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What I've learned as an investor over past 12 years.
STEP into a new investment. X% over X time.
ALWAYS due some Due Diligence
(Learn and understand basically what the investment is, how it is performing, what your investment performance is advertised as [same or substantially higher rate increases]
Ask questions.
How long have you been a financial advisor, investor.
What investment products have you managed and sold?
Where have you worked?
Do you have any financial certifications or qualifications?
On the spot ask to see the account, spreadsheets, of the investment. (Look for if it's Personal or Business Bank Account)
Take some profits if available over the 1st first year.
If someone is managing assets properly you can get paid at end of the settlement date (excluding holidays, sometimes weekends) Any Delays, how many communications does it take to get paid?
Do your own homework.
Crypto, S&P index fund, etc. How has the general market been performing? Up X% Down X% what has your investment performance % percentage?
Careful of Behavioral Psychology when investing.
FOMO Fear of Missing Out? Investment product is up X% outperforming Most other Investments, if I was ALL in I would've hit the Jackpot. What is fueling the increase, growth, has it peaked, is it going to Slow and Underperform next X months?
Recent News or temporary event that causes an unexpected drop in price or spike in price. (Spike maybe take some profits)
Be Realistic with your % of Profits. Understand because market has returned X% last couple years it may only return a little or be negative, drop and losses occur. You can't force the direction of the market to what you want but it historically will rise.
Sometimes you'll have cash idle or place in 1,3,6, month No penalty CD ( receive interest usually up till withdrawal, Need to Remove total amount deposited sometimes)