How many times do you see posts on social medial relating to some new stock or cryptocurrency, and people are making great returns on that stock? You think to yourself, “man, I need to get in on that now!” However, you realize by the time you got in, most of the earnings were over, and if you make money off that stock, it is going to be pennies compared to what you were hoping for from those posts you read. So how do you go from reacting to other people’s success with the stocks to being one of those reaping the benefits?

First, you buy early, when the word about the stock is quiet. By the time people share it, or it has hit the news, it is too late and time to sell. Buying while it’s quiet requires time and research on your part, but in the end, it will be worth it! Obviously, the first thing you’re going to see when you’re looking at stock will be the trend line. Make sure to look at it in a long-term setting instead of just the last day or week, get an idea of how the company has been performing. It goes without saying that you’re going to want to get in on a stock when it’s in a dip, and you can get more shares for your buck!

So, that research we talked about is going to come into play. Learn about the company you’re planning to invest in. Are they going through any major changes? Has the stock taken any dramatic drops in its history? If so, what was it, and how did it recover? Are they working on anything new that will be released…