basic asset info page
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awesome info guys! this is all great stuff that will really help ppl who are new and really want to be involved. I will respond and ask questions in a bit but please keep the info coming!!
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You always have to know in what you are investing in^^ Who are the ppl you give money to and do you think that there is money to be made with their idea.
Then you should calculate risk factor. What can happen that will make you loose/earn money and take into consideration how long you will have to keep it for it to return your investment (or to sell shares with profit). It's not easy to find perfect assets as usualy higher risk=higher reward.
I can't recommend enough investing only in ppl that are verified as they have sth to loose if they scam you. If smb isn't verified you are basicly throwing your money away.
Before investing you should also try to predict burst movement cause if burst skyrockets then your shares might be worth close to nothing. On the other hand if burst drops then most likely your shares price will rise.
Lastly, talk to issuers^^ They are usualy cool guys that want to help community and if you have trouble with sth in their asset they will surely explain/change it for you^^
Assets are great and it's extremly easy to invest in Burst^^ They help Burst grow and add huge value and volume to exchanges^^ As more ppl invest, we will all benefit from it and create nice liquidity thanks to witch we might create perfect way for money to grow by itself^^
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@Marc
Great info and response thank you :)
I agree with you on casino based assets. Gambling is a shady practice as it is so getting involved with a investment that involves gambling to me would be a big risk.So from what i got out of your response the most important thing when buying a asset is clear definitive guidelines on how the asset will work and pay out as well as solid and professional communication from the asset issuer.
Basically do your research not only on the asset but also on the person offering the asset.
Thanks again for your input :)
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@Yottaphat
Thank you for the input :)Realistically buying from long term members with a investment in the community seems like the safest bet because if a long term member screws ppl they lose there rep and community backing.
My goal is to get to a point where my assets can buy more assets and the hole thing grows until my kids turn 18 and buy then they can have money to start there adult lives with.
Good read thank you :)
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First off nice info thank you :)
Second something you said really caught my attention.
So why if burst gos up would the asset be worth less? Isnt our goal as investors in burst to get the price as high as possible so our burst investment is worth more? Also if the price of burst rises why would a asset in burst be worth less?Sorry for the noob questions but thats why i started the thread :)
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Great info! :)
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Ok so the basic idea is clear at this point. Buy asset receive percent of whatever investment asset is involved in. Keep get paid a small percent dividend or sell for a profit.
So now lets get more complex.. so some of these questions i have read on already but for the sake of this being a knowledgeable thread lets get the info out there.
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So in what manner do dividends work? Obviously it is a percent of profit but how is that percent figured out and where does that burst come from on a regular basis to be paid out?
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What is the basic structure of the average asset and how does it work?
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What is the best way to make the most off of assets taking a long term investment?
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Do successful assets ideally go forever or do they usually end after so much time and why?
Ok that should start us out i will think of some more questions for everyone soon.
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Dividends are paid out from the assets earnings that they explained how're they going to earn in the announcements - eg, mining, trading, something else - that goes back to the asset and is paid out in the announced ratios.
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X number of shares for Y number of Burst, released at some rate. People buy, asset pays out.
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Very good question - I'll leave that to the pros
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Ideally forever, but for many that's unlikely.
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By the time im done with this thread it will be a goto for all info asset :)
Great info thank you haitch!
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@explosive and one more thing I'll add, copied from another post I did: I do not give investment advice, I'm not qualified to advise others, just make my own decisions for myself - just do your own research, look at the underlying concept, potential longevity, risk, potential and worst case rewards.
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Yes good point. To all who read this thread THIS IS NOT A DEFINITIVE GUIDE TO INVESTMENT NOR AM I IN ANY WAY QUALIFIED TO GIVE INVESTMENT ADVICE!
I am a noob trying to learn who also loves the community and burst. Please read and research!! Just because i ask questions on this thread does not mean that i have not researched or that i dont already know some of the stuff i am asking.
I understand that sometimes finding what you need on the Internet is not the easiest but research is very important to success!
Thank you to haitch for stating this and making me think about it. Nothing is a replacement for good old hard work and research!
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Anyone who is comfortable with sharing there asset investment plan for ppl to look at and learn from please do.
Ill start. So as of yesterday i knew absolutely nothing about assets. This is my starting gameplan ive come up with from a little research and a lot of questions. Please forgive me if i make some mistakes in this post. Im at the hospital with my daughter and dont have my laptop so cant look to make sure info is exact.
My first asset purchased (talon power asset)
Reason for this being my first asset investment- 100% garented
- Good set up for growth of asset for future value
- Issued by the pool owner i plan to mine on for the long hall.
- Haitct verified
- Issuer is a active and respected member of the community
- The assets structure is great with the potential to grow and roi to be payed quickly.
Mistakes i made being my first asset.
- Bought before researching (was in a rush)
- Due to #1 payed more then i could have bought in on. Im not worried about this because it is a solid asset and only bought 100 shares.
Goal with asset
- Purchase as many shares as i can well asset is still young and price is relatively low.
- Hold and get my roi from dividends then shares become 100% profit if i ever decide to sell.
- Watch growth of asset and decide based on growth on if i should keep after roi is achieved (i dont plan on selling)
My next step in asset investing is to pick 1 to 5 more assets owned by long standing community members with haitch verification the have a structure with either real equipment or a payback plan incase asset fails. Also i am looking for steady growth with longevity potential. Roi needs to be reasonable and structure needs to be sound with a active asset thread and issuer.
My plan is to invest what i have currently saved from minning and then 25% of future mining into the chosen assets and to hold them long term and recover roi from payouts.
mind you this is my plan after only one day of research and this may change. This is why research is important.
Hopefully some of the pros will chime in tomorrow with a better guideline for ppl to look at. I just wanted to stress that making a plan through research is important.
Ok im going to try and sleep for a few hrs lol. Have a great night all.
