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Author Topic: Also consider your mental State of health while investing for wealths.  (Read 1150 times)
Asuspawer09
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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.

wmaurik
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May 10, 2024, 12:07:45 PM
 #102

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.

Apart from still having to think about mental health when they want to trade, every trader also has to think about what assets they are trading at the moment because we can stop trading whenever we want as long as we have made a profit from it. Meanwhile, regarding investment, I think it is not only about buying and selling, but also about what we have bought and what we will invest in for the future which generally runs in the long term.

So both jobs also really require determination in their choices because they can equally affect everyone's mentality if they don't experience profits, although the mental influence through investment is usually not that big as long as the investor has a high level of patience in waiting for profits.

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RockBell
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May 10, 2024, 01:05:12 PM
 #103

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.

when it comes to financial talks you will need to control your emotions on what you are saying and what you are thinking, yeah when we see others doing better we feel very bad and would like to be like them but the question now is can we were the same shoes our successful friends are wearing and I don't see a reason why you should feel bad if you should bad we should learn to try things out our self's and we might find a good way that suits our way of making money.

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 mentioned, 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.

All of us can not be rich but we can do what it takes to be comfortable and look for ways to make extra income because having one source of income won't be enough now especially if we have families or are even married, meeting new people will be another good option because you might meet business people and from there you, that your idea might be useful for them, socialize and make plans. and to me everything is not about money and number one principle is that don't chase money just do your thing. and have fun.

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hyudien
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May 10, 2024, 01:47:40 PM
 #104

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.
The perspective of pursuing wealth is very unwise, because people like this will prioritize expectations over reality. Just because you have a target of pursuing wealth, you end up dreaming as if you have already achieved it. A mental condition that is not ready to face the harsh reality leads him to a position that is quite 50% crazy. Maybe it's good to have a target of becoming rich, but we also need to be wise in balancing many factors such as health because health is the main thing. There's no point in getting rich if you end up getting stressed and ending up in rehab. There are many cases of investors and business people who are now homeless, experiencing mental disorders or can be said to be crazy. For this reason, the placement of investment and business portions must be balanced by preparing for risks.

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MissNonFall9
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May 10, 2024, 02:22:40 PM
 #105

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.

Apart from still having to think about mental health when they want to trade, every trader also has to think about what assets they are trading at the moment because we can stop trading whenever we want as long as we have made a profit from it. Meanwhile, regarding investment, I think it is not only about buying and selling, but also about what we have bought and what we will invest in for the future which generally runs in the long term.

So both jobs also really require determination in their choices because they can equally affect everyone's mentality if they don't experience profits, although the mental influence through investment is usually not that big as long as the investor has a high level of patience in waiting for profits.
The trading business is basically playing with psychology. Therefore businessman must keep his mindset stable and sound to be aware of his wealth. If the mind cannot hold on to the trading business, then he will never be able to return his profits and the possibility of losing his capital as well cannot be ignored. But yes if there is no patience there will be no question of retaining the mindset. Because those who do not have patience will never want to enter the trading business.

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Gaza13
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May 10, 2024, 02:29:15 PM
 #106

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.
What you say is true, usually the people you say trade in the crypto market and only focus on making money quickly or instantly. At least we need to prepare ourselves in any case if we enter the world of investment, the world of investment is full of risks of making the wrong move in choosing assets, of course we will lose the money we have, we need to know that investment takes quite a long time to get the desired profit, and We must mentally prepare our psychological health if one day all our assets are lost.

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May 11, 2024, 04:33:31 PM
 #107

The trading business is basically playing with psychology. Therefore businessman must keep his mindset stable and sound to be aware of his wealth. If the mind cannot hold on to the trading business, then he will never be able to return his profits and the possibility of losing his capital as well cannot be ignored. But yes if there is no patience there will be no question of retaining the mindset. Because those who do not have patience will never want to enter the trading business.
Anyone who doesn't have patience in any business, that person will never be suitable to be in any business, especially in crypto trading which generally plays more on mental and psychological issues as you said. Because in trading, everyone has to be able to maintain their psychology and be able to deal with mental stress when they see that market conditions are not good, but in terms of patience, I think this should not be put aside. Because if someone still doesn't have that, of course that person is not suitable for any job.

