short investment advice
I will not promise you through this text some huge profits, but I will go through some of the most important things through which you must pass to make your investments as profitable.
The first thing you have to do is to calm down your passions and emotions for money, I know this looks dumb because you entered this text to get more money, but you just have to control your emotions for money because in the most cases they lead us to disasters, Therefore, the most important thing is to avoid fear of money, then you need to get rid of the greed you must at any time know how to get out of the investment so that you do not get lost, then you have to be patient and no investment in the world can make you richer overnight.
Second, you need to make more outcomes in the event of a loss of money, so the best option is to start thinking about more investments that bring you money so that you can at any time give up the loss of an investment while still having other investments that still function.
Thirdly, you have to invest on your own responsibility; therefore, if you listen to a third person who advised you to invest in something, you must investigate that investment and not just fly like a fly without a head to earn a profit that this third person promises.
Fourth, you must release yourself not to make your work pressure on you, so the best option would be if your investment worked without your presence that is money for you and not you for money.
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I agree, emotion is one of the deadliest things that an investor can have. Emotion makes you sell at the bottom or buy at the top. Emotion can hinder your ability to make a rational investment decision. You may hold on to an investment that should really be sold or buy an investment that you have no business buying. In the long run emotional investors will likely under perform investors with their emotions in check. Also another very important thing you mention is researching investments and not jumping in blindly. Doing this will help you avoid many mistakes and educate you along the way.
thank you for commenting, the best indicator for this is treating the crypto currency, the emotional investors enter the short-term price forecast and when you look at a stock market you see that most people buy when the price jumps and when it falls because it falls, in any investment it is necessary to enter the understanding and with a great deal of patience and long-term thinking until it's profitable.
control of emotions in life is the most important.
Agree, I would not have made anywhere near the amount of money I have if I let my emotions guide my investing decisions.