Quote from: n0ne on June 10, 2023, 11:36:09 PM

People are sure about the return from an investment. However we were able to experience massive losses on some occasions which were completely unexpected. So, investment too kind of gamble. You'll invest today with the expectation to eat tomorrow, but you won't get the food. In such situation what can be done. For two days you weren't able to feed yourself, the next day your mind won't function perfectly to analyse the market. So, the importance of food is high than an investment.

If you really understand the principles of investing, this is very different from gambling. Because you have a plan for investment, you should really understand the concept of investment. As well as the basis for the future prospects of the project to be invested, what are the opportunities and most importantly the worst risks (losses) that can occur.

Therefore we need to do investment baskets with the method "Don't put all your eggs in one basket, which means never invest with all the capital you have in one place or just one company. Why? Because if the investment fails, then all the capital you have will also disappear".

Thus at least the risk of loss that occurs from several projects that you invest can still be covered by other projects.