Post
Topic
Board Economics
Re: What are people who focus on making money like?
by
pusaka
on 28/02/2025, 00:54:18 UTC
The main purpose of someone investing is for them to get money, no one invests without targeting anything, it doesn't make sense at all. However, what makes the difference is that some have prepared it well from the start, some have not done that and there is also a difference in the capital they bring at the beginning. Everyone has the opportunity to invest, but not everyone can be patient and bear all the risks. Because no matter how promising crypto investment is, it does not mean that investment here is without risk.
When it comes to money related decisions, there is always a goal set and no one considers an investment as a means of losing money. What makes one person to differ from the other is the level of preparations that one makes before getting to the strategic levels including the extent to which one comprehends the working mechanisms and preparedness to deal with every odd. Not all people have equal probability in starting this business, however, this opportunity is available to anyone who can attempt to do it. This is usually the greatest challenge, strength and endurance in variability that occurs at any time. However, they are always the chances that have to be considered even if the given asset can have a high level of potential. That is why the lack of guarantee of profit is perfectly clear, and awareness of its absence becomes a part of the decision making process.
Well, don't forget to measure our abilities, both in terms of finances and mentality, for example, because some people allocate money that they can't actually use for trading, because there are needs that they should prioritize. In the end, after experiencing losses, they regret and become frustrated.
Likewise with mentality, we must be able to see ourselves how ready we are for the existing risks, the worst is losing money. If you don't feel ready, then it's better to wait until you are really ready.
Maybe some people will say that we will never be truly ready, yes that's true. But what I mean is that we must know what our mental limits are like and don't measure it from other people's readiness.

Yes, investing certainly has risks that will be faced, and of course expecting a greater return, that is the main goal of investing, but again it all depends on someone to start it, the need for patience is what needs to be applied in investing without it it is difficult to achieve what you want, but we have to focus, especially with crypto investments that require broad insight.

That's a good point and indeed patience is one of the keys that must be possessed. Because usually they are impatient to enter the market, even though they know that they are not fully prepared when facing a volatile market. But their impatience drives them so that they ignore something they should not do.