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Author Topic: Also consider your mental State of health while investing for wealths.  (Read 831 times)
EluguHcman (OP)
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April 17, 2024, 01:11:59 PM
 #1

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.

While I have also attended several business conventional concerts, there had been this health wise guide orientations that health is also wealth so we should always consider our healths while we are Investing our funds at the course of chasing incomes to secure wealthiness.

This is not just about setting up emergency budgets for healthcares such as when  we are down with the common illnesses such as Headaches, Mononucleosis, conjunctivitis, Diarrheas, Stomach aches and so forth which are most considered health wise.
If we ignore to consider investing what we can afford to loose, we could eventually be negatively affected on our mental faculties which we may never had expected it coming.
There is every possibilities of an investor to go psycho when looses beyond the capacity that their mental health could accept.
Failure to put this as concern and during investment we looses above our limits, we could be at every tendencies to be exposed to heart attacks or mental disorderliness as a matter of unbearable and dispersant shocks.

Sometimes ago, I reached out to my sisters husband on the phone and he sounded so frustrated and strange, while still on the phone, he cut off the call on me and I called severally he ignored the calls.
After some times I called on his wife to express the displeasure of her husband on me and she also said her husband has be acting strange some times now which I make out time and catch up with him as a friend I assumed he is to me.
Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.


Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

"You Asked For Change, We Gave You Coins" -- casascius
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April 17, 2024, 01:22:27 PM
 #2

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.

What did we expect? Mental health has been always overlooked by most often pushing it to the side and saying that it is not real and all we need is a little more determination and motivation but it is not that easy. We need to build perseverance above all especially when we are dealing in high pressure environments.

Quote
After some times I called on his wife to express the displeasure of her husband on me and she also said her husband has be acting strange some times now which I make out time and catch up with him as a friend I assumed he is to me.
Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.

That is indeed unfortunate and it might take him a while to finally get back to his old self. He must feel as if the whole world is crashing onto him, the journey won’t be easy but I hope he does overcome it soon.

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April 17, 2024, 01:30:44 PM
 #3

Mental health in investing is the foundation and dealmaker. Ignoring it is worse than a bad trade. The "health is wealth" thing? More than words, it's your mental edge. Similar to your sister's husband, these stories can teach us. Smart, yet he didn't care for himself. Despite playing the market, he gambled mentally

We all want great wins and high returns. No one discusses mental toll. Stress and anxiety. That erodes your judgment. People need to be smarter.  Mind protection is the real goal of investing, not stock selecting. Whoever says otherwise is selling you fool's gold

Strong minds make strong actions. Broken spirits create bad agreements. Consider investing in mental toughness and resilience like you would your portfolio. That leads to long-term success

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April 17, 2024, 08:08:33 PM
 #4

Health can never be overestimated. Unfortunately, mental health is overlooked. When people experience a loss from a financial investment, they usually just deal with it in their own, nobody really thinks of the fact that it can affect them mentally.
That we why we have to always advise that people should invest what won't wreck them if they lose.
Investments are risky, and some are even more riskier and more volitile than the other. We have to take our health seriously.

Asides from that, some people prefer to save and invest instead of taking care of themselves. I know that saving and investing is good but also take care of yourself. Eat healthy and exercise. What's the point of having savings if you're not healthy enough to spend it? A vacation does a lot in refreshing your body. If you have the money plan for it. Find ways to be happy. Don't just put all your money in savings or investment while you can't take care of yourself.

R


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April 17, 2024, 08:58:57 PM
 #5

There's so many similar stories and posts on this forum, which still speaks on the importance of health while pursuing wealth and this is just one of many and I always try to appreciate it, because it is a reminder still to be wise when making financial decisions that involves risk way more than just the money lost.
When emotional situations after loss of investment or property occurs, the people who are close and love us more than we know get to suffer as well, and may even experience more drop in productivity that even the person who suffered the loss.

Good health always bides good luck and positivity, while an emotional unstable person will always have more negative returns and be less productive, that it affects others in proximity.

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April 17, 2024, 09:20:56 PM
Last edit: April 17, 2024, 09:31:23 PM by Maslate
 #6

Health can never be overestimated. Unfortunately, mental health is overlooked. When people experience a loss from a financial investment, they usually just deal with it in their own, nobody really thinks of the fact that it can affect them mentally.
That we why we have to always advise that people should invest what won't wreck them if they lose.
Investments are risky, and some are even more riskier and more volitile than the other. We have to take our health seriously.

Asides from that, some people prefer to save and invest instead of taking care of themselves. I know that saving and investing is good but also take care of yourself. Eat healthy and exercise. What's the point of having savings if you're not healthy enough to spend it? A vacation does a lot in refreshing your body. If you have the money plan for it. Find ways to be happy. Don't just put all your money in savings or investment while you can't take care of yourself.
When one turns to be more greedy with money, that’s where ignoring of mental health might also takes place. This really happens to a lot of individuals, it’s like they find it hard to balance their mental health and financial health aspects. While health is wealth, but for them the real wealth is having to gain multiple profits from different investments, and that’s where mental health becomes at risk. Not realizing that if one fails in his mental and emotional aspects, one will certainly not succeed in all his wealth attempts.

R


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April 17, 2024, 09:30:21 PM
 #7

Mental health is indeed one of the most important things that we must always pay attention to and keep so that it is well controlled and remains in good condition. In fact, it's not just the wrong way to invest. Mental health can also be disturbed by the environment around us or because the work load is too heavy to exceed our capacity. And that's why we have to understand ourselves better and avoid everything that can make us stressed. Likewise in trade and also in business and including investing. We must understand the limits of our abilities or capabilities in maintaining the risks we take. We must not be so greedy that we make decisions that can impose a heavy burden on our own mentality. It's better to do it calmly and with careful calculation. And with good emotional management. It's just that sometimes encouragement from the environment can make someone do things beyond their limits. So it would also be better if we guard our relationships so that we only have good people who can give us good advice and not those who encourage us to take high risks.

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April 17, 2024, 10:08:40 PM
 #8

There's so many similar stories and posts on this forum, which still speaks on the importance of health while pursuing wealth and this is just one of many and I always try to appreciate it, because it is a reminder still to be wise when making financial decisions that involves risk way more than just the money lost.
When emotional situations after loss of investment or property occurs, the people who are close and love us more than we know get to suffer as well, and may even experience more drop in productivity that even the person who suffered the loss.

Good health always bides good luck and positivity, while an emotional unstable person will always have more negative returns and be less productive, that it affects others in proximity.

Not only in the crypto world to maintain our mental health, but in all things we have to maintain it, because by having a healthy mentality we tend to do positive things and also in analyzing all forms of problems it will also be very good and have a positive impact. A healthy mentality will also feel inner peace and increase confidence, so that what we go through is always good at making decisions and mapping every problem in investing, we will be freer, when we fall in investing we will also be better prepared because investing in the crypto world, if we fall, it could be the worst. base.

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April 17, 2024, 10:17:57 PM
 #9

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.
Have you heard about Dr. Gekhan Çalışkan. He was a medical doctor with a wife and kids who killed himself some days ago. He fell into depression due to a loss of his funds on a cryptocurrency exchange. I count investors who despite their loss are able to get the help they need to get their mental health back together again.

Quote
Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.
This is so important that once it is neglected we can almost not go anywhere. Our mental state of mind determines how far our fight or flight reaction. Entrepreneurs usually withdraw themselves but no, they should find one person that will listen to them cry, laugh, talk, about their business.

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April 17, 2024, 10:58:04 PM
 #10

...
Due to the risk associated with investing and investment, investors need to be conscious of their mental health so they can know when they are loosing it or not. There are many things that could go wrong with investing and as an investor these things can be overwhelming. As an investor , you can consider these simple methods as ways of improving your mental health.
(a) Maintain a good sleep routine
(b) Have someone to talk to because it can greatly reduce stress. A professional is usually a better option, but even talking with an unprofessional in some situations can be helpful.
(C) Stay exercising.

R


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April 17, 2024, 11:01:49 PM
 #11

Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.
To be honest, investing made my mental health stronger and even I was able to improve my emotion because I have no control over my investments but I can control the losses that I may incur. But with that, I'm good that I am no longer pressured and feeling emotional when the market is in correction. It's all normal and it's all gonna be okay when you're able to get used to how the market moves and works, a big correction soon might just be a typical day of your portfolio.



 

 

 

 

 

 


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April 18, 2024, 11:37:25 AM
 #12

That's a very necessary tip. To my highest of experiences in investment, most Investors has intentionally ignored to put their mental health in considerations to believe that if paraventurely they invested a huge sum of resources with the expectations that they were going to turn around in the market at a large scalabilty of capitalizing their profits could be endangered to their mental health if it's believed that they actually Invested what's more than affordable to their portfolio in case of lost.
Indeed there had been lot of frustrated investors who has lost their values and potentials as a fact of being unbearable to their investment losses.

Considering the value and stabilizing a well conditional state of your mental health while chasing those profits would as much enable you to even connect wisely and calculative towards that your aim of chasing profits in other to minimize the possibilities of facing lost.
While over being logical, calculative and excessive risk bearing for breedsy could as much trigger such form of mental disorderliness.

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April 19, 2024, 02:18:47 PM
 #13

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.
There has been a rise in the rate of mental health disorders. Some of them have been attributed to social media which has increased cyberbullying, the effect of Covid 19, and economic problems. There has also been an increase in suicide rates because of business failures. The use of drugs has also increased over the years which has contributed to mental problems.

Entrepreneurs or business owners should know that business is a risk and the outcomes are not predictable. There is also a need to learn about a business before investing to avoid losses. They should also know that failure is not the end of the world. After all many successful businessmen in the world have failed many times but they set aside these challenges and put in more effort. We should be aware that if we lose money we lose something but if we lose our health we have lost everything.

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I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.
Maybe he invested in a Ponzi scheme or a get-rich-quick project. Or he didn't do enough research about the business he invested on.

Quote
Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.
There is a need to always pay attention to our health because without it we cannot achieve anything in life. We should also go for periodic medical checkups to make sure we are fit to work. If you feel too stressed or emotionally unstable, taking a break from full-time work could be a good option.

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April 19, 2024, 04:00:31 PM
 #14

Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

Not a lot of people realize this but investing requires a crazy amount of focus and determination.

You can not start investing with your mind all over the place. You need to gather your wits, create plans appropriately and make decisions under pressure. You have to be able to stand your own ground whenever there is talk around you. It is fomo you have to deal with alongside fud.

Moreover it doesn’t stop there because whenever something goes wrong, you also need to be able to bounce back from that and do what is right to save as much as you can.









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April 19, 2024, 04:19:49 PM
 #15

For sure a priority.
Any investment has its own risk; if you are not having plans for a sudden loss then you are simply accepting things and this is where our mental health would matter in any field of investment. Let's say you won from a certain asset and you became greedy of things and bought expensive things that are not necessary in your living, what is more likely to happen? You lost once and end up selling some of your properties to re-invest, what will happen?

Mental health would play a huge role to an investor's decision making, and that's what will lead to profit. Given tha risk exists, an investor shouldn't be too confident of things. If you have good decision making and mindset w
in every loss, I cannot see you failing on any field of industry you would be interested with.

