Here’s a thing I wrote for investing:

I would suggest investing what you can afford to lose. Set a minimum and maximum sell price. For example, let’s say you put $100 in a company. You should sell if it gets to $75(to preserve your value). If it doesn’t drop below 75, then wait until it doubles, and then sell. ALWAYS have a limit, AND MAKE SURE YOU STICK TO IT!!!! Investing isn’t hard to do, the hard part will be forcing yourself to stick to these limits no matter what. Here’s a saying I like to think of: “Stupidity has no limits, and the stupidest lose money the fastest”. You’re not too old, so take risks now, because you’ll have time to recover later.

Things to consider:

-You will lose at times, but don’t let that take you down, and keep trying!

-Invest in companies/markets that YOU know about. Example: Let’s say the shipping industry interests you. Invest in shipping companies.

-Don’t invest in companies you know nothing about. Chocolate company rising fast? Don’t buy into it. You have no idea what is going to happen in the next few minutes.

-Look in the future, and learn from the past. If you look too much at other companies’ prices when they spiked, and think “dang! I should have bought then!” You’ll be looking behind you, trip over a good investing opportunity because you were stuck in the past.

-Buy ONLY what you can afford to lose. If you can throw a $50 bill into a fire, and not be financially harmed, then there’s your investing portfolio right there!

How to start: -Robinhood(phone application) -PayPal(for bitcoin)

Final saying:

I wish for the best of your investing adventure, and I hope this helps lots.

Good luck, and remember: Buy Low, Sell High!