Buy when the market falls, sell when the market rises. This happens because you may be making the following mistakes:
1 - Day trading. This is the best way to lose money. It has a direct psychological impact; sometimes you may have bet in the right direction, but the immediacy makes you think you will lose, so you incur more losses than gains.
2 - You must be using money you shouldn't. Using money that should be for paying bills is a fatal mistake because, just like in the previous point, this will make the fear of losing interfere with your rational decisions and you are most likely to LOSE.
3 - Engaging in leveraged trading. This can be the worst of the worst mistakes. You are not a fortune teller to predict where the asset will go in the next 24 hours, so never do this; the market will run you over like a tractor. When greed speaks louder, you can literally lose everything.
So, what is the right way to invest?
Invest thinking about the next semester or more.
Always use money that you won’t need in the coming years.
Study the asset before you literally start investing.
Don't rush to sell as soon as you see the chart drop; calm down, it will come back. Depending on the asset, it’s okay!
Know every detail and the context of the asset you intend to invest in.
In moments of market euphoria, do nothing.
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