• Important Update from the Founder: After a year of growth, changes are coming to Discussion Bucks. Read the full announcement here.

  • Heads-up! The site will undergo scheduled maintenance on Saturday, September 21, 2024, starting at 11:00 PM UTC (7:00 PM Eastern Time). During this time, the site will be temporarily offline, but rest assured, everything will be backed up beforehand. Thank you for your understanding!

    - Fords8

Don't be afraid to take risks in your investment for your happiness

Joined
Sep 25, 2023
Messages
16,634
Solutions
1
Reaction score
1,727
Location
Philippines
D Bucks
💵5.766350
Referral Credit
75
Embrace failure as one tool to sustain in your investment be it short or long term investment. Either your investment is small or big risk is happening especially this time when prices are skyrocketing. What must you do, don't give up because it's not all the time failure happens. If you're investing stocks, Forex or Binary trading ask. yourself if you're capable of doing any of them, if not, don't proceed. Wait for the right time when you're fully skilled. Don't give up but cheer up for your next move to success.
 
Yes, high risks sometimes come with high benefits but it should be a calculated risk to reduce high losses too
Yes, and one needs patience to endure if lacking patience then the investment may not profit as expected.
 
We are not afraid of failure, but risks must be calculated carefully, such as using the Treynor method or other methods, we must also be able to manage risks well so that we can minimize losses. For example, if a company launches initial stocks, we don't immediately rush to buy but do some analysis first.
 
In as much as risks are necessary for every investment, one has to be sure that the risk is not tilted to the failing side than the success side. It doesn't make sense to open your eyes and walk into imminent losses.
 
All investments involve risk. If you are not prepared to take risk, do not invest. That said, before making investment, you have to evaluate your risk tolerance level and do proper research.
You're so right one must evaluate his risk tolerance before finalising a decision to invest. Money is not a stone. It's a hard earned money.
 
12,088Threads
93,180Messages
290Members
Medo24Latest member
Top