there exist several opinion why this may be bad, I will like to ask: Does this mean businesses that trade by buying and selling does not profit? E,g the auto repairs, the malls...

Having established that anyone can make money as a trader. let us then see how:

a. Volume: This simply means the amount of an asset traded. Remember, as traders, we aim to leverage short term price changes which can range from a few cents to tens, hundreds and at times thousands of dollars , By simplify doing more profitable volumes, the trader makes makes more money.

b. Entries and Exits: To make profits, we have to sell; and to sell, we have to buy. This then is another indispensable tool for the trader - knowing when to buy and sell for profits. Such knowledge can come from good personal sentiments, technical and price data analysis as well as fundamental analysis.

Kindly comment your take on the topic, plus hit the like and follow button for the next piece on INVESTORS.

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Almost every investor desire to make good return on their investments. To such an investor, capital is a prerequisite as returns are made on capitals.

To this end, an investor or trader should make adequate and deliberate effort to protect his capitals through proper risk management.

Risk management I say go beyond portfolio diversification. For us Savvy Investors, Risk management is an in-depth understanding of the individual investor- our weaknesses, our strengths, our most likely reaction in differing situations.

For through this we have understood the risk averse investor who misses opportunities because he is afraid the risk may be too much; while the investor with a high risk appetite loses because he may always be risking too much.

Understanding our individuality makes the best risk management as investment decisions are more of psychology than formulas.

Cheers to us #Savvy Investors: remembere, always #DYOR.