How to Start Investing Online

Before I can give any investment advice, I would like to know about your knowledge, skills, expertise, and investment funds. If you have just $100, it is not possible to invest offline, where do you think you can put this money. However, with $100 you can invest online. You can start trading penny stocks or invest in cryptocurrency or build your own website and make money in various ways. However, if you want to invest online you need digital marketing skills, if you do not have digital marketing; it is really difficult to succeed online.

How to Start Investing for Financial Freedom

Do you know what the primary purpose of education is?

Education actually is an investment. When you go to school, college, and university, you are actually investing in yourself to build knowledge, skills, and expertise. Once you are out of the university, your investment will start giving you dividends in the form of a job or employment.

You might have not been able to get good education due to various circumstances. You can still enroll in a course. When it comes to learning something, age is not the limit. Recently, the world’s oldest blogger died at the age of 101, she learned blogging at the age of 90 and was an active blogger until she died.

The first stage: Invest time and money to learn something that will generate high income in the future.

The second stage: Use your knowledge and skills to build an income, if possible learn another skill to increase your income

The third stage: Invest your income to make more money.

Investing Dos and Don'ts

If you are investing in the stock market you can do two types of investment, one, short-term investment, and two, long-term investment. Short-term investment is you sell your stocks as soon as you see some profits. If you have bought a lot of stocks, you can make good profits even when there is a slight improvement in the market. A long-term investment is you buy stocks and hold your stocks for the long term. This method will be profitable even when you have invested a small amount. However, long-term investment will make you profits only when you have invested in profitable companies.

Real Estate is a profitable investment, sadly, this investment is not available for a lot of people as you need a lot of money to invest in real estate. For example, you can start a profitable business with $10,000 but when it comes to investing in real estate property, $10,000 has no value as you cannot invest in real estate with this money.

I think a long-term investment is a better strategy. However, you need to be financially capable to hold your investment for the long term and never panic sell.

Legit Online Investment Opportunities

There are a lot of investment apps that are completely legit and you can make money by investing through these apps. Here are the apps that I have used and the apps that I know are legit. 

Binance: Binance is a crypto exchange app. It is available in over 140 countries. In order to use this app, you will have to first deposit fiat money and buy cryptocurrencies or fund your accounts through cryptocurrencies. Once you have cryptos on your account, you can hold your cryptos for the price to improve and then sell when the price is high enough for you to make profits. In the meantime, you can also stake cryptos and make extra money.

Robinhood: THis is an investing app that will allow you to invest in American stocks like Tesla, Apple, etc. as well as various crypto. You can either hold for a longer period or trade frequently to make money

eToro: THis app is just like Robinhood, you can invest or trade stocks as well as various cryptos.

Webull: This is another investment app that will allow you to invest in stocks and cryptos. 

Coinbase: This is a crypto investment and trading platform.

Investing in Start-ups

Investing in a start-up means you are investing in a completely new business. The idea or the product is never tested and no one knows for sure whether the business will succeed or not. Therefore, there is a lot of risk in investing in start-ups. However, investing in a start-up also means you are able to get hands-on with a lot of equity for a small investment. While $1000 is nothing when you want to invest in the established market (with this money you can not even buy one-tesla share), this can be a really big amount for a start-up. If the paid-up capital of the start-up company is $2000, with your $1000 investment, you have a 50 percent share in the start-up. If your investment did not go well, you will lose $1000, but what if it became profitable? You might be able to build a fortune with this $1000. Imagine the start-up comes with really interesting products and sells like hot cake in the market, or what if big businesses buy the company for a lot of money. Instagram was sold for $1. It was created by Kevin Systromand was funded by Baseline Ventures and Andreessen. Imagine how much money they made by investing in Instagram when it was just an idea.