Re: The power of investment choices

Well, in my point of view, investment choice is still part of the investment plan. Investment plan is not as simple as how much money we want to invest, it's also include how we enter the market, how do we diversify our portfolio, and also the choice of our investment assets. Investment plan is enough if the investment plan is complete and comprehensive

In investing, what a trader/investor must fix first is the investment plan, mindset and knowledge. because these three things are interrelated without an investment plan and do not work as they should, the wrong mindset will also be a problem in the future as well as knowledge. So it is true that if we invest intelligently, we must explore it completely and thoroughly.

Always stick to this. Remember, there are risks to everything, and the risks are big. So, you need enough knowledge to dive into the world of crypto.

Exactly mate. It is too important to have better plans and enough knowledge to have better results as well. We have to make something like a trial and error and we might make mistakes for how many times but the experiences and the lessons we got is priceless. I think we have to prepare for that risk we have to take when we are ready enough to jump into the investment we study and plan to try.

Good plans are good but careful execution is even better, while both, no matter how good they are, might still not guarantee the success of anyone. However, this would have added to the experience, and experience they say is the best teacher. It is better to try and fail than not to try at all, and when one tries something, such should know that it is a risk he is taking and it can be either successful or fail. But if it fails, that is not the end of it but a reason to find the fault and make the right corrections so that it will not repeat itself. This is why I say everything is a lesson and even life is a journey, there are some things you will invest all your hopes and energy in but they will fail, yet that thing might be what will liberate you with time if you do not give up. But still, one must ensure that they are doing it rightly because doing it wrongly over and over again will always yield failed results.

What you've said is true, The best way to learn and to gain more knowledge and strategies is by the help of your own experiences. the mistakes that happened in your life will help you a lot so that you can improve yourself and enhance your own abilities. Don't look at that failure as a defeat, but think of it as a reward or challenge given in your life so that you can persevere even more in the paths you will follow, and even the rich people in the business and investment industry experienced a severe fall in life but where are they now? they used the bad things that happened to them as inspiration in life and now all the decisions they made paid off even though it was difficult at the beginning.