wmaurik
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April 28, 2024, 09:14:35 AM |
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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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khiholangkang
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April 28, 2024, 11:13:54 AM |
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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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AnonBitCoiner
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April 28, 2024, 11:38:44 AM |
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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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slapper
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April 28, 2024, 12:31:07 PM |
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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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Dewi Aries
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April 28, 2024, 02:20:20 PM |
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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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Zoomic
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April 28, 2024, 04:04:18 PM |
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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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topbitcoin
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April 28, 2024, 07:38:45 PM |
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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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GeorgeJohn
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April 28, 2024, 09:18:13 PM |
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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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Casdinyard
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April 29, 2024, 04:36:56 PM |
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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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marcous
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April 29, 2024, 04:56:10 PM |
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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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Jegileman
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April 29, 2024, 05:40:17 PM |
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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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AYOBA
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April 29, 2024, 08:52:43 PM |
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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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Troytech
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April 29, 2024, 11:10:00 PM |
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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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TravelMug
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 30, 2024, 10:46:26 AM |
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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.
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Gaza13
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 30, 2024, 12:50:04 PM |
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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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Haunebu
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 30, 2024, 02:52:46 PM |
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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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wmaurik
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May 03, 2024, 12:43:32 PM |
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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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Antotena
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 03, 2024, 09:18:27 PM |
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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.
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goaldigger
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May 03, 2024, 09:28:14 PM |
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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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Richbased
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May 04, 2024, 08:08:59 AM |
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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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