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April 19, 2024, 04:29:52 PM
 #16

Health can never be overestimated. Unfortunately, mental health is overlooked. When people experience a loss from a financial investment, they usually just deal with it in their own, nobody really thinks of the fact that it can affect them mentally.
That we why we have to always advise that people should invest what won't wreck them if they lose.
Investments are risky, and some are even more riskier and more volitile than the other. We have to take our health seriously.

Asides from that, some people prefer to save and invest instead of taking care of themselves. I know that saving and investing is good but also take care of yourself. Eat healthy and exercise. What's the point of having savings if you're not healthy enough to spend it? A vacation does a lot in refreshing your body. If you have the money plan for it. Find ways to be happy. Don't just put all your money in savings or investment while you can't take care of yourself.
When one turns to be more greedy with money, that’s where ignoring of mental health might also takes place. This really happens to a lot of individuals, it’s like they find it hard to balance their mental health and financial health aspects. While health is wealth, but for them the real wealth is having to gain multiple profits from different investments, and that’s where mental health becomes at risk. Not realizing that if one fails in his mental and emotional aspects, one will certainly not succeed in all his wealth attempts.
Exactly greed in making more money and avoiding spending it because they have one or more goals to meet up to. They do not know that if they do not have good health and something happens along the line that they died they won't have the chance to see that goal and someone else would eat what they had labored for. I have a colleague at work who would spend so much money on buying new clothes and shoes (very expensive ones in that matter) but won't buy drugs or go to the hospital when he is sick. It was unbelievable that he refused when i tried to persuade him to get drugs. I almost bought them myself but i found out that he has the money and refused to get it for himself.

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April 19, 2024, 04:41:56 PM
 #17

...

Good health always bides good luck and positivity, while an emotional unstable person will always have more negative returns and be less productive, that it affects others in proximity.

Not only in the crypto world to maintain our mental health, but in all things we have to maintain it, because by having a healthy mentality we tend to do positive things and also in analyzing all forms of problems it will also be very good and have a positive impact.

Every day we are faced with various life problems and we will be very lucky if we are able to overcome them with a healthy mental and physical condition. If our body is healthy then positive thoughts will emerge, this will make us even more enthusiastic about making money, of course.

A healthy mentality will also feel inner peace and increase confidence, so that what we go through is always good at making decisions and mapping every problem in investing, we will be freer, when we fall in investing we will also be better prepared because investing in the crypto world, if we fall, it could be the worst. base.

That's right, successful people and also great investors, they all have healthy bodies and mental health so they can make good decisions, in contrast to those who don't have healthy bodies and mental health, their lives are definitely chaotic.



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April 19, 2024, 04:46:32 PM
 #18

Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

Not a lot of people realize this but investing requires a crazy amount of focus and determination.

You can not start investing with your mind all over the place. You need to gather your wits, create plans appropriately and make decisions under pressure. You have to be able to stand your own ground whenever there is talk around you. It is fomo you have to deal with alongside fud.

Moreover it doesn’t stop there because whenever something goes wrong, you also need to be able to bounce back from that and do what is right to save as much as you can.
It's true, it's also very important not to be excessive or greedy in investing, I think that's also part of what we need to pay attention to in order to minimize the amount of risk we face. However, we cannot control the market, but we can learn to adapt to the risks involved, and long before we decide to invest we must be prepared to lose some money. Why be a millionaire if our mentality is damaged, our emotions are disturbed and we don't live in peace as a result of investing. Of course, we can control all of this by setting certain boundaries, we also have to be prepared for all the risks that arise in the future.

Learning and continuing to learn and adapting to circumstances is the best way to get back up if one day we experience a loss. The toughest test of our mental health is during the period of losing money, how we respond to it and how we should manage our emotions. However, I believe that people who invest, whatever it is, are very prepared for all the risks involved. Keep using the cold money we have, which if we have a bad day it won't destroy our mentality.

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April 19, 2024, 05:29:09 PM
 #19

Investing your life savings is never a good idea no matter how good an investment is. Still, some people are simply too careless to understand this and act wisely when making investments, and this is mostly because their minds get overshadowed by greed. They lose the ability to think critically about the situation and the future outcomes and consequences of their investment in case it doesn't turn out to be successful.

Someone who makes investments does it so that they can have an extra source of income and investments should only be done if there is money kept idle that isn't for savings or anything and one wants to utilize them so that they can earn some money with them instead of keeping them idle for long. No one invests money or starts businesses with it if they can't afford to lose it because investments and businesses can fail sometimes and if you can't digest that, you shouldn't do it in the first place.

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April 19, 2024, 06:29:17 PM
 #20

Investing your life savings is never a good idea no matter how good an investment is. Still, some people are simply too careless to understand this and act wisely when making investments, and this is mostly because their minds get overshadowed by greed. They lose the ability to think critically about the situation and the future outcomes and consequences of their investment in case it doesn't turn out to be successful.

This is definitely what make people lose in the process of investment. No matter how a business is portrayed to be is there is still that percentage of loss in the said business, if not everyone will actually invest into that business. Take for example this bitcoin investment, many people have conviction that no matter how dip it goes as long as you hold for a very long time the market will appreciate later and the price will go up base on past history of the coin. But yet you will see many old and experienced investors always ditching out advice that you Should invest what you can afford to lose.

This advice span across every other investment. Using an amount that wouldn’t hamper your ability to move forward In case of collapse of the business will grant you better physicology of holding up even at crisis.

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April 19, 2024, 06:37:07 PM
 #21


What did we expect? Mental health has been always overlooked by most often pushing it to the side and saying that it is not real and all we need is a little more determination and motivation but it is not that easy. We need to build perseverance above all especially when we are dealing in high pressure environments.

I think we have come a long way in modern times. There is more of an awareness & acceptance of mental health issues now. There is a slogan, ‘its ok not to be ok’ which I think is a good statement regarding mental health issues. Regarding the statement in the OP though, obviously you shouldn’t make investments & take risks when you are not in a good place mentally, it could have disastrous effects.

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April 19, 2024, 06:43:15 PM
 #22

The reality of today's world is people have to give up a huge chunk of the other aspects of their life in the pursuit of wealth most times to only break even. This is true for counties with higher and lower standards of living;

• In some countries you are burdened with thousands of dollars worth of loans before you even get your first job and have to spend the next 30-40 years paying that back while trying to stay afloat wit right sing cost of living.
• In poorer countries education, health and other amenities are cheaper but of lower standards and opportunities are very few, so you still have to work 30-40 years to make a modest living.

It is almost impossible to ask people not to chase wealth aggressively. Addictive behaviours like gambling and high risk investments should be avoided at all cost, but other aspects of daily living is enough to take a toll on one's health.

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April 19, 2024, 07:42:27 PM
 #23

When one turns to be more greedy with money, that’s where ignoring of mental health might also takes place. This really happens to a lot of individuals, it’s like they find it hard to balance their mental health and financial health aspects. While health is wealth, but for them the real wealth is having to gain multiple profits from different investments, and that’s where mental health becomes at risk. Not realizing that if one fails in his mental and emotional aspects, one will certainly not succeed in all his wealth attempts.

It could be that when they only think about or only pursue wealth, there is a possibility that little by little they can forget about their health, even though they should still pay attention to this, because I think "health is expensive".
  I think that if they chase wealth or profit too much, it can affect their health, whether it's because they forget to rest because they only think about wealth that they have to pursue. It is not recommended that we ignore our health.

in any activity we must be able to pay attention to our health, don't let us be busy doing other activities and have dreams such as wealth but this actually affects our own health. Balancing everything must be done so that everything runs smoothly.

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April 19, 2024, 09:10:15 PM
 #24

Health can never be overestimated. Unfortunately, mental health is overlooked. When people experience a loss from a financial investment, they usually just deal with it in their own, nobody really thinks of the fact that it can affect them mentally.
That we why we have to always advise that people should invest what won't wreck them if they lose.
Investments are risky, and some are even more riskier and more volitile than the other. We have to take our health seriously.

Asides from that, some people prefer to save and invest instead of taking care of themselves. I know that saving and investing is good but also take care of yourself. Eat healthy and exercise. What's the point of having savings if you're not healthy enough to spend it? A vacation does a lot in refreshing your body. If you have the money plan for it. Find ways to be happy. Don't just put all your money in savings or investment while you can't take care of yourself.

It's important for people today to be able to save or have investments even though their health status has been compromised, I also don't know why there are many people today who ignore their health even if they feel something is wrong, I'm one of those people, even though I know something is wrong with my body or mental health, I always set it aside because I'm so busy in life, but that shouldn't be imitated, we should always prioritize our physical and mental health, because when we get sick, anytime the money we have saved to pay for hospital bills can be used up by chance.



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April 19, 2024, 09:16:43 PM
 #25

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.

While I have also attended several business conventional concerts, there had been this health wise guide orientations that health is also wealth so we should always consider our healths while we are Investing our funds at the course of chasing incomes to secure wealthiness.

This is not just about setting up emergency budgets for healthcares such as when  we are down with the common illnesses such as Headaches, Mononucleosis, conjunctivitis, Diarrheas, Stomach aches and so forth which are most considered health wise.
If we ignore to consider investing what we can afford to loose, we could eventually be negatively affected on our mental faculties which we may never had expected it coming.
There is every possibilities of an investor to go psycho when looses beyond the capacity that their mental health could accept.
Failure to put this as concern and during investment we looses above our limits, we could be at every tendencies to be exposed to heart attacks or mental disorderliness as a matter of unbearable and dispersant shocks.

Sometimes ago, I reached out to my sisters husband on the phone and he sounded so frustrated and strange, while still on the phone, he cut off the call on me and I called severally he ignored the calls.
After some times I called on his wife to express the displeasure of her husband on me and she also said her husband has be acting strange some times now which I make out time and catch up with him as a friend I assumed he is to me.
Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.

Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

It's a good point you've made. True investing comes from a place where you are looking for realistic returns, which are historically going to be closely aligned with the average returns from the stock market. That's roughly in the 8% range and has been falling over time, although it can definitely fluctuate. Anything above that and you start to enter riskier territory, where you may end up losing money. Many people are simply unequipped for investing in riskier assets when they don't do enough research and educate themselves around the dangerous. A true investor should be happier when the asset they own falls in value, because it's an opportunity for them to buy even more for cheaper, if they expect it to go up in value in the longer term.

R


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April 19, 2024, 09:41:09 PM
 #26

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Consider your mental health so that you can manage your situation, not so that it discourages you from investing.

Knowing your problem is the first step to handling it.

Understanding your mental health will make your more careful not to take as much risk as those who are more mentally stable.

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April 19, 2024, 10:55:50 PM
 #27


What did we expect? Mental health has been always overlooked by most often pushing it to the side and saying that it is not real and all we need is a little more determination and motivation but it is not that easy. We need to build perseverance above all especially when we are dealing in high pressure environments.

I think we have come a long way in modern times. There is more of an awareness & acceptance of mental health issues now. There is a slogan, ‘its ok not to be ok’ which I think is a good statement regarding mental health issues. Regarding the statement in the OP though, obviously you shouldn’t make investments & take risks when you are not in a good place mentally, it could have disastrous effects.
Right, mental health issues are now highly addressed these days, but despite that majority still put their health next to their wealth accumulation because for them, you can’t be in good health as well if you don’t have the money and fortune that everyone is dying to have. While health is wealth, but still people would never think that way, in fact they still have to experience anxiety and depression before they will be able to prioritize their health over their greed with wealth.

