Quote from: Falconer on Today at 09:44:43 PM

Quote from: Fakhrulenclix on Today at 09:42:20 AM

Quote from: alastantiger on June 29, 2023, 07:55:21 PM

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Sometimes it's true but don't completely trust your instincts because it's not completely true and you have to trust it, so I think there should be a balance between instinct and also some knowledge before investing.
if you only rely on instinct in investing then it's the same as we just hope for luck, the success rate will be very small so I think it's better to balance it.

Instinct is not always right and can even be misleading if it is based on the desire for big returns so easily without having to work hard. See how easily many investors lost their money on ponzi projects or investments in the past, it was also because they followed their instincts to expect easy returns.

One that is recommended before investing is to study what your investment assets. One should not invest in crypto if they don't know what crypto is and how the market works and know what its huge potential is in the long term. Investments are promising, but not all of these investments will bring them the expected returns in the short or long term.

But there are really moments in life that we do follow our instinct or intuition on which it did really result into positive on which you would really be saying into yourself that it was a good call
but its true that it wont really be that ideal nor wise on making yourself that way too relying with this kind of approach on things that you've been dealing.Yes, it might give out that kind of
opportunity on which it would give out that kind of good result but nothing beats out if you do go along with those basic concept business law or ideas which are really that good to follow on.
Im aint saying that following your instincts are bad but it would be more wiser if you do go with the basic steps and concept which are really that intended on this kind of field.
You wont really be making that huge risks just because of having that sudden feeling or doubts on what you are dealing with.It would be a gamble on altering your decisions on something like this.