The Mindset of Investors Who Lose: Learning and Growing from Setbacks
Investment is an activity that comes with risks and rewards, and investors' mentality when they lose money is related to how they respond to setbacks. This article will explore common psychological reactions among investors when they lose money, and explore how to learn and grow from them to achieve better investment results in the future.
Investing is an exciting and challenging field, and whether it is markets such as the stock market, real estate, or cryptocurrencies, investors may face the risk of losing money. When investors suffer losses, their mentality and attitude are crucial to how they respond to setbacks. Understanding and dealing with common mental reactions when losing money will help investors learn lessons from them and gradually improve their investment capabilities.
The electricity meter at home is running faster and faster, and your parents are still thinking about when you can buy a house and start a family. But all you think about all day long is how to make money, when to airdrop, and how much you can airdrop. money. But even so, you still enjoy interacting with each other. Because you will think this is an opportunity to change your destiny, but in fact it is of no use, it is all counter-attack. -The Chinese New Year is almost here, and it won’t bring you any real use if you bring your broken computer home. Your friends spend a lot of money in their pockets to eat, drink and have fun, while you silently play with your broken computer at home. Relatives and friends asked you what you gained after dinner. You said that I had launched several web3 projects, and also combined public chains, defi, cross-chain bridges, etc. to achieve one fish and three fish. Your relatives are confused, but you are still laughing at them silently in your mind. Laugh at them for not understanding web3, interactivity, and your feelings about getting rich soon, and laugh at them for not even being able to read Waibo 3. Your parents’ colleagues are all talking about their children’s achievements in a year. The son bought a house, the daughter bought a car, the girl got a promotion and a salary increase. Your parents just laughed and said nothing, saying that I made a mess. The computer buzzes when it is turned on
When doing transactions, just think about two questions:
First of all, to achieve no loss or less loss is actually position control.
Then there is how to retain profits after making profits, or profit taking, which is actually closing positions or hedging.
How many people make profits but then lose money? How many people place orders but are reluctant to stop losses, leading to liquidation? How many people have been losing their minds by investing heavily in order to recover their previous losses? Little did they know that today I lost 20,500 points on my heavy position, and next time I would have to earn back 500 points on at least 20,000 principal? What if the principal next time is 10,000, or 5,000? How many points do you need to earn back? #合约锦标赛
The saddest thing among people is that you don’t dare to hoard coins when prices are low. When you want to hoard coins, you find that they have already risen to the sky. #BTC #ETH
If you love someone, take him into the currency circle There are countless opportunities to get rich If you hate someone, bring him into the currency circle This place will keep a person awake at night and feel very anxious. Exhausted, pained and regretful #ltc #BTC #ETH
Those of you who are working on Web3.0 will start working on it in 2021, but it’s already 2023. Haven’t you launched a product yet? After a while, this one managed 5 billion, and the other managed 8 billion, bragging so enthusiastically every day. This development speed is unparalleled in any company. If the boss doesn’t accuse you of fraud, I will consider your family’s graves to be smoking. #web3.0 #BTC
After the last rebound of Bitcoin and Ethereum, the market failed to rebound strongly and was suppressed by the top. Bitcoin and Ethereum are all out of the downward trend. Faced with the sharp decline of BTC yesterday, the market reached as low as around 26,000. Judging from the current trend, the market volatility is weak. It has not stood firm near 27300. The key in the later stage is whether it can break through the 27500 position. #ETH #BTC