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April 19, 2024, 11:13:34 PM
 #28

Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.


Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

One way of solving depression problems is by talking to who we comfortable with or anybody that is just willing to listen. Depression makes people not to think straight so it's best to just speak with someone at that very moment. I suggest you advice him to calm down because failure is part of life and it's something that can not be evicted in any successful business. Before any business man can become very successful, they must have face so many challenges and failure but they become successful because they learn from their failures. Always be around him to comfort him and let him also speak to his wife about it. Maintaining a good health is our responsibility and in anything we do, we must keep in mind that we can achieve anything after death.

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April 20, 2024, 02:20:58 PM
 #29

~
Consider your mental health so that you can manage your situation, not so that it discourages you from investing.

Knowing your problem is the first step to handling it.

Understanding your mental health will make your more careful not to take as much risk as those who are more mentally stable.
Oh yeah that is it. Put your mental health in considerations in that aside your investment you still have to be mentally stable and you should also understand that slight risk taken in your investment which your emotions can not bear can ruin your life where the disappointment of your investment results to a disorderliness of your mental state of health.

Right about it you would be on two list counts which would be your investment list count and your mental lost counts.


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April 20, 2024, 07:47:38 PM
 #30

Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.
Health is the paramount thing in life, even health itself is wealth . It is so bad when people neglect their health to take good care of themselves. People just think it is just all about money, yes money is important but that doesn’t mean we need not to put our health as the first priority.  When the mental health is in good state atleast one can be able to go after wealth but if the mental is not proper it is impossible to even go after wealth instead  it can make one to even lose more money.

That is why it is important for one to always check if the health is in the right state because when one manages the health for a longtime without proper care when it breaks down it can be very severe that might lead one to spend lot of money or even lose life.  Health is wealth and it is only good health can give the money you want.

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April 20, 2024, 08:00:32 PM
 #31

I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.

The main cause of all this is what we call risk management, which involves knowing how to fit into any risk before you can decide whether to go into it or not. There are certain risks that are meant for people based on their financial status, and that doesn't mean if you try to fit into the risk, you won't succeed. No, but it will have just less possibility for you to succeed in the risk, which is the same as the risk that your in-law takes.

If he focused on going for the risk based on his income, he would not be in the situation that he is in because he will not have to accumulate any debt. The main problem that will be disturbing him and make him start acting strange is due to the money that he is going to pay because if he only lost his capital, he would have the strength to lend some funds and raise his business, but with debt, he cannot do that because he needs to pay the former debt before he can get another one, and there is no source to get that, so that is capable of making him mentally ill.

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April 20, 2024, 08:45:20 PM
 #32

Financial pressure and stress can sometimes be the catalysts of significant mental health concerns. Our mental health, however, is just as worthy of an investment as our finances are. We should always take into consideration our risk tolerance and capacity for losses before engaging in any investment endeavors. Failure to attend to one’s state of mind may lead to severe repercussions that can even be life-threatening.

You need to be aware that stress and failure associated with investment may lead to the development of heightened anxiety levels, high levels of stress, or even depression. But we must be able to know our own boundaries and take steps that will allow us not only to care for our mental health but also to consider contacting a specialist if necessary.

It is a great lesson from the story you narrated about someone facing mental health problems when they lose their investments, which demonstrates that possessions are not of primary importance but our sound mind is. We must at all costs value our well-being above anything else.

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April 20, 2024, 08:45:33 PM
 #33


What did we expect? Mental health has been always overlooked by most often pushing it to the side and saying that it is not real and all we need is a little more determination and motivation but it is not that easy. We need to build perseverance above all especially when we are dealing in high pressure environments.

I think we have come a long way in modern times. There is more of an awareness & acceptance of mental health issues now. There is a slogan, ‘its ok not to be ok’ which I think is a good statement regarding mental health issues. Regarding the statement in the OP though, obviously you shouldn’t make investments & take risks when you are not in a good place mentally, it could have disastrous effects.
Mental health issues are not new anymore since everyone is already aware of that. That it should not be ignored but given high priority above other issues, otherwise you might only regret and face a lot of consequences in the end. I guess this is what OP means, mental health is our first wealth, if you can't treat it right, you will never be wealthy in the other means.

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April 21, 2024, 09:39:26 AM
 #34

Oh yeah that is it. Put your mental health in considerations in that aside your investment you still have to be mentally stable and you should also understand that slight risk taken in your investment which your emotions can not bear can ruin your life where the disappointment of your investment results to a disorderliness of your mental state of health.

Right about it you would be on two list counts which would be your investment list count and your mental lost counts.
Mental health also needs to be well maintained by every investor who has invested more with quite large capital, because this condition is usually not easy for investors who have recently started investing. So there are times when they will feel chaos within themselves when they are unable to control their emotions and thoughts to let go of their investment in a loss condition, even though when they see a loss, every mental and emotion must really be tested well so that they don't let go of their investment and become a loss.

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April 21, 2024, 09:50:51 AM
 #35

Should we ask ourselves what will happen if we lose everything? I think yes. From the very beginning, you need to lose the whole situation with losing money. If we consider everything in advance, then there will probably be other plans, like plan B. But yes, people with an unstable psyche, even those with free capital, better take care of their health, because someone who cannot cope with stress will make a lot of mistakes if troubles take him by surprise.

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April 21, 2024, 11:16:11 AM
 #36

Should we ask ourselves what will happen if we lose everything? I think yes. From the very beginning, you need to lose the whole situation with losing money. If we consider everything in advance, then there will probably be other plans, like plan B. But yes, people with an unstable psyche, even those with free capital, better take care of their health, because someone who cannot cope with stress will make a lot of mistakes if troubles take him by surprise.
You want a better alternative to do this that's more faster and I can guarantee you would make you not worry about losing anything anymore? Try losing everything, see what it feels like and when you've been driven to a corner where you really got nothing to lose, maybe you can find a way to not worry too much about stuff, you've been at the rock bottom so it's not going to make you panic when it hits you back again. That's just my two cents though, I feel like it's not going to work on other people, if we want to learn all, we must empty everything first right? If you're having issues with your mental health in regards to what you're doing with investing, you probably would do better if you seek a mental health professional help.

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April 21, 2024, 12:21:34 PM
 #37

Oh yeah that is it. Put your mental health in considerations in that aside your investment you still have to be mentally stable and you should also understand that slight risk taken in your investment which your emotions can not bear can ruin your life where the disappointment of your investment results to a disorderliness of your mental state of health.

Right about it you would be on two list counts which would be your investment list count and your mental lost counts.
Mental health also needs to be well maintained by every investor who has invested more with quite large capital, because this condition is usually not easy for investors who have recently started investing. So there are times when they will feel chaos within themselves when they are unable to control their emotions and thoughts to let go of their investment in a loss condition, even though when they see a loss, every mental and emotion must really be tested well so that they don't let go of their investment and become a loss.

If you are not fine mentally and can't handle any further stress maybe its more better for us to step aside the thoughts about investment. There's always a lot of time for that since what is more important for now is our healthy so best to resolve any ongoing issues since once we are fine and clinically declared recovered from mental stress or troubles then maybe at that time we could able to start our investment journey since for sure that we can focus on many things that we want to happen. Compare when there's a lot to think of and for sure that we cannot take care everything since all of it will just messed up since we are not fully in control in our emotions. What bad thing about this situation if we lose all our money because of those mistake we commit then maybe we might receive a lot more stress and that could possibly end up to more worse condition to us.

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April 21, 2024, 08:47:09 PM
 #38

There's so many similar stories and posts on this forum, which still speaks on the importance of health while pursuing wealth and this is just one of many and I always try to appreciate it, because it is a reminder still to be wise when making financial decisions that involves risk way more than just the money lost.
When emotional situations after loss of investment or property occurs, the people who are close and love us more than we know get to suffer as well, and may even experience more drop in productivity that even the person who suffered the loss.

Good health always bides good luck and positivity, while an emotional unstable person will always have more negative returns and be less productive, that it affects others in proximity.

I agree,just like they'll always tell us that "health is wealth.Come to think of it guys how do you intend to enjoy all these wealth and attained luxuries/achievements when you don't seem to have enough life of yourself again.

Some of these threads are not just mere threads and writeup.Once in a while,it is good to remind people of how essential their physical and mental health should be cherished and put into consideration always.Just so you know,if you want to live a good life,make money and build your wealth/finance;if you want to enjoy your wealth and riches,ensure to keep an eye on your health because without good health,it is difficult to enjoy the benefits of your wealths.

Anything can be achieved if you have good health,even studies have shown that health has a greater impact on happiness than wealth so let's be intentional about been in charge of our health/wellbeing.Always be proactive and responsible for yourself because no one can treat you better that you'll treat yourself;it dangerous to let somebody love you more than you love yourself.

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April 21, 2024, 09:26:45 PM
 #39

All I can say if I see a situation like that is work or invest with what we can spend and be prepared to lose with it because at the end of the day even though it is dealing with money but when we are prepared in understanding the risk and the worst possibility that we lose value when the decline happens then we should indeed be prepared with such a thing.

If at the end of the day we think that everything that happens is a risk and we are prepared to lose (not that we want to lose) then indeed we will not feel stressed when our expectations are different from the reality.

The problem is that a lot of people don't want to expect that because they only see the sweetness but don't see what the bitterness is like and seem to eliminate it so that when the worst possibility happens they are not able to deal with it mentally or the pressure that occurs.

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April 21, 2024, 09:45:12 PM
 #40

IMHO, this topic is a lowkey in our society. But I like it that it is getting the interest of many and the attention that it needed to have. Because many folks don't still believe how important is the mental state of everyone whether you do investing, studying or even in working as an employee.

While we put time, money and effort for our investments. It is a must to think of how it is going to be when you're investing and you have to make sure that you're prepared not just financially since you're taking a risk but also mentally.

Just like in marriage, you should be prepared with the same thing as it's going to be a commitment and that's what it should be in investing too. Because you worked hard for your money and you have to make sure that you have calculated the risk where you are investing it.

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April 21, 2024, 10:35:23 PM
 #41

Oh yeah that is it. Put your mental health in considerations in that aside your investment you still have to be mentally stable and you should also understand that slight risk taken in your investment which your emotions can not bear can ruin your life where the disappointment of your investment results to a disorderliness of your mental state of health.

Right about it you would be on two list counts which would be your investment list count and your mental lost counts.
Mental health also needs to be well maintained by every investor who has invested more with quite large capital, because this condition is usually not easy for investors who have recently started investing. So there are times when they will feel chaos within themselves when they are unable to control their emotions and thoughts to let go of their investment in a loss condition, even though when they see a loss, every mental and emotion must really be tested well so that they don't let go of their investment and become a loss.

If you are not fine mentally and can't handle any further stress maybe its more better for us to step aside the thoughts about investment. There's always a lot of time for that since what is more important for now is our healthy so best to resolve any ongoing issues since once we are fine and clinically declared recovered from mental stress or troubles then maybe at that time we could able to start our investment journey since for sure that we can focus on many things that we want to happen. Compare when there's a lot to think of and for sure that we cannot take care everything since all of it will just messed up since we are not fully in control in our emotions. What bad thing about this situation if we lose all our money because of those mistake we commit then maybe we might receive a lot more stress and that could possibly end up to more worse condition to us.

