Investment comes with risk in most cases, if you allocate much to what you know and you allocate just a little to what you don't understand too well and it later becomes something big, won't you regret your actions. Those that took the risk in investing into Bitcoin hugely at the beginning, cannot be compared with today's investors, they took some risk that later boomerang to something great. So you cannot be too careful sometimes as an investors, because nobody knows tomorrow. So I also believe in taking some calculated risk as an investor.
At times, I do feel investment is like a mind game. You snooze you loose everything. Being careful is one good characteristic of an investment, since it only takes one big mistake to ruin everything.
It's going to be a learning experience for us. Even those who have been in investing for the longest time, still learns from time to time. So it's like a continuous education for most of us. And the better we stay here, the better we became a good investor and then we anticipate things or see something that others might not see if they are just in the beginning of their journey.
It is always advisable that you invest in what you have some level of knowledge on. Investing in things you trust and be willing to bear the risk if the investment do not go as planned. Regret don't fix things in investment. Taking precautions is the best solution to avoid had i know.
Experience is the best teacher as what they say. So it's ok to fail early, the big lesson is how to get up and then learn from that mistakes so that you won't repeat it. So there's nothing wrong in losing in our investment journey, it's part and parcel of everything and the result will favor us in the long run.