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qwertyup23
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May 11, 2024, 04:45:03 PM
 #108

Mental health, if not, is one of the most important aspect in order to make rational decisions. If a person is suffering from any kind of mental health, this can impair their judgement thereby making the wrong decisions in crucial situations. This does not only involve decisions when it comes to investment but also in their ordinary daily lives that can affect themselves and the people surrounding them.

Now if a person's mental health is impaired due to circumstances beyond his/her reach, then expect them to be in difficult when it comes to decision-making skills. They may also be dissuaded instead of being motivated, which is one of those important elements when it comes to an investment.

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.

I agree with your point.

Investment is already difficult to swallow if you see your stocks or any kind of investment plummet on its price. This can actually snowball into something that is far worse- which is taking their own lives. That is why if you are aware that you are suffering from any kind of mental illness, then prioritize it above anything else before it starts crippling to your daily life.
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May 11, 2024, 04:57:23 PM
 #109

The trading business is basically playing with psychology. Therefore businessman must keep his mindset stable and sound to be aware of his wealth. If the mind cannot hold on to the trading business, then he will never be able to return his profits and the possibility of losing his capital as well cannot be ignored. But yes if there is no patience there will be no question of retaining the mindset. Because those who do not have patience will never want to enter the trading business.
Anyone who doesn't have patience in any business, that person will never be suitable to be in any business, especially in crypto trading which generally plays more on mental and psychological issues as you said. Because in trading, everyone has to be able to maintain their psychology and be able to deal with mental stress when they see that market conditions are not good, but in terms of patience, I think this should not be put aside. Because if someone still doesn't have that, of course that person is not suitable for any job.
Patience or controlling it would really be something that will really be needed up for you to consider it out on having that good control or that kind of discipline specially when dealing up with investment.
We do know that when it comes to outcomes and results then it would really be that totally different to each other because t here would really be tons of factors on which it would really be basing up
whether you are doing the right way or not, but of course it isnt something that you could really be able to make yourself that make out some assurance which we know that different market conditions
and other aspects would really be that totally random on which you cant really be that make yourself having that assurance on having that success rate.

Mental state is something that you would really be needing up to consider because if you do find yourself that being too impulsive then dont expect for yourself
on having that kind of odds on making something into this industry or any other investment that you would really be planning to made on.

R


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May 11, 2024, 05:30:11 PM
 #110

The trading business is basically playing with psychology. Therefore businessman must keep his mindset stable and sound to be aware of his wealth. If the mind cannot hold on to the trading business, then he will never be able to return his profits and the possibility of losing his capital as well cannot be ignored. But yes if there is no patience there will be no question of retaining the mindset. Because those who do not have patience will never want to enter the trading business.
Anyone who doesn't have patience in any business, that person will never be suitable to be in any business, especially in crypto trading which generally plays more on mental and psychological issues as you said. Because in trading, everyone has to be able to maintain their psychology and be able to deal with mental stress when they see that market conditions are not good, but in terms of patience, I think this should not be put aside. Because if someone still doesn't have that, of course that person is not suitable for any job.
Patience is indeed very important to be able to run a business without patience. It is difficult to be able to run a business or business. We must have patience in order to make decisions that can benefit the business or business that we run. It is true that some people who cannot have patience will certainly have great difficulty in find any job because they will quickly get bored with the work they do.

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May 12, 2024, 11:44:38 AM
 #111


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.

I agree with your point.

Investment is already difficult to swallow if you see your stocks or any kind of investment plummet on its price. This can actually snowball into something that is far worse- which is taking their own lives. That is why if you are aware that you are suffering from any kind of mental illness, then prioritize it above anything else before it starts crippling to your daily life.


I actually didn’t mean mental illness. Hahaha. I meant how different people react to things. For example,  I am someone who would not drop a single tear if I lost a huge amount of money. But there’s someone who is mentally stable but just can’t bear the loss as much as I can. That’s what I was referring to.