Yes it is, and maybe anyone can answer my question and choose the one that you think is better to choose between forcing to invest in a state of stress due to other things with the risk of experiencing adverse effects on your health or not investing at all (not getting a profit) and the benefits are most likely that you will not experience a bad situation on your health then which one would you choose? I think the first is not an option because it is useless for you to succeed in making a profit but if the process has an adverse effect on your health that maybe the money from the profit will be lost again by hospital fees.

Of course as you said that the best step is to first solve the problem that is being experienced or at least you find a little time to calm your brain and mind so as not to be too stressed and when you feel good enough then only then can you invest or challenge a market to open a position. What we must understand in this case is that investing or trading is always recommended to be done based on favorable situations and conditions such as when you are feeling fine because decision making must always be based on calmness to be able to make the right decision, and in fact forcing ourselves to trade when we are under stress will only lead us to bad results because decision making is not based on common sense and rational mindset due to you being in a state of stress.

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April 21, 2024, 11:07:55 PM
 #42

One important rule about investment is that never put all your money in a business no matter how legit it looks. Always invest what you can afford to lose so that if anything goes wrong the blow won't be severe. Unfortunately, people are still making this mistake and when they lose everything they develop serious health challenge or even die because of the shock of starting all over from the crash. We really need to be wise when making financial decisions.

