Also consider your mental State of health while investing for wealths. - page 4.

AnonBitCoiner

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Quote from: Cryptoprincess101 on May 04, 2024, 09:21:00 PM

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.

Actually they don't know how to handle their source of income and how to choose the investment opportunities therefore they become mentally disturbed when they see that their investment is going to fail to make them wealthy. If a person is mentally prepared then he can overcome the risks that are must present in any investment opportunities but if he is not mentally active then risk becomes double for him.

You should be mentally prepared that loss can also occur and you have to tolerate it but if you cannot bear the risk and your loss then you will not maintain your investment with care and all of your decisions will be based on the wrong concept and emotions.

johnsaributua

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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.

God bless u

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Quote from: EluguHcman on April 17, 2024, 08:11:59 AM

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.

I think that's the most powerful side effect of businesses that you have to manage many things while you're doing your own business. In 9 to 5 job you are working as a worker for someone's business so you don't have any worries of its profits and losses.

But taking tension is not always negative because it'll come out much richer for your when you'll do it in the right direction.Maintain a balance between your health and business.

Scarlett_23

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Investing is very risky, but without investment one cannot expect success in life. The history of growing up with risk can be understood from the lives of big businessmen or millionaires of the world. However, investment should be considered if the demand for the product is high or the business is time-sensitive. I am working on a product that has no customer acceptance or is backdated. There is no profit in investing there. If you invest according to demand, you can expect something good two days before or two days later. I know a person who invested a lot of money in a platform but it crashed after few days of investment. Gentleman's portfolio is decreasing day by day. I thought he would break down mentally but his risk taking mentality is very strong and he was very patient. But it is true that business is based on assumptions and here failures can happen. If you think about failure and stop investing, the door to success in life will be closed. One day success will come from failure. But for this you must be strong minded and physically fit to accept whatever the situation may be.

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Quote from: blckhawk on May 04, 2024, 04:22:54 AM

Quote from: Haunebu on April 30, 2024, 09:52:46 AM

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.

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.

I think it's quite obvious that people who are desperate for money, should not be risking their money things that they can't wait for a while. I mean this is a long term investment and not short term solution, if you have some debt in your name and you want to pay it, go and getting some memecoin for example for a quick gain, would only end up losing you what you have as well. This is why I believe that we need to be careful with what we do, and that should be the most important thing.

I believe that we are not going to end up with anything marginal, just realize that we are going to end up with poor people making poor decisions, and that is why there are many desperate people who do the wrong thing and look for short term quick gains.

Cryptoprincess101

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Quote from: EluguHcman on April 17, 2024, 08:11:59 AM

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.

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.

oktana

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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.

jrrsparkles

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The subject about mental health has been a taboo subject to discuss until very recently, we still actually not that advanced in terms of analysis and diagnosis of mental health talking from experience who visits them once in a while. But it's essential cause not just physical health isn't what being healthy about. On the other hand maintaining good physical health can get rid of all the mental stress and other common things that we may go through everyday.

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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.

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Quote from: dezoel on May 04, 2024, 05:51:03 AM

This is true because we are dealing with something that is filled with stress, at least for most people and that is why it is not that easy to make sure that you could just stay calm while you need to stay calm. If you are going through some rough part of your life then trading on top of that could cause you to have bad reactions to some mistakes and cause you to make even bigger mistakes as well resulting with you making even bigger loss too, which is why it is understandable that people need to feel better before they could start trading.

I personally also suggest that if the stress becomes too big, then taking a break also helps as well. You do not have to be going through a rough time, if trading becomes a chore and not something you enjoy doing then you better end up taking a break.

While trading can be highly profitable and can help us achieve financial success, but know that it has also a lot of risks that any beginner trader may find it hard to overcome. So if that’s the case, that would mean putting your mental and emotional state at risk.

This is the reason