If you are an investor, always tell your mind that you are always facing risks. The risks could happen any time and any day, which is why you need to list down all the possible risks that may hinder the growth of your investment like inflation, high cost of commodities, scam encounter, fire, flood, rate of forex trading, rate of property rents and devaluations of your stocks and dividends. Your investment may go wrong , if you will be lured by fake investors beyond your knowledge, so your investment like stocks may be put at risk. They might assure you that after some days the rate of your investment goes down and because you are afraid, you suddenly give a final go without knowing they are fake investors. What to do, do not decide impulsively, do research to find the facts and figures.
Investment that goes wrong
- Thread starter Starmix
- Start date
- Thread starter
- #7
We have to be smart and that is one good quality an investor must have to avoid getting scammed. There are also fake promises of a tenured investor and is assumed by the new ad young investor as authentic, so they ride on the tide which is an immortal mistake.
Indeed we have to be very
carefully especially when dealing with the online investments and everything that requires money handling for sure. Therefore proper research is required before one starts any venture online.
- Thread starter
- #9
You are so right, there are many scammers online and offline today. They are overriding the difficult lives of the people instead of helping them, torturing them with their scamming activities.
Investment is always deemed risky because making profits is not guaranteed. However, there are ways to avoid losses and one of the best strategies is to invest in multiple assets. Even when your certain investment goes wrong, you will have another assets to make up for the loss.
I invested my money in the crypto market at the start of this year, and suddenly market started facing crash after crash this started coming one after another. So many people sold their assets at great loss, but I hold it and remain patient now the market is moving up and I started selling one after another.
- Thread starter
- #14
The best thing to do is plan your business well. It is not good to start right away especially if you are new to business. Safeguard your profits, money, and interest before starting to venture into the world of business.