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April 22, 2024, 03:40:56 AM
 #43

~~~

Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

Considering one's state of health when making high risk investment is a right approach to mental health because most investors don't really think about the state of their mental health due to the fact that they are involved in too many investments at a time so trying to always keep up-to-date which each of their investments can lead to mental disorders because the brain will be so stressed due to calculations on how your investments plan will work accordingly.

It is not bad to be involved in too many investments or high risk investment because almost every investment is full of risks as the possibility of making profits is almost equivalent to the possibility of losing as well so while making investments more especially the once that has higher risks, it will be good to run a background checks and balance to see if you can be able to withstand in a case of loss.

And it is also important to always seek for health advice from a physician or visit a therapist to guide you on how to handle issues that concerns emotions and how to always stabilize your state of mind.
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April 22, 2024, 04:16:19 AM
 #44

One important rule about investment is that never put all your money in a business no matter how legit it looks. Always invest what you can afford to lose so that if anything goes wrong the blow won't be severe. Unfortunately, people are still making this mistake and when they lose everything they develop serious health challenge or even die because of the shock of starting all over from the crash. We really need to be wise when making financial decisions.


Many people are ignoring and ignoring this golden rule and this is happening most especially in the cryptocurrency market. Many people naively think that bitcoin is a low-risk, but high-reward investment and they invest everything they have in bitcoin. They even think that saving is a waste, they like to invest it all in bitcoin and think that it will make them rich in the upcoming bull season.

There is no denying the potential of bitcoin, but it seems many people are becoming too delusional when relying on stories of getting rich by buying bitcoin 10 years ago. And they are blinded by greed without knowing that the risks they face are not small.

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April 22, 2024, 11:05:55 AM
 #45

One important rule about investment is that never put all your money in a business no matter how legit it looks. Always invest what you can afford to lose so that if anything goes wrong the blow won't be severe. Unfortunately, people are still making this mistake and when they lose everything they develop serious health challenge or even die because of the shock of starting all over from the crash. We really need to be wise when making financial decisions.
That is just it  a lot of individuals are so attracted to how lucrative businesses could be and they are not hesitated to bump in because they are desperate to make profits.

Meanwhile... They fails to make research to even know how legitimate the investment could be as all they want to invest and make the profits. Alongside they could risk going extra miles not just to invest what is affordable Incase of lost but they out of greeds top more of capitals to an already invested funds while they have not secured their first move of capital.

While on the eagerness on chasing these profits, the fails to consider the possibilities of the investment breakdown which can be effective to their health. Quite unfortunate that many has ignored their health and prefer making money while on same cost they losses their funds and also looses their normal state of healths.

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April 23, 2024, 07:20:00 PM
 #46


To be honest, investing made my mental health stronger and even I was able to improve my emotion because I have no control over my investments but I can control the losses that I may incur. But with that, I'm good that I am no longer pressured and feeling emotional when the market is in correction. It's all normal and it's all gonna be okay when you're able to get used to how the market moves and works, a big correction soon might just be a typical day of your portfolio.

Everyone has emotions and one cannot control it but can reduce it to a great extent therefore if you are not familiar with the market and you are doing your first investment then you will be mentally disturbed by watching market fluctuations but once you know that it is a normal part of a market then you will be able to act normal during such circumstances.

There are also lots of individuals who never have control of their emotions so such types of investors cannot benefit and cannot minimize their losses. I think every person should be able to stay calm when the market is not in favor because win and loss are both connected with each other.



 

 

 

 

 

 


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April 23, 2024, 07:47:51 PM
 #47


To be honest, investing made my mental health stronger and even I was able to improve my emotion because I have no control over my investments but I can control the losses that I may incur. But with that, I'm good that I am no longer pressured and feeling emotional when the market is in correction. It's all normal and it's all gonna be okay when you're able to get used to how the market moves and works, a big correction soon might just be a typical day of your portfolio.

Everyone has emotions and one cannot control it but can reduce it to a great extent therefore if you are not familiar with the market and you are doing your first investment then you will be mentally disturbed by watching market fluctuations but once you know that it is a normal part of a market then you will be able to act normal during such circumstances.

There are also lots of individuals who never have control of their emotions so such types of investors cannot benefit and cannot minimize their losses. I think every person should be able to stay calm when the market is not in favor because win and loss are both connected with each other.
Its understandable specially if its our first time on where there would really be those kind of freaking out kind of situations on the time that you have seen your investment is really taking up some negatives
just because you have lacked that kind of experience and awareness on how this market works then those things would really be just that a normal reaction but just as been said that on the time that
you would already be having that kind of experience on such condition then you would really be able to make yourself handle whenever you do be able to experience it again.
It would really be just that normal that there would really be those kind of reactions but just been said on the time that you do have a good grasps on everything then you would really
be more that relaxed in compared on the time that you were just that starting.

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April 23, 2024, 08:01:33 PM
 #48

Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

You know a lot of people that are wealthy and people that are looking for a way to be healthy, they porsue money and neglect the abnormal condition within their body system. You see, the human body you are seeing has a way that it does a self repair but their are some conditions you don't have a choice than to support the self repair with some medications and in some rare condition, you have to replace it and the only way to know about this is proper going for check ups but a number of us ar guilty of this, we don't go for regular check ups.

If you check this forum, we have a lot of people here that are guilty of this as fuck, ask them the last time they went for check up and they will tell you they have no idea but meanwhile they can spend atleast 2 hours here a day when the time with your personal doctor wouldn't exceed an hour unless when you have a vital condition that requires special attention. Health is wealth, we need to take that seriously.

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April 26, 2024, 05:13:58 PM
 #49

One important rule about investment is that never put all your money in a business no matter how legit it looks. Always invest what you can afford to lose so that if anything goes wrong the blow won't be severe. Unfortunately, people are still making this mistake and when they lose everything they develop serious health challenge or even die because of the shock of starting all over from the crash. We really need to be wise when making financial decisions.
  There's a saying which says,  HEALTH IS WEALTH" if you agree with me then, you should have it at the back of your mind that when you have health that is when you can be able to go about your daily activities. when you are not in a good health condition, you can't be able to show much concern on even the money that you gathered. Do you agree with me if i say no amount of money can buy health? And if you don't agree with me then tell me how much you can buy it. maybe in USA, China or England.
You can only say that you pay hospital bill but that doesn't mean you can automatically be healthy after paying it
Financial pressure and stress can sometimes be the catalysts of significant mental health concerns. Our mental health, however, is just as worthy of an investment as our finances are. We should always take into consideration our risk tolerance and capacity for losses before engaging in any investment endeavors. Failure to attend to one’s state of mind may lead to severe repercussions that can even be life-threatening.

You need to be aware that stress and failure associated with investment may lead to the development of heightened anxiety levels, high levels of stress, or even depression. But we must be able to know our own boundaries and take steps that will allow us not only to care for our mental health but also to consider contacting a specialist if necessary.

It is a great lesson from the story you narrated about someone facing mental health problems when they lose their investments, which demonstrates that possessions are not of primary importance but our sound mind is. We must at all costs value our well-being above anything else.
They say if you don't take risk, those who take it will hire you to work for them. But still that doesn't mean if you are taking it you should put all what you have. no.  If you are trying to invest, is good to be careful and also know the kind of business you invest in. Also make sure you think of the other path. That's,while you are thinking of the gains and profits also consider the loosing path as well.
   Some time,most people fall sick due to the financial failures they had. Some even die with this illness.  Some even go bankrupt and never rise again.
Ultegra134
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April 27, 2024, 04:22:43 PM
 #50

Many people are ignoring and ignoring this golden rule and this is happening most especially in the cryptocurrency market. Many people naively think that bitcoin is a low-risk, but high-reward investment and they invest everything they have in bitcoin. They even think that saving is a waste, they like to invest it all in bitcoin and think that it will make them rich in the upcoming bull season.

There is no denying the potential of bitcoin, but it seems many people are becoming too delusional when relying on stories of getting rich by buying bitcoin 10 years ago. And they are blinded by greed without knowing that the risks they face are not small.
That's a great point, and it can actually be seen in this forum quite a lot. When you see newbies's questions on what coin or where to invest, you'll see the generic advice to buy Bitcoin, DCA, and so on, and honestly, I agree. Bitcoin has proven it's a relatively safe investment; however, as expected, it also has its ups and downs. It was a little more than a year ago that Bitcoin had plummeted below $20,000; someone who has gone all-in on Bitcoin because they thought it was a panacea is going to have serious issues keeping their cool.

Unfortunately, we often overlook how important mental health is and the strain financial troubles cause, and investing is no different. I personally suffered it when attempting trading during the second COVID-19 quarantine; it's a subject that is not often discussed on the forum as well.

R


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April 27, 2024, 04:35:38 PM
 #51

Many people are ignoring and ignoring this golden rule and this is happening most especially in the cryptocurrency market. Many people naively think that bitcoin is a low-risk, but high-reward investment and they invest everything they have in bitcoin. They even think that saving is a waste, they like to invest it all in bitcoin and think that it will make them rich in the upcoming bull season.

There is no denying the potential of bitcoin, but it seems many people are becoming too delusional when relying on stories of getting rich by buying bitcoin 10 years ago. And they are blinded by greed without knowing that the risks they face are not small.
That's a great point, and it can actually be seen in this forum quite a lot. When you see newbies's questions on what coin or where to invest, you'll see the generic advice to buy Bitcoin, DCA, and so on, and honestly, I agree. Bitcoin has proven it's a relatively safe investment; however, as expected, it also has its ups and downs. It was a little more than a year ago that Bitcoin had plummeted below $20,000; someone who has gone all-in on Bitcoin because they thought it was a panacea is going to have serious issues keeping their cool.

Unfortunately, we often overlook how important mental health is and the strain financial troubles cause, and investing is no different. I personally suffered it when attempting trading during the second COVID-19 quarantine; it's a subject that is not often discussed on the forum as well.
You would really be able to expect when it comes to this manner on which you would really be able to see those kinds of generic suggestions but you cant blame them if they would really be giving Bitcoin advises.
You cant blame them because when it comes to long term then this is something that will really give out that kind of worthy long wait but of course it will really be that depending on the entry point.
On the time that you are really just that starting with this market and see out your money that decreasing then you would really definitely be having that kind of impression that it might be going to zero.
This is where you would really be cutting your losses on which it would really be that a waste on having that kind of approach.

Its always important on having that consideration that emotion is something that you will be needing to control but since you are noob then lacking of experience
will really be something giving out a toll for you. Mental state would really be strengthen on the time that you would be getting that kind of experience which its a normal condition.
You would really be able to get yourself having that kind of grasps if you are really that preparation.

R


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April 27, 2024, 04:50:01 PM
 #52

Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.
This thread is an important thread to us all not just for the beginners alone. Putting out mental state into consideration is very important when we are about to invest in crypto because of how volatile bitcoin and crypto investments are especially if you are investing heavily on altcoins because altcoins cannot be trusted and there might be a big dump that can affect mental state of mind which is why you need to mentally stable before you invest and you should also avoid FOMO.

R


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Ultegra134
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April 27, 2024, 05:20:57 PM
 #53

You would really be able to expect when it comes to this manner on which you would really be able to see those kinds of generic suggestions but you cant blame them if they would really be giving Bitcoin advises.
You cant blame them because when it comes to long term then this is something that will really give out that kind of worthy long wait but of course it will really be that depending on the entry point.
On the time that you are really just that starting with this market and see out your money that decreasing then you would really definitely be having that kind of impression that it might be going to zero.
This is where you would really be cutting your losses on which it would really be that a waste on having that kind of approach.

Its always important on having that consideration that emotion is something that you will be needing to control but since you are noob then lacking of experience
will really be something giving out a toll for you. Mental state would really be strengthen on the time that you would be getting that kind of experience which its a normal condition.
You would really be able to get yourself having that kind of grasps if you are really that preparation.

Well, acquiring Bitcoin and DCA aren't bad suggestions, but they are indeed generic ones. I mean, the majority of users here who're giving out advice don't take into account how much someone can take mentally, nor can you blame someone for panicking during a market crash, you aren't to blame for someone else's inability to keep their cool during bear markets. I believe we've all experienced such crashes, and while now we may have a completely different approach, as newbies, it was perfectly reasonable to feel frustrated.

Having a cut-loss strategy like you mentioned is essential, especially when dealing with altcoins or actively trading, and this is what most of us fail to do because it's unfortunate to deal with a loss if we fail to put a stop to it when it's at least early.

R


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April 27, 2024, 08:25:33 PM
 #54

You have a good point, most people tend to forget that investment also has its risks and that is also something to take Into considering when investing, you won't cry to anybody that bitcoin crashes or something unforseen happens to bitcoin or any other investment so it is a good thing to invest what you can tolerate to lose. The biggest mistake most people make is to get to optimistic about anything, yeah bitcoin is probably the best investment asset that we have in the world now bit that doesn't mean its immune to life and unforseen events, and this questions the viability of having all your value in one asset especially as an established investor cause nothing is guaranteed.

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April 27, 2024, 09:40:33 PM
 #55

Hal ii will be useful for ourselves in assessing a risk profile so as not to focus on one asset, you need diversified investment and need to have a good money management so that a good source of income so that your investment is in good condition, things that interfere mentally are usually because we cannot accept the fact that what we have is lost, For example, investing in real estate, we use our money to invest in that sector everything is affected by disasters and everything is lost and of course it will make me stressed, this is a simple thing to destroy your mentality, whatever assets we invest in including bitcoin if we have good management will have a bad impact, many people are made crazy by this.

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April 27, 2024, 09:45:57 PM
 #56

I can compare this with gamblers doing gambling when they're not on the right state of mind as they're likely to lose. And the same goes with altcoins investors that they're choosing everything that they see and relies on the hype that these projects does have despite not having a good state of mind. Investing is actually requiring a lot from our mental state and if you're not prepared to take risks, you've already lost your battle towards gaining or getting ROI. There are investors that are too hyper with their investing activities, they don't mind the 'DYOR' suggestion by many because they've just overheard it from someone who have made a lot of money and so, they also want to invest.

