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December 08, 2017, 01:51:28 AM |
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I strongly suggest everyone do everything they can to avoid emotional investing. I have done stupid things and lost money but I learned from it every time.
But I didn't start to win more than lose until I learned how to not invest emotionally. This was important for me. Now I win some and lose some, but I win far more often than I lose. Evaluate, learn, move on.
There is a great opportunity every day of the week. Don't stress about stuff you didn't do. But also remember that for every investment that ends up with massive returns, there are many thousands of investments that do not. It is unrealistic to expect to get rich quick and it is pointless to beat yourself up for not investing in something that you didn't even know existed. And if you want to find the next bitcoin and buy it when it is near worthless, get ready to do some homework. Good luck everyone!
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