Post
Topic
Board Economics
Re: what makes us good investors.
by
doomloop
on 19/12/2019, 14:18:09 UTC
This is always happening to me most of the time, I sell my coins when the market is in downtrend especially when I really needed it or emergency purposes. I cannot blame the market but to myself the outcome of my decision. Yes, it is my decision so there is nothing to blame but myself when the time I will regret selling.

You shouldn't regret such decision. You said so yourself, it's an emergency, I don't know what it is for, but for example to save someone's life, or due of a payment or something. Whatever it is, as long as it's an emergency (urgent), or any significance at all don't regret it over money. Why? Money can be earned again and again--life(?) you can't, time(?) you can't.
There are certain things which have no comparison with money such as time, someone’s life, health and freedom. Undoubtedly money could be earned again by working smartly but once someone dies, there is no way you can get them back. Always we shall try to make decisions with cool mind and keeping moral values in view. Money is not everything that a man needs for a survival and peace.
I know money is not every thing but people are and we really need some people to be with us if we really want to live happily but mate it takes money to live in this universe and we apply different ways for it as investing is one of those. We should learn investing at right time only then we will be able to obtain our goal behind investing our money.

For as long as we are still living then there is nothing to regret about, we should handle our emotion and learn to let go in times that we can face situation just like this, there is no perfect investors or traders, we are all making mistakes, we all learn, we do mistakes again, learn until such time that we become experts and can easily read the market and the project flow.

Yup because we can start all over again when we alive. Loses can be recover but for now time must be important to do and also there are a lot of investor do invest because they take risk to get an easy and fast money for them to gain a money with a high value because of too much greedy and at the same time they believe in luck.
Losses may get recovered but the time you lose cannot be recovered at all and now a day time is your first and real wealth. Too much greed can never let you survive hardships and losses. It rather puts you in hell tougher situations. I am of view that one shall practice yoga or such stuff that gives control over emotions which will ultimately help controlling greed. Luck also only supports those who work hard.
Yoga and meditation are really amazing stuffs which have both scientific and experimental proofs off affecting nicely the mental strengths of people especially the ones who become panic or are under some kind of addiction. Losses could be recovered if the person is willing to do so without taking any stupid steps. We shall not simply take quick decisions in order to recover losses. They simply make mess.