JAKARTA - If in the past the well-known investment instruments were stocks, then along with technological developments, cryptocurrencies were the choice of many young people in investment. Even Bitcoin has so far increased prices.
To trade stocks or crypto, of course, the first step you have to do is find a place to trade. Web trading is the choice you can make when everything is online.
If you want to trade then select a platform that has complete features, featuring market movements such as the price of Bitcoin or the price of Shiba Inu, its security features and the Academy Crypto feature as owned by the Pintu application.
Meanwhile, stock trading remains an investment instrument that offers potential profits. If you are a beginner, then to start investing in stocks well, there are several steps you need to understand.
How to play good and wise novice stocks is very important to carry out investment regularly and in a planned manner to increase your finances. For that, you must learn a lot from professional and experienced traders.
Basically, trading stocks and cryptocurrencies have the same way of working. So before trading for beginners then you have to understand that trading is the right investment instrument for you.
Understanding how stock or crypto trading requires a strong commitment, because stocks and crypto can be used for long-term investment or daily trading. Here are the steps you need to pay attention to when starting trading for beginners:
1. Understand Basic Stock Science or crypto
To start trading stocks or crypto for good and wise beginners, it is important to understand the basic science. You will find various technical terms that may be confusing at first. To make it easier, first identify the meaning of stocks or crypto.
In general, shares are often defined as a sign of capital participation from individuals or other parties in a business entity. In other words, this capital or share participation applies to companies or limited companies.
In addition to general stock recognition, when you start learning how to play stocks as a beginner, you will also meet the term GMS, which stands for the General Meeting of Shareholders. The GMS function is basically to accommodate the aspirations of shareholders in determining the right policies that affect the development of a business entity.
GMS is one of the important terms that you need to understand when you start playing stocks as a beginner. In addition, the deeper you learn how to trade stocks, then you will also find other terms, such as issuers and dividends, which need to be understood properly.
Likewise with cryptocurrencies, you also have to understand terms in the crypto world, such as crypto tokens, crypto coins, bullish markets or bearish markets, and many other terms to learn.
2. Study graphic analysis
As you know, in trading stocks or crypto for beginners, the movement of stock prices and crypto will continue to change every second. For some people, the factors that determine the movement of shares or crypto are considered mysterious.
However, if you're trying to run a good and wise stock or crypto trading, you'll find that an in-depth analysis can help in determining the price move.
Studying this analysis is not something that can be done in a short time. It is better to learn how to analyze carefully, in stocks you start investing by involving brokers who are more understanding and experienced.
Of course, you need to pay for the broker's services. However, what you spend will be comparable to the value you get from stock trading.
Knowledge of good stock and crypto analysis as a first step in trading for beginners will also make it easier for you to choose stocks and crypto that need to be owned. You can also apply this analysis in reading the portfolio of each investment.
3. Make future transactions
Basically, with a large capital, you will have the opportunity to make a bigger profit in the future. Therefore, many novice investors tend to make stock investment transactions with large and impulsive capital.
However, this impulse also carries significant risks. One wiser way for beginners is to make future transactions. Futures transactions don't mean you have to start with very small capital.
Having a large initial capital is a natural thing. However, it is important to be patient in adding the shares you have in each transaction. Make sure you have reached the desired percentage of returns so that the capital remains safe for further investment.
4. Avoid debt
Trading stocks or crypto can gradually help you avoid debt risk. Debt to invest is not a good and wise way for beginners. The goal of investing and trading is to increase financial strength in the future.
If you don't owe it, then harm can even happen to your finances. You may even get caught up in an investment cycle to pay off debt. With potentially accumulating debt, you're getting further and further away from the initial goals you've set when trading stocks or crypto.
5. Buy shares or crypto when the value drops
As a beginner, you should start buying stocks or crypto for the first time when the value of the shares you are aiming for is down. This is a good and wise way to keep your financial condition stable.
With a relatively low initial capital, you will feel safer to learn to understand stock trading directly. In addition, the stocks or crypto that you buy at a time when the price drops have the potential to increase its value in the future.
With a better understanding of analysis, it is also easier for you to determine when the value of the shares you have will increase. If you apply a long-term investment scheme, how to play stocks for this wise beginner can be an interesting alternative for you to try.
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