 

 

 

 

 

 


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May 14, 2024, 04:27:28 PM
 #112

The trading business is basically playing with psychology. Therefore businessman must keep his mindset stable and sound to be aware of his wealth. If the mind cannot hold on to the trading business, then he will never be able to return his profits and the possibility of losing his capital as well cannot be ignored. But yes if there is no patience there will be no question of retaining the mindset. Because those who do not have patience will never want to enter the trading business.
Anyone who doesn't have patience in any business, that person will never be suitable to be in any business, especially in crypto trading which generally plays more on mental and psychological issues as you said. Because in trading, everyone has to be able to maintain their psychology and be able to deal with mental stress when they see that market conditions are not good, but in terms of patience, I think this should not be put aside. Because if someone still doesn't have that, of course that person is not suitable for any job.
Do you know what I think? Our mindset is the only tool to apply knowledge and skills in the right place in every activity of our life. So we should be careful about psychological issues. And that's why we should consider mental health first in any work in our life so that we don't end up doing anything wrong.

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May 14, 2024, 05:14:59 PM
 #113

....

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.

balancing everything in life is a very important thing to do, because even though we want to be rich in life, we also need to think about the mental aspect of ourselves. because there are so many people who are crazy about earning money by working overtime every day and not thinking about rest, the result is that they become stressed and their work becomes a compulsion for them. everything needs to be balanced, whether between work, love and friendship, all of that must be balanced so that it can be something good in our lives.

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May 14, 2024, 09:35:49 PM
 #114

Business need experience to be able to handle rough and unplanned situations, lack of that experience is what lead many business owners to run into depression when they record some level of loses in their business.


Mental health is a state of mind that need all the investment to build a healthy and stable mindset that can absorb any situation that may arise along with the business.



R


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May 14, 2024, 10:12:04 PM
 #115

We also needs to learn on how to invest on our mental health, don't just focus on money or profit.
If the cost of your social status improvement is by sacrificing your mental health then it wouldn't be worth it.
Some people would rather choose a stress free job even if the pay is low, over a high rate paying job because they want to protect their mental health.



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May 15, 2024, 02:46:24 AM
 #116

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 agree with your points, and I'd like to add that investing or trading can deeply impact our mental health, particularly when emotions like greed or fear are involved. To protect our well-being, risk management is crucial. This means using only disposable income, diversifying investments to spread risk, and setting personal rules for risk tolerance and stop losses. These strategies can help us manage our emotions and avoid impulsive decisions driven by FOMO.

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May 15, 2024, 05:01:01 AM
 #117

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.
Mental health is very important, if you have a lot of money but your mental health is not healthy, then money is no longer important, and vice versa, a lack of money can make you mentally disturbed, so you have to balance seeking wealth and keeping your mental healthy too.
Dare to get rid of things that can make us unhealthy is an important decision, working in a company with an unhealthy environment can affect our mental health but stopping work without first having a replacement job will damage our mentality too, so we have to be wise in making decisions, but unfortunately if our mental state is disturbed it will be difficult to make the right decisions so we need expert treatment to recover.

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May 15, 2024, 08:08:29 AM
 #118

We also needs to learn on how to invest on our mental health, don't just focus on money or profit.
If the cost of your social status improvement is by sacrificing your mental health then it wouldn't be worth it.
Some people would rather choose a stress free job even if the pay is low, over a high rate paying job because they want to protect their mental health.

I guess all about life balance, if the job is too low paying then it might stress us further, we have job that sucked and then low paying one at that means double the stress.
definitely try to find a job and side income I guess, the job that is stress fee then we can hustle hard through side hustle and grow that side income up to the point where its viable for us so that even if we suddenly got fired from job we won't even worry about money since we have enough and just need to find another job.

the best way to live stress free is by simply having many backup plans to help us overcoming hardships, if we have backup plan and all the emergency fund available then we can just overcome problem easily without the need to overthink.
unfortunately that in its own is a luxury, not that much people can afford to have a backup plan either, so the cost of mental health is inevitable for them.

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May 15, 2024, 08:41:22 PM
 #119

Health is also wealth but it should not be confused with investment because I don't see The link between investment and your mental state because before you decide to go into any business that you want to invest in you must have studied it carefully to know it very well so you know what you are going into so if there is loss at the end of the day you should also take it and not allow it affects your mental health
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May 15, 2024, 09:23:27 PM
Last edit: May 15, 2024, 09:34:14 PM by Russlenat
 #120

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.
Yes, living your life in balance would ease anxiety and depression. Don’t just focus on one aspect, and ignore the rest while you are busy accumulating your wealth. You will end up emotionally and mentally exhausted that will ruin your finances in the end. Instead, learn to live your life fairly without abusing your mental health state or your emotional health. With that, you will live life more productively and progressive.

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