Topic: Also consider your mental State of health while investing for wealths. (Read 928 times)

I agree with your point.

Investment is already difficult to swallow if you see your stocks or any kind of investment plummet on its price. This can actually snowball into something that is far worse- which is taking their own lives. That is why if you are aware that you are suffering from any kind of mental illness, then prioritize it above anything else before it starts crippling to your daily life.

Anyone who doesn't have patience in any business, that person will never be suitable to be in any business, especially in crypto trading which generally plays more on mental and psychological issues as you said. Because in trading, everyone has to be able to maintain their psychology and be able to deal with mental stress when they see that market conditions are not good, but in terms of patience, I think this should not be put aside. Because if someone still doesn't have that, of course that person is not suitable for any job.

Anyone who doesn't have patience in any business, that person will never be suitable to be in any business, especially in crypto trading which generally plays more on mental and psychological issues as you said. Because in trading, everyone has to be able to maintain their psychology and be able to deal with mental stress when they see that market conditions are not good, but in terms of patience, I think this should not be put aside. Because if someone still doesn't have that, of course that person is not suitable for any job.

I agree very much that we should also consider our mental health. There are people who are built in a way that they can take any losses or any frustration that investments, etc bring their way. However, there are people who would feel like killing themselves over a loss or something. So I think we should check who we are and know what we can afford to lose so we don’t get into trouble we can bear on our insides.

The trading business is basically playing with psychology. Therefore businessman must keep his mindset stable and sound to be aware of his wealth. If the mind cannot hold on to the trading business, then he will never be able to return his profits and the possibility of losing his capital as well cannot be ignored. But yes if there is no patience there will be no question of retaining the mindset. Because those who do not have patience will never want to enter the trading business.

Whatever you stated is all common sense op. However, most people invest without thinking about their mental health for even a second thanks to their desperation to earn more money as soon as possible.

The ones who wisely consider their mental health when making big financial decisions are part of the minority based on what I observed.

Apart from still having to think about mental health when they want to trade, every trader also has to think about what assets they are trading at the moment because we can stop trading whenever we want as long as we have made a profit from it. Meanwhile, regarding investment, I think it is not only about buying and selling, but also about what we have bought and what we will invest in for the future which generally runs in the long term.

So both jobs also really require determination in their choices because they can equally affect everyone's mentality if they don't experience profits, although the mental influence through investment is usually not that big as long as the investor has a high level of patience in waiting for profits.

I guess we just need to balance everything, it was just really depressing especially when we talk about money and financial things, there was anxiety especially if you saw some of your colleagues or college friends already doing well and your you felt like you not doing enough and still stagnant doesn't have any direction on your life, which is really frustrating and depressing. We always wanted to grind do business hassle and forget about our mental health I guess it is just very common for everyone.

In my opinion what we need is to balance our lives, like a work-life balance, I mean it's possible to have such good work, extra income, or create a business and at the same time have some time for yourself, or rest, have a vacation something like that, I mean it is all very stressful, and everyone just needed a rest something like that, do socialize, go out. Just putting everything on work is probably going to work but as mention, it wasn't going to be healthy, especially in the long term, you might probably earn a huge amount in the long run, but wasn't going to be worth it, we just need to systemize our time and  make everything worth its time, If you can finish your work at 6 hours try to finish it on 4 hours something like that.

I guess we just need to balance everything, it was just really depressing especially when we talk about money and financial things, there was anxiety especially if you saw some of your colleagues or college friends already doing well and your you felt like you not doing enough and still stagnant doesn't have any direction on your life, which is really frustrating and depressing. We always wanted to grind do business hassle and forget about our mental health I guess it is just very common for everyone.

In my opinion what we need is to balance our lives, like a work-life balance, I mean it's possible to have such good work, extra income, or create a business and at the same time have some time for yourself, or rest, have a vacation something like that, I mean it is all very stressful, and everyone just needed a rest something like that, do socialize, go out. Just putting everything on work is probably going to work but as mentioned, it wasn't going to be healthy, especially in the long term, you might probably earn a huge amount in the long run, but wasn't going to be worth it, we just need to systemize our time and make everything worth its time, If you can finish your work at 6 hours try to finish it on 4 hours something like that.

This is the real and gist word of what we do every day be it buying or selling or investing, determining the value of it. And that is the mind game or predicting how we will do in the future. If we can formulate our investment plan based on this, our chances of success are very high if there is no risk of luck. Since trading is quite a difficult and risky matter, trading should be done with a lot of thought and sound mental state.