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April 27, 2024, 10:47:45 PM
 #57

What did we expect? Mental health has been always overlooked by most often pushing it to the side and saying that it is not real and all we need is a little more determination and motivation but it is not that easy. We need to build perseverance above all especially when we are dealing in high pressure environments.
I think we have come a long way in modern times. There is more of an awareness & acceptance of mental health issues now. There is a slogan, ‘its ok not to be ok’ which I think is a good statement regarding mental health issues. Regarding the statement in the OP though, obviously you shouldn’t make investments & take risks when you are not in a good place mentally, it could have disastrous effects.
You will have difficulty investing when you have health problems, especially mental health problems, in investing there are many decisions that must be taken and considered carefully, wrong decision-making will only have fatal consequences for investing, usually, those who have health problems have a disturbed mind collided so a lot of mistakes happened.

Therefore, take good care of your health, improve your sleep patterns, eating patterns and relaxation patterns, don't overdo your work and don't relax too much, always live in balance, so that your health will be healthy and you can invest in peace and comfort.

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April 27, 2024, 11:24:19 PM
 #58

Hal ii will be useful for ourselves in assessing a risk profile so as not to focus on one asset, you need diversified investment and need to have a good money management so that a good source of income so that your investment is in good condition, things that interfere mentally are usually because we cannot accept the fact that what we have is lost, For example, investing in real estate, we use our money to invest in that sector everything is affected by disasters and everything is lost and of course it will make me stressed, this is a simple thing to destroy your mentality, whatever assets we invest in including bitcoin if we have good management will have a bad impact, many people are made crazy by this.
Considering having investments in several assets, of course this will be able to give us satisfactory profits for us in investing, because if we only have one type of investment then if we cannot make a profit of course we will experience losses and will not be able to make a profit. profit from the investment that we make, in investing of course there will be a risk of loss that we will face and also profit and we must be ready to face if there is a problem with the investment that we carry out and we must be prepared for all the situations that we will face in carrying out the investment , good management of funds in investments will enable us to obtain good profits, because without financial management it will certainly be difficult for us to obtain the profits we get from the investments we make.

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April 28, 2024, 06:29:29 AM
 #59

One important rule about investment is that never put all your money in a business no matter how legit it looks. Always invest what you can afford to lose so that if anything goes wrong the blow won't be severe. Unfortunately, people are still making this mistake and when they lose everything they develop serious health challenge or even die because of the shock of starting all over from the crash. We really need to be wise when making financial decisions.

That's right, because investing all your money in an investment is clearly too risky, because after all, investment is a place that is not only about the opportunity to make a profit, but the opportunity for profit will always run simultaneously with the possibility of loss which means you can experience losing money in any amount. . And on the other hand, I am sure that someone who puts all their money into investments is someone who doesn't really understand the world of investment, it seems like they don't know that the market has a fluctuating nature that can make them experience losses, and this is the reason why we are always advised to just put an amount that we can account for, it doesn't matter if the amount is small because our goal is to achieve profits in the future, namely 10 - 15 years, so it's better for us to only put a small amount that we can account for, along with maintaining consistent allocation of investments in the long term , it doesn't matter even if it's small because if your accumulation runs in the long term then the profits will definitely be good and this is the best approach or idea to keep your psychology calm and also give you a path to a brighter future.

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April 28, 2024, 07:39:00 AM
 #60

(...)Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

Perhaps we all have to go through different things to see what we are looking for, from money, health, time, family,... they all have connections to each other. together. And for me, there is a sense of balance for everything, because I have also faced situations where I only focused on working to make money, and realized that I was no different from tools and money like a king control us. I knew I needed to return to life with many other good things, there was no pressure to favor one thing at all, the key thing was balance in life.









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April 28, 2024, 09:14:35 AM
 #61

You have a good point, most people tend to forget that investment also has its risks and that is also something to take Into considering when investing, you won't cry to anybody that bitcoin crashes or something unforseen happens to bitcoin or any other investment so it is a good thing to invest what you can tolerate to lose. The biggest mistake most people make is to get to optimistic about anything, yeah bitcoin is probably the best investment asset that we have in the world now bit that doesn't mean its immune to life and unforseen events, and this questions the viability of having all your value in one asset especially as an established investor cause nothing is guaranteed.

Established investors are investors who are quite immune to risk and also with various of the best investment assets in the world so that they never worry about risk because they already understood it before they became established investors. So when you still see investors who are worried about the risks when investing and still use the wrong money when investing, it means you are looking at investors who are not established. So you have to tell them how to invest better and correctly so that they don't immediately cry when they have to face the risk of price corrections starting to arrive in the market for the assets they invested in.

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April 28, 2024, 11:13:54 AM
 #62

Hal ii will be useful for ourselves in assessing a risk profile so as not to focus on one asset, you need diversified investment and need to have a good money management so that a good source of income so that your investment is in good condition, things that interfere mentally are usually because we cannot accept the fact that what we have is lost, For example, investing in real estate, we use our money to invest in that sector everything is affected by disasters and everything is lost and of course it will make me stressed, this is a simple thing to destroy your mentality, whatever assets we invest in including bitcoin if we have good management will have a bad impact, many people are made crazy by this.
Considering having investments in several assets, of course this will be able to give us satisfactory profits for us in investing, because if we only have one type of investment then if we cannot make a profit of course we will experience losses and will not be able to make a profit. profit from the investment that we make, in investing of course there will be a risk of loss that we will face and also profit and we must be ready to face if there is a problem with the investment that we carry out and we must be prepared for all the situations that we will face in carrying out the investment , good management of funds in investments will enable us to obtain good profits, because without financial management it will certainly be difficult for us to obtain the profits we get from the investments we make.
Well that, therefore diversification is very important in building an investment portfolio, because it is indeed a net investment to benefit from an investment, focusing on one asset whatever it is8 the investment will be very dangerous for our investment funds, always manage well the investment funds and future investment plans so that our mentality can be neatly arranged, mental attacks are easier to attack us and will be very dangerous for mental health if something happens.

In the financial world this is very sensitive so make sure whatever the risk we need to consider and prepare how to anticipate it.

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April 28, 2024, 11:38:44 AM
 #63

One important rule about investment is that never put all your money in a business no matter how legit it looks. Always invest what you can afford to lose so that if anything goes wrong the blow won't be severe. Unfortunately, people are still making this mistake and when they lose everything they develop serious health challenge or even die because of the shock of starting all over from the crash. We really need to be wise when making financial decisions.

Yes exactly one should not use his own savings in just one business or investment as sometimes there arises risk and business gets drops so all your money will be lost therefore try to use little or according to your affordability. Some people want to use who amounts to earn more because they have heard that the more you invest the more you will earn but they forget that the more they use the more they will lose too.

We should take suggestions from an experienced individual about finance because we don't have experience then we will surely fall into wrong strategies. Business ideas should be taken from lots of experts and then accept the idea obtained from their mixture.



 

 

 

 

 

 


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April 28, 2024, 12:31:07 PM
 #64

One important rule about investment is that never put all your money in a business no matter how legit it looks. Always invest what you can afford to lose so that if anything goes wrong the blow won't be severe. Unfortunately, people are still making this mistake and when they lose everything they develop serious health challenge or even die because of the shock of starting all over from the crash. We really need to be wise when making financial decisions.

That's right, because investing all your money in an investment is clearly too risky, because after all, investment is a place that is not only about the opportunity to make a profit, but the opportunity for profit will always run simultaneously with the possibility of loss which means you can experience losing money in any amount. . And on the other hand, I am sure that someone who puts all their money into investments is someone who doesn't really understand the world of investment, it seems like they don't know that the market has a fluctuating nature that can make them experience losses, and this is the reason why we are always advised to just put an amount that we can account for, it doesn't matter if the amount is small because our goal is to achieve profits in the future, namely 10 - 15 years, so it's better for us to only put a small amount that we can account for, along with maintaining consistent allocation of investments in the long term , it doesn't matter even if it's small because if your accumulation runs in the long term then the profits will definitely be good and this is the best approach or idea to keep your psychology calm and also give you a path to a brighter future.
It's crazy in the markets; one minute you're flying high and the next you're eating dirt. Fearlessly risking everything is not smart investment; it's gambling. People who are really interested in getting rich and free play the long game. A little here and a little there, over time, with investments they can stand to lose.

Although not hot, it's the truth. That's the real magic of compound interest: it grows over time. First you have to build the base, then you can let it grow. You should stay in the fight instead of taking a risky swing that could knock you out. The point is to be smart, win money, and not stress out too much about it, right?

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April 28, 2024, 02:20:20 PM
 #65

Yes exactly one should not use his own savings in just one business or investment as sometimes there arises risk and business gets drops so all your money will be lost therefore try to use little or according to your affordability. Some people want to use who amounts to earn more because they have heard that the more you invest the more you will earn but they forget that the more they use the more they will lose too.

We should take suggestions from an experienced individual about finance because we don't have experience then we will surely fall into wrong strategies. Business ideas should be taken from lots of experts and then accept the idea obtained from their mixture.

Not only that, in my opinion, when we use all the money for business or investment, it is clear that we may not have reserve funds or emergency funds, but this needs to be taken into account. because of course, if we use all our savings to do business, it seems like it will make things difficult for us at the start, as you said, with the emergence of risks or unexpected things happening like a downturn, then that will make it difficult for us, it's better to just use some of the money, and still save some money for daily needs.

If you really want to do something that is related to losses and profits then you have to pay attention to the steps, don't take action but don't consider it in the future, which could be detrimental to us because there was no consideration at the start. Your suggestion can be implemented, by taking lessons from people who have long experience, maybe it can help them to avoid losses. and don't just prioritize the things you do, we have to be able to balance everything well.

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April 28, 2024, 04:04:18 PM
 #66

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.

While I have also attended several business conventional concerts, there had been this health wise guide orientations that health is also wealth so we should always consider our healths while we are Investing our funds at the course of chasing incomes to secure wealthiness.

This is not just about setting up emergency budgets for healthcares such as when  we are down with the common illnesses such as Headaches, Mononucleosis, conjunctivitis, Diarrheas, Stomach aches and so forth which are most considered health wise.
If we ignore to consider investing what we can afford to loose, we could eventually be negatively affected on our mental faculties which we may never had expected it coming.
There is every possibilities of an investor to go psycho when looses beyond the capacity that their mental health could accept.
Failure to put this as concern and during investment we looses above our limits, we could be at every tendencies to be exposed to heart attacks or mental disorderliness as a matter of unbearable and dispersant shocks.

Sometimes ago, I reached out to my sisters husband on the phone and he sounded so frustrated and strange, while still on the phone, he cut off the call on me and I called severally he ignored the calls.
After some times I called on his wife to express the displeasure of her husband on me and she also said her husband has be acting strange some times now which I make out time and catch up with him as a friend I assumed he is to me.
Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.


Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

Many people have been convinced to believe that the higher risks they take, the higher the ROI they'll get. This fact is not wrong though, but before you take any step that involves money, you ask yourself how you would feel if you lose all that money (you have to be honest with yourself here) because in every business, losses are inevitable no matter how small or insignificant. The only way we can ensure our safety while investing is by  investing only amounts we can afford to lose. You can't really tell how capable you are to bear a huge loss until such a tragedy hits you hard. To avoid putting your mental health at risk, watch how much you invest. You can increase the amount you invest as your income increases.

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April 28, 2024, 07:38:45 PM
 #67

Investments offer quite high profits, especially if you invest in short-term investments, but this is balanced by the risks and losses faced, where you could lose the money in just a few moments. Yes, it is a bit more similar to gambling, and if you have a weak mentality, then I do not recommend you invest there, and even if you want to try it, for the first time you will have to invest the money you have. in the amount you are prepared to lose. Invest with the little money you have, this is good for training your mentality in taking risks.

And if you don't have enough courage to take short-term investments, but you still want to make a profit, then you can choose long-term investments, even though the profits you get are not too big, but these profits can last in the long term.

Both short and long term investments have the risk of experiencing losses, it's just the level of loss that makes the difference. And we have to be ready for that.

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April 28, 2024, 09:18:13 PM
 #68

I so much like this topic because some people does not know that investment is all about risk and if you are not healthy enough you cannot be able to withstand the pressure that come from day disadvantages aspect of investment sometimes when investment goes wrong and it will happen to someone who is not a heavy enough to control the loss that manifest for the business the person can die as a result of depression that is why he need to be health okay before you inventure into a business

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April 29, 2024, 04:36:56 PM
 #69

Can't stress enough just how important it is for people to have level-headed temperament when you're investing.

You can't go in and invest on shit when you have a lot of stuff at your plate you would need to deal with first, especially if it's got something to do with your current mental stature, affected by your financial situation. Stave off the wound first and then go back to bettering your financial state.

Bitcoin's not going anywhere, Ethereum will stay ethereum until the heat death of the universe, rushing into things is going to cause you even more unprecedented issues if you keep at it, so might as well just focus on stuff that is at hand first, and then go back to your investing journey once you're at a state wherein you're able to deal with it full focus.

As much as people would hate to admit it, doors open and close all the time, yes you would have to time it out but it doesn't mean you need to watch every door that opens just so you can get in. Be smarter, and take care of yourself first before you go out here investing money you could've otherwise used to better yourself.

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April 29, 2024, 04:56:10 PM
 #70

Can't stress enough just how important it is for people to have level-headed temperament when you're investing.

You can't go in and invest on shit when you have a lot of stuff at your plate you would need to deal with first, especially if it's got something to do with your current mental stature, affected by your financial situation. Stave off the wound first and then go back to bettering your financial state.

