Post
Topic
Board Trading Discussion
Re: Don't invest your all!
by
SchUl
on 20/08/2024, 14:15:18 UTC
Good day everyone on this beautiful forum.
We all know how trading can be for everyone , everyone is there to make profits (money) , but the fact some people can go to length in using all they've ever had to trade is mesmerizing!.
Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..
The same apply to other things like sports betting, gambling and all of them.

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.
So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!
I agree, you can't even invest all your money, you need to understand for yourself what diversification is. Investing in one business and not having at least some kind of airbag in the form of an amount that would be enough to live on is stupid.