I can understand what you are saying, but for some reasons we also need to see that people who are sick can also invest with money that they have specifically provided for investment. Because I have seen someone who always reserves his money for health and also for daily use, so he always separates his investment money from the spare money he saves for other things so that it doesn't interfere with his own investment activities.

That's why each of us needs to plan the things we want to do in the long term, because if everything can be hindered by illness it will certainly be a bit troublesome. Because investing is something that is quite easy to do as long as we have special capital that we use for it and we ourselves will not have difficulty when market conditions start to get worse. Because long-term investment is very different from short-term trading, we always have to check the price of the assets we buy every day.

There is nothing above physical and mental health. One's own well-being is above all. If one falls ill, all his wealth, money, becomes worthless.  Therefore, you should be aware of your health before investing and earning.  Health should be taken care of. And invest as much as you can accept loss. Otherwise your mental health will deteriorate along with your physical health.

I realise that opportunities do not come as often as possible and are not like what is analysed, online or offline businesses are the same because they use real money for operations and service availability, human nature is not always enough and wishful thinking when carrying a little capital and not ready when bitter conditions come with large capital, these two conditions in my opinion are too self-blame which the essence of investing in pleasure is lost. If the money is cold and it is ours without borrowing from others, I think we can still mentally maintain and be calm. I agree that not over-expecting especially with speculation is the right lagkah, take 5-10% every time take profit weekly or 0.5-3% per day for me is very possible especially if in bitcoin. What makes someone unable to accept reality is when there are other and urgent needs while the investment has not recovered. I prefer to use my cigarette money for investment rather than borrowing or using money that is not fully flexible.

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.

While I have also attended several business conventional concerts, there had been this health wise guide orientations that health is also wealth so we should always consider our healths while we are Investing our funds at the course of chasing incomes to secure wealthiness.

This is not just about setting up emergency budgets for healthcares such as when  we are down with the common illnesses such as Headaches, Mononucleosis, conjunctivitis, Diarrheas, Stomach aches and so forth which are most considered health wise.
If we ignore to consider investing what we can afford to loose, we could eventually be negatively affected on our mental faculties which we may never had expected it coming.
There is every possibilities of an investor to go psycho when looses beyond the capacity that their mental health could accept.
Failure to put this as concern and during investment we looses above our limits, we could be at every tendencies to be exposed to heart attacks or mental disorderliness as a matter of unbearable and dispersant shocks.

Sometimes ago, I reached out to my sisters husband on the phone and he sounded so frustrated and strange, while still on the phone, he cut off the call on me and I called severally he ignored the calls.
After some times I called on his wife to express the displeasure of her husband on me and she also said her husband has be acting strange some times now which I make out time and catch up with him as a friend I assumed he is to me.
Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.


Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

Majority of people don't know that anything that has to do with the mind can make someone become mentally unstable because investments are associated with too many risk of which when making investments your mental health needs to be checked to know if you can be able to withstand the pressure in a case of losses. Investment is not for the weak minded, if you can't bear the risk then no need giving it a trial.

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.

While I have also attended several business conventional concerts, there had been this health wise guide orientations that health is also wealth so we should always consider our healths while we are Investing our funds at the course of chasing incomes to secure wealthiness.

This is not just about setting up emergency budgets for healthcares such as when  we are down with the common illnesses such as Headaches, Mononucleosis, conjunctivitis, Diarrheas, Stomach aches and so forth which are most considered health wise.
If we ignore to consider investing what we can afford to loose, we could eventually be negatively affected on our mental faculties which we may never had expected it coming.
There is every possibilities of an investor to go psycho when looses beyond the capacity that their mental health could accept.
Failure to put this as concern and during investment we looses above our limits, we could be at every tendencies to be exposed to heart attacks or mental disorderliness as a matter of unbearable and dispersant shocks.

Sometimes ago, I reached out to my sisters husband on the phone and he sounded so frustrated and strange, while still on the phone, he cut off the call on me and I called severally he ignored the calls.
After some times I called on his wife to express the displeasure of her husband on me and she also said her husband has be acting strange some times now which I make out time and catch up with him as a friend I assumed he is to me.
Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.


Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.

Not going to say you're wrong but those desperate people in my opinion are quiet a few in between, there's not a lot of them over the years, maybe when bitcoin first started pumping in price, it was the case but now at the present times? I don't think that's the case anymore, people have learned and they know exactly that there's risk involved in investments, the people that are desperate for money have stopped coming to invest because they don't want to make the same mistake again, they're the people that have been slandering bitcoin as a dud and the same people that will hear about their misfortune with bitcoin that have the same mindset as them wouldn't even step foot into bitcoin investing in the the first place.