Bitcoin's not going anywhere, Ethereum will stay ethereum until the heat death of the universe, rushing into things is going to cause you even more unprecedented issues if you keep at it, so might as well just focus on stuff that is at hand first, and then go back to your investing journey once you're at a state wherein you're able to deal with it full focus.

As much as people would hate to admit it, doors open and close all the time, yes you would have to time it out but it doesn't mean you need to watch every door that opens just so you can get in. Be smarter, and take care of yourself first before you go out here investing money you could've otherwise used to better yourself.
I like what you said, and that is at least how one should act when wanting to invest again. Complete the challenges in an orderly manner one by one, while gathering the latest information and learning to adapt again, when you are truly ready then that is the right time to invest. It is true that problems and challenges never end, but mental readiness to continue fighting and gain profits is also an important point, don't prioritize wealth over health itself.

As normal humans, it is very difficult to solve problems at the same time, despite our ambition to pursue profits in investing. It can clearly be disruptive, and I really agree that opportunities will always be there, it's important that we prepare ourselves first. Making decisions at the wrong time will have a negative impact on our other goals, it is appropriate to resolve existing problems before planning to do anything else.

I think, investing in Bitcoin or other coins when finances are in trouble will increase the risk, and will make someone burdened all the time if the price goes down. Of course it will directly affect a person mental state, and can have fatal consequences for other plans.

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April 29, 2024, 05:40:17 PM
 #71

Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

In whatever we do, mental health and physical wellness should be taken with high priority and shouldn’t be something to settle less for. A lot of people have lost their sanity all in the name of looking for a means of survival or trying to expand their outreach I.E their source of wealth.

It’s very important to know what you should look after first now that will make you achieve what you want in the long run. If your health is not taken care of currently, you’ll get the wealth but you’ll spend all of them treating yourself and trying to get back your healthiness where in the real sense they cannot be gotten back and would have been lost forever at that point.

When trying to expand your source of income, put into consideration the risk involved and only take the one wish you can withstand because some loss in search of wealth can bring you down forever and leave you paralysed financially which will of course affect the mental health.

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April 29, 2024, 08:52:43 PM
 #72

Mental health is very important that we have to put into consideration, especially when we come to investing in crypto. This mentality is the first thing that we have to observe since we all know that crypto investment is very dangerous, and if we don't maintain our mentality and allow them to join together, it won't be easy for you as an investor. But some people do not understand that, and even those who do comprehend it well always take it as a guarantee, which is why they definitely make wrong decisions when they come to invest in any coins, which leads some people to lose their sanity.

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April 29, 2024, 11:10:00 PM
 #73

Most persons often tend to forget the risk associated with investment and no matter how promising an asset or business or stock may seem they is also a possibility of it to crash or not provide any profit for you, so in a case like this it's necessary to be smart about investment and not to over invest more than you can afford to lose or more than you can tolerance the risk of losing them all.

While some might say if you don't take risk then you would have no reward, and that is true but we must draw a line between taking good risks and bad risk, what is at stake if this investment doesn't go well, would I be losing a fortune and asking questions like this to yourself isn't bad cause it brings clarity to the picture, invest only what you can afford to lose, no one got rich out of been stupid or nonchalant in his dealings.

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April 30, 2024, 10:46:26 AM
 #74

Most persons often tend to forget the risk associated with investment and no matter how promising an asset or business or stock may seem they is also a possibility of it to crash or not provide any profit for you, so in a case like this it's necessary to be smart about investment and not to over invest more than you can afford to lose or more than you can tolerance the risk of losing them all.

It's really up to the investors though, maybe in the beginning we don't know the risk and we are disappointed by it because of the profits that we are getting is not what as we expected or even we are losing money. Nevertheless, as we go along and matured and learn, then hopefully we can see how the market is going to move and then mitigate the risk involved.

While some might say if you don't take risk then you would have no reward, and that is true but we must draw a line between taking good risks and bad risk, what is at stake if this investment doesn't go well, would I be losing a fortune and asking questions like this to yourself isn't bad cause it brings clarity to the picture, invest only what you can afford to lose, no one got rich out of been stupid or nonchalant in his dealings.

Again, it all boils down to experience and how mature the investor are. If they think like in this market, it's a get rich quick scheme then that is wrong mentality and obviously they are not going to make money as they might want to get out, so that is bad investment. But if they learn or at least willing to give it a shot because quitting and open their minds to the what if of the market, then I think they can stay here and realized the profits this bull run.

R


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April 30, 2024, 12:50:04 PM
 #75

Not a lot of people realize this but investing requires a crazy amount of focus and determination.

You can not start investing with your mind all over the place. You need to gather your wits, create plans appropriately and make decisions under pressure. You have to be able to stand your own ground whenever there is talk around you. It is fomo you have to deal with alongside fud.

Moreover it doesn’t stop there because whenever something goes wrong, you also need to be able to bounce back from that and do what is right to save as much as you can.
I agree with you that if we are going to start investing anywhere, we have to know it first before buying it and we have to think clearly with our logic, If we understand it and know the risks in investing then we can determine what we will invest.

Of course, investing is not always smooth in choosing an asset. If you fail, don't give up, keep getting up and let the failures we experience at that time be lessons for us to improve on, in essence the best teachers are the failures we face to look at a brighter future.


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April 30, 2024, 02:52:46 PM
 #76

Whatever you stated is all common sense op. However, most people invest without thinking about their mental health for even a second thanks to their desperation to earn more money as soon as possible.

The ones who wisely consider their mental health when making big financial decisions are part of the minority based on what I observed.

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May 03, 2024, 12:43:32 PM
 #77

Whatever you stated is all common sense op. However, most people invest without thinking about their mental health for even a second thanks to their desperation to earn more money as soon as possible.

The ones who wisely consider their mental health when making big financial decisions are part of the minority based on what I observed.
Even though it still seems to be a minority of what you have seen so far, I think as long as it doesn't harm any investor's mental health more, there is no problem for them to continue investing. Because over time this will also be taken into consideration when every investor gets used to investing in assets that they consider quite good so far, although I also agree more with what you said. Because it will also help them more when they consider their own mental health when investing in anything.

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May 03, 2024, 09:18:27 PM
 #78

Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

You will see how wealthy men go to check up on their BP every week and also check for Hepatitis B and you will wonder why rich men get all this sickness, but when I brainstorm about life, I just think they were busy doing things that will make them healthy and forget about taking time for their health until it become so critical before they go for check ups and it alwsys late. It surprised me that you hardly see a poor person with cancer though, it's really astonishing.

Either poor or rich, invest in hour health. Take time to exercise and take time and go for check up. If you have a surgery and the doctor advice you to do it, the earlier the better don't wait till you are old because the chance of survival is always low and lastly, please enjoy your wealth because you don't know when you might die, we only live once.

R


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May 03, 2024, 09:28:14 PM
 #79

Whatever you stated is all common sense op. However, most people invest without thinking about their mental health for even a second thanks to their desperation to earn more money as soon as possible.

The ones who wisely consider their mental health when making big financial decisions are part of the minority based on what I observed.
Many are too focus about the money side and forget this part when it comes to investing as if they are more confident about what they are doing without doing any big effort to analyze the situation. Having a good mental health can bring you into a better place and help you decide not just in investing but also in your everyday living. Investing can be very stressful and if you allow such stress to cover your brain then that could be a for your investing decisions, again we also have to learn to control our emotions and be more wise.

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May 04, 2024, 08:08:59 AM
 #80

I so much like this topic because some people does not know that investment is all about risk and if you are not healthy enough you cannot be able to withstand the pressure that come from day disadvantages aspect of investment sometimes when investment goes wrong and it will happen to someone who is not a heavy enough to control the loss that manifest for the business the person can die as a result of depression that is why he need to be health okay before you inventure into a business

Likewise me, am very much interested in this topic because with the nature people go about their businesses without giving attention to their health is very dangerous, so many people all over the world today are just so interested in making money and nothing else even when their body system isn't sound enough but yet they ignore it and stress the brain so much that it affects the whole body and most of the cases of cardiac arrest is due to stress that is encountered by the brain. Some people don't even have time for their selves anymore because as they sleep and wake up their mindset is focused on making money thereby not giving their health priority.

It is important to note that no matter how wealthy you become from your investments and you don't have a good health, it will affect you both physically and mentally such that there will be time when you may break down totally and will be difficult to help yourself at that point. Even as we're seeking for a wealthy living let's give our health utmost priorities.

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May 04, 2024, 08:52:31 AM
 #81

I so much like this topic because some people does not know that investment is all about risk and if you are not healthy enough you cannot be able to withstand the pressure that come from day disadvantages aspect of investment sometimes when investment goes wrong and it will happen to someone who is not a heavy enough to control the loss that manifest for the business the person can die as a result of depression that is why he need to be health okay before you inventure into a business

Likewise me, am very much interested in this topic because with the nature people go about their businesses without giving attention to their health is very dangerous, so many people all over the world today are just so interested in making money and nothing else even when their body system isn't sound enough but yet they ignore it and stress the brain so much that it affects the whole body and most of the cases of cardiac arrest is due to stress that is encountered by the brain. Some people don't even have time for their selves anymore because as they sleep and wake up their mindset is focused on making money thereby not giving their health priority.

It is important to note that no matter how wealthy you become from your investments and you don't have a good health, it will affect you both physically and mentally such that there will be time when you may break down totally and will be difficult to help yourself at that point. Even as we're seeking for a wealthy living let's give our health utmost priorities.

It is necessary to have the psychology to handle this situation when investments go wrong. Otherwise, it may be necessary to deal with bigger problems. Investment always involves risk, so it is unreasonable to consider investment independent of risk.

When you are only interested in making money, you may have overlooked many things. Doing so will lead to mistakes and negative health consequences. Everything has its own order, so markets also have their own order and risk. Acting with awareness of this risk and order, that is, the functioning, always leads to taking stronger steps.

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May 04, 2024, 09:22:54 AM
 #82

Whatever you stated is all common sense op. However, most people invest without thinking about their mental health for even a second thanks to their desperation to earn more money as soon as possible.

The ones who wisely consider their mental health when making big financial decisions are part of the minority based on what I observed.
Not going to say you're wrong but those desperate people in my opinion are quiet a few in between, there's not a lot of them over the years, maybe when bitcoin first started pumping in price, it was the case but now at the present times? I don't think that's the case anymore, people have learned and they know exactly that there's risk involved in investments, the people that are desperate for money have stopped coming to invest because they don't want to make the same mistake again, they're the people that have been slandering bitcoin as a dud and the same people that will hear about their misfortune with bitcoin that have the same mindset as them wouldn't even step foot into bitcoin investing in the the first place.



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May 04, 2024, 10:51:03 AM
 #83

This is true because we are dealing with something that is filled with stress, at least for most people and that is why it is not that easy to make sure that you could just stay calm while you need to stay calm. If you are going through some rough part of your life then trading on top of that could cause you to have bad reactions to some mistakes and cause you to make even bigger mistakes as well resulting with you making even bigger loss too, which is why it is understandable that people need to feel better before they could start trading.

I personally also suggest that if the stress becomes too big, then taking a break also helps as well. You do not have to be going through a rough time, if trading becomes a chore and not something you enjoy doing then you better end up taking a break.

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May 04, 2024, 02:21:22 PM
 #84

This is true because we are dealing with something that is filled with stress, at least for most people and that is why it is not that easy to make sure that you could just stay calm while you need to stay calm. If you are going through some rough part of your life then trading on top of that could cause you to have bad reactions to some mistakes and cause you to make even bigger mistakes as well resulting with you making even bigger loss too, which is why it is understandable that people need to feel better before they could start trading.

I personally also suggest that if the stress becomes too big, then taking a break also helps as well. You do not have to be going through a rough time, if trading becomes a chore and not something you enjoy doing then you better end up taking a break.

Of course, all things related to profits or losses which essentially involve finances can make us stressed if we ourselves are wrong from the start, when they experience losses or lose money and when they cannot accept it, it is very possible that it can be stressful. If you are experiencing or experiencing problems in life, it is best not to trade, because confused thinking can make us take actions that are not considered, possibly taking careless actions that can ultimately harm ourselves.

If we are indeed experiencing a problem then what we have to do is rest and think about a way out of the problem that is occurring. it is impossible to continue what is being done, especially if our condition is not well, it could possibly cause us to experience more serious problems.

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May 04, 2024, 02:41:01 PM
 #85


Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.
When it comes to investment then this is something that you should really be having in mind is to consider out that on investing on the amount on which you can afford to lose. Expect the unexpected because this market is always been that unpredictable. We do know that investment comes on different forms or types but in overall we do really be still considering that risks involved would be there.
When we do speak about mental state then its something that would really be recommended that having that control not only with your mind but also with your emotions.
Just dont make yourself that in rush because you would really be having that potential problems.

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May 04, 2024, 02:44:11 PM
 #86

Health can never be overestimated. Unfortunately, mental health is overlooked. When people experience a loss from a financial investment, they usually just deal with it in their own, nobody really thinks of the fact that it can affect them mentally.
That we why we have to always advise that people should invest what won't wreck them if they lose.
Investments are risky, and some are even more riskier and more volitile than the other. We have to take our health seriously.

Asides from that, some people prefer to save and invest instead of taking care of themselves. I know that saving and investing is good but also take care of yourself. Eat healthy and exercise. What's the point of having savings if you're not healthy enough to spend it? A vacation does a lot in refreshing your body. If you have the money plan for it. Find ways to be happy. Don't just put all your money in savings or investment while you can't take care of yourself.
When one turns to be more greedy with money, that’s where ignoring of mental health might also takes place. This really happens to a lot of individuals, it’s like they find it hard to balance their mental health and financial health aspects. While health is wealth, but for them the real wealth is having to gain multiple profits from different investments, and that’s where mental health becomes at risk. Not realizing that if one fails in his mental and emotional aspects, one will certainly not succeed in all his wealth attempts.
This is really what will happen if we are not taking mental health into consideration when it comes to dealing with investments because these two should come alongside each other. Greediness is one of the most common factor that destroy ones goal just because of indiscriminate or undisciplined mindset in accumulating owns wealth. As we can see around us here in this crypto community that no doubt if we are not mentally fit we will be making stupid and wrong decisions in all that.



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May 04, 2024, 03:17:02 PM
 #87

This is true because we are dealing with something that is filled with stress, at least for most people and that is why it is not that easy to make sure that you could just stay calm while you need to stay calm. If you are going through some rough part of your life then trading on top of that could cause you to have bad reactions to some mistakes and cause you to make even bigger mistakes as well resulting with you making even bigger loss too, which is why it is understandable that people need to feel better before they could start trading.

I personally also suggest that if the stress becomes too big, then taking a break also helps as well. You do not have to be going through a rough time, if trading becomes a chore and not something you enjoy doing then you better end up taking a break.
While trading can be highly profitable and can help us achieve financial success, but know that it has also a lot of risks that any beginner trader may find it hard to overcome. So if that’s the case, that would mean putting your mental and emotional state at risk.

This is the reason why one should not trade or invest if he is not good and capable enough to manage his emotions and mental state. Otherwise, he’ll end up with mental and emotional distress that could lead to personal breakdown due to his own greed and personal interest.

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May 04, 2024, 04:11:13 PM
 #88

There is nothing above physical and mental health. One's own well-being is above all. If one falls ill, all his wealth, money, becomes worthless.  Therefore, you should be aware of your health before investing and earning.  Health should be taken care of. And invest as much as you can accept loss. Otherwise your mental health will deteriorate along with your physical health.


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May 04, 2024, 04:16:34 PM
 #89

The subject about mental health has been a taboo subject to discuss until very recently, we still actually not that advanced in terms of analysis and diagnosis of mental health talking from experience who visits them once in a while. But it's essential cause not just physical health isn't what being healthy about. On the other hand maintaining good physical health can get rid of all the mental stress and other common things that we may go through everyday.









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May 04, 2024, 11:59:17 PM
 #90

I agree very much that we should also consider our mental health. There are people who are built in a way that they can take any losses or any frustration that investments, etc bring their way. However, there are people who would feel like killing themselves over a loss or something. So I think we should check who we are and know what we can afford to lose so we don’t get into trouble we can bear on our insides.



 

 

 

 

 

 


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May 05, 2024, 02:21:00 AM
 #91

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.
Majority of people don't know that anything that has to do with the mind can make someone become mentally unstable because investments are associated with too many risk of which when making investments your mental health needs to be checked to know if you can be able to withstand the pressure in a case of losses. Investment is not for the weak minded, if you can't bear the risk then no need giving it a trial.

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May 05, 2024, 04:31:23 AM
 #92

Whatever you stated is all common sense op. However, most people invest without thinking about their mental health for even a second thanks to their desperation to earn more money as soon as possible.

The ones who wisely consider their mental health when making big financial decisions are part of the minority based on what I observed.
Not going to say you're wrong but those desperate people in my opinion are quiet a few in between, there's not a lot of them over the years, maybe when bitcoin first started pumping in price, it was the case but now at the present times? I don't think that's the case anymore, people have learned and they know exactly that there's risk involved in investments, the people that are desperate for money have stopped coming to invest because they don't want to make the same mistake again, they're the people that have been slandering bitcoin as a dud and the same people that will hear about their misfortune with bitcoin that have the same mindset as them wouldn't even step foot into bitcoin investing in the the first place.
I think it's quite obvious that people who are desperate for money, should not be risking their money things that they can't wait for a while. I mean this is a long term investment and not short term solution, if you have some debt in your name and you want to pay it, go and getting some memecoin for example for a quick gain, would only end up losing you what you have as well. This is why I believe that we need to be careful with what we do, and that should be the most important thing.

I believe that we are not going to end up with anything marginal, just realize that we are going to end up with poor people making poor decisions, and that is why there are many desperate people who do the wrong thing and look for short term quick gains.

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May 05, 2024, 06:10:45 AM
 #93

Investing is very risky, but without investment one cannot expect success in life. The history of growing up with risk can be understood from the lives of big businessmen or millionaires of the world. However, investment should be considered if the demand for the product is high or the business is time-sensitive. I am working on a product that has no customer acceptance or is backdated. There is no profit in investing there. If you invest according to demand, you can expect something good two days before or two days later. I know a person who invested a lot of money in a platform but it crashed after few days of investment. Gentleman's portfolio is decreasing day by day. I thought he would break down mentally but his risk taking mentality is very strong and he was very patient. But it is true that business is based on assumptions and here failures can happen. If you think about failure and stop investing, the door to success in life will be closed. One day success will come from failure. But for this you must be strong minded and physically fit to accept whatever the situation may be.
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May 05, 2024, 07:12:15 AM
 #94

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.

While I have also attended several business conventional concerts, there had been this health wise guide orientations that health is also wealth so we should always consider our healths while we are Investing our funds at the course of chasing incomes to secure wealthiness.

This is not just about setting up emergency budgets for healthcares such as when  we are down with the common illnesses such as Headaches, Mononucleosis, conjunctivitis, Diarrheas, Stomach aches and so forth which are most considered health wise.
If we ignore to consider investing what we can afford to loose, we could eventually be negatively affected on our mental faculties which we may never had expected it coming.
There is every possibilities of an investor to go psycho when looses beyond the capacity that their mental health could accept.
Failure to put this as concern and during investment we looses above our limits, we could be at every tendencies to be exposed to heart attacks or mental disorderliness as a matter of unbearable and dispersant shocks.

Sometimes ago, I reached out to my sisters husband on the phone and he sounded so frustrated and strange, while still on the phone, he cut off the call on me and I called severally he ignored the calls.
After some times I called on his wife to express the displeasure of her husband on me and she also said her husband has be acting strange some times now which I make out time and catch up with him as a friend I assumed he is to me.
Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.


Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.
I think that's the most powerful side effect of businesses that you have to manage many things while you're doing your own business. In 9 to 5 job you are working as a worker for someone's business so you don't have any worries of its profits and losses.

But taking tension is not always negative because it'll come out much richer for your when you'll do it in the right direction.Maintain a balance between your health and business.

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May 05, 2024, 07:26:33 AM
 #95

I realise that opportunities do not come as often as possible and are not like what is analysed, online or offline businesses are the same because they use real money for operations and service availability, human nature is not always enough and wishful thinking when carrying a little capital and not ready when bitter conditions come with large capital, these two conditions in my opinion are too self-blame which the essence of investing in pleasure is lost. If the money is cold and it is ours without borrowing from others, I think we can still mentally maintain and be calm. I agree that not over-expecting especially with speculation is the right lagkah, take 5-10% every time take profit weekly or 0.5-3% per day for me is very possible especially if in bitcoin. What makes someone unable to accept reality is when there are other and urgent needs while the investment has not recovered. I prefer to use my cigarette money for investment rather than borrowing or using money that is not fully flexible.









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May 05, 2024, 09:25:45 AM
 #96

Majority of people don't know that anything that has to do with the mind can make someone become mentally unstable because investments are associated with too many risk of which when making investments your mental health needs to be checked to know if you can be able to withstand the pressure in a case of losses. Investment is not for the weak minded, if you can't bear the risk then no need giving it a trial.

Actually they don't know how to handle their source of income and how to choose the investment opportunities therefore they become mentally disturbed when they see that their investment is going to fail to make them wealthy. If a person is mentally prepared then he can overcome the risks that are must present in any investment opportunities but if he is not mentally active then risk becomes double for him.

You should be mentally prepared that loss can also occur and you have to tolerate it but if you cannot bear the risk and your loss then you will not maintain your investment with care and all of your decisions will be based on the wrong concept and emotions.



 

 

 

 

 

 


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May 05, 2024, 10:18:58 AM
 #97

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.

While I have also attended several business conventional concerts, there had been this health wise guide orientations that health is also wealth so we should always consider our healths while we are Investing our funds at the course of chasing incomes to secure wealthiness.

This is not just about setting up emergency budgets for healthcares such as when  we are down with the common illnesses such as Headaches, Mononucleosis, conjunctivitis, Diarrheas, Stomach aches and so forth which are most considered health wise.
If we ignore to consider investing what we can afford to loose, we could eventually be negatively affected on our mental faculties which we may never had expected it coming.
There is every possibilities of an investor to go psycho when looses beyond the capacity that their mental health could accept.
Failure to put this as concern and during investment we looses above our limits, we could be at every tendencies to be exposed to heart attacks or mental disorderliness as a matter of unbearable and dispersant shocks.

Sometimes ago, I reached out to my sisters husband on the phone and he sounded so frustrated and strange, while still on the phone, he cut off the call on me and I called severally he ignored the calls.
After some times I called on his wife to express the displeasure of her husband on me and she also said her husband has be acting strange some times now which I make out time and catch up with him as a friend I assumed he is to me.
Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.


Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.
I often tell my acquaintances that it is not right to earn money in such a way that our health deteriorates. Oh, with that earned money to restore that lost health. Then it appears that we have nothing but harassment. So what we can do is plan our work which will include all health activities. Also we will be grateful to our Creator for all we what have achieved.

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May 05, 2024, 10:20:48 AM
 #98

I realise that opportunities do not come as often as possible and are not like what is analysed, online or offline businesses are the same because they use real money for operations and service availability, human nature is not always enough and wishful thinking when carrying a little capital and not ready when bitter conditions come with large capital, these two conditions in my opinion are too self-blame which the essence of investing in pleasure is lost. If the money is cold and it is ours without borrowing from others, I think we can still mentally maintain and be calm. I agree that not over-expecting especially with speculation is the right lagkah, take 5-10% every time take profit weekly or 0.5-3% per day for me is very possible especially if in bitcoin. What makes someone unable to accept reality is when there are other and urgent needs while the investment has not recovered. I prefer to use my cigarette money for investment rather than borrowing or using money that is not fully flexible.
The honeymoon is over; now it's all about the long game, right? Investors focus on facts and reality, not excitement.  That "cigarette money" mindset? That's brilliant. It shows you're in it long-term and betting what you can afford to lose. Take profits steadily, weekly or daily? Strong, especially with Bitcoin going nuts. But life may kick you in the teeth, right? An unexpected car breakdown makes investment money appealing. There, things go wrong. Thinking straight is crucial. This "don't over-expect" mindset is great. Using this as a casino will result in losing the house and your stake. Keep it small, play the long game, and you may prosper

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May 05, 2024, 12:56:40 PM
 #99

There is nothing above physical and mental health. One's own well-being is above all. If one falls ill, all his wealth, money, becomes worthless.  Therefore, you should be aware of your health before investing and earning.  Health should be taken care of. And invest as much as you can accept loss. Otherwise your mental health will deteriorate along with your physical health.

I can understand what you are saying, but for some reasons we also need to see that people who are sick can also invest with money that they have specifically provided for investment. Because I have seen someone who always reserves his money for health and also for daily use, so he always separates his investment money from the spare money he saves for other things so that it doesn't interfere with his own investment activities.

That's why each of us needs to plan the things we want to do in the long term, because if everything can be hindered by illness it will certainly be a bit troublesome. Because investing is something that is quite easy to do as long as we have special capital that we use for it and we ourselves will not have difficulty when market conditions start to get worse. Because long-term investment is very different from short-term trading, we always have to check the price of the assets we buy every day.

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May 08, 2024, 10:01:38 AM
 #100

There is nothing above physical and mental health. One's own well-being is above all. If one falls ill, all his wealth, money, becomes worthless.  Therefore, you should be aware of your health before investing and earning.  Health should be taken care of. And invest as much as you can accept loss. Otherwise your mental health will deteriorate along with your physical health.

I can understand what you are saying, but for some reasons we also need to see that people who are sick can also invest with money that they have specifically provided for investment. Because I have seen someone who always reserves his money for health and also for daily use, so he always separates his investment money from the spare money he saves for other things so that it doesn't interfere with his own investment activities.

That's why each of us needs to plan the things we want to do in the long term, because if everything can be hindered by illness it will certainly be a bit troublesome. Because investing is something that is quite easy to do as long as we have special capital that we use for it and we ourselves will not have difficulty when market conditions start to get worse. Because long-term investment is very different from short-term trading, we always have to check the price of the assets we buy every day.
This is the real and gist word of what we do every day be it buying or selling or investing, determining the value of it. And that is the mind game or predicting how we will do in the future. If we can formulate our investment plan based on this, our chances of success are very high if there is no risk of luck. Since trading is quite a difficult and risky matter, trading should be done with a lot of thought and sound mental state.

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May 08, 2024, 09:28:26 PM
 #101

I guess we just need to balance everything, it was just really depressing especially when we talk about money and financial things, there was anxiety especially if you saw some of your colleagues or college friends already doing well and your you felt like you not doing enough and still stagnant doesn't have any direction on your life, which is really frustrating and depressing. We always wanted to grind do business hassle and forget about our mental health I guess it is just very common for everyone.

In my opinion what we need is to balance our lives, like a work-life balance, I mean it's possible to have such good work, extra income, or create a business and at the same time have some time for yourself, or rest, have a vacation something like that, I mean it is all very stressful, and everyone just needed a rest something like that, do socialize, go out. Just putting everything on work is probably going to work but as mention, it wasn't going to be healthy, especially in the long term, you might probably earn a huge amount in the long run, but wasn't going to be worth it, we just need to systemize our time and  make everything worth its time, If you can finish your work at 6 hours try to finish it on 4 hours something like that.

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