3 #indicador which has generated losses for most investors, especially newbies.
1. ESTIMATE VALUE
This is when you estimate a value in something just because of the positive feeling. Example, when a person assumes that their investment will still have a high appreciation just because it has appreciated a lot over a certain period.
This makes you act on impulse/emotion rather than reason. The person creates the cycle of selling later based on a mere assumption without evidence/facts/study, and as a result, they end up never selling, or, in most cases, selling after suffering a loss.
2. INVESTING WITHOUT UNDERSTANDING
This is when you do something without having knowledge about the action you are performing. In this case, the most common thing is to buy first and study later. A tragic mistake, as it is like skydiving without a parachute and then trying to get back to get it, for example.
3. CONTINUE BUYING EVERYTHING THEY SAY/INDICATE
It's like that person who lives molding themselves by other people's opinions. In other words, it is the person who does not actually have his or her own decision, he lives by investing in opinions, regardless of whether the source is reliable or not.
Making this mistake can be as bad, or even worse, as investing without understanding. For example, if the person who provided the information is knowledgeable about the subject, great, less bad. Now if it's a totally uninformed person pretending to have mastery over the subject, then it would be like allowing yourself with your eyes closed to be guided by a blind man (without a guiding mechanism) on the edge of a cliff.
CONCLUSION
Do not be too greedy, as greed can lead you to ruin. Be greedy, but always maintain the presence of humility.
And finally, always be open to advice, but never be molded by it. Make your own choice and according to the knowledge you have at your disposal. You will make mistakes, normal, but this way the learning will be greater because you will be responsible for your actions, and so there will be nothing left to blame other than your own incapacity.
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