Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Don't invest your all!
by
Lanatsa
on 10/09/2024, 21:53:23 UTC
⭐ Merited by Taskford (1)
It's humanity, we always make stupid decisions, we all do. Sure maybe not this one exactly but if you look at every human, you will see that all of them made a mistake, and if they are too young maybe they haven't but will make one in the end. Sometimes we laugh at it later on when we realize how terrible it is, but the reality is that we are not going to see this changing too much, we should know that it's going to be something that will take some time but we will get there, we can't really consider this any bigger.

We know how hard this is, and we know how terrible it would be if we are not careful as well, so we do our best. If it's about taking a loan and putting it all on bitcoin, I can say that I avoided by an inch many times, I always wanted to do it too lol.
Everyone may make mistakes, no doubt, but we must learn from these mistakes, the experiences of others, and from the advice that is provided. . Ignoring them and attempting to repeat the same mistakes should be avoided.

Successful investors and traders estimate the risks resulting from their decisions before encountering them.. If there is a high probability of losing their capital, they must work to manage and reduce the risks and protect their capital because if they end up losing it all, they will suffer greatly as a result, which could impact their ability to remain in the market or even affect their livelihood if they do not have other sources of income.  Indeed, borrowing money and then investing or trading it entirely is one of the most reckless decisions because even with experience, the market ultimately decides. And I'm glad that you haven't proceeded with this so far.  Smiley
Learning could really be acquired into those mistakes you have done or simply this is really that indeed your best teacher because not all things will really be written or can be found on book and it is really just that good for theory.The rest of learnings could really be acquired by experience and this is something which is inevitable and since we aren't that all knowing being then mistakes will really be always next in line.The important thing on here is that you do really know at least on how to blend or make yourself adapt on whatever conditions you encounter.When it comes to trading or investment then going all in Is never been recommended yet we do know on what are the compromises or dangers of it.