Quote from: Y3shot on January 14, 2024, 07:37:25 AM

Some investors are ready to invest on any project they come across just because they really want to make profit and some of this projects are considered to be a scam project which people invest reasonable amount of money. It is very painful when money is invested in this project and they end up becoming a failed one. I think good reasoning before investing will really help investors from losing much money about projects they do not know about much. Investors needs to ask themselves before investing "what if I lose my money investing it in this project? I think this question can help people to invest with the amount they can afford to lose or not to invest at all on project very not sure about.

Investing without any reasoning can just make one to invest without considering the risk and the probability of making lose or making gain from the investment.

I think every investor must have a very rational mindset towards investment. They believe that every investment has a high risk, so they will definitely do research and analysis on a project in which they want to invest the money they have. so it is very unlikely that an investor will make a decision to invest in a project that they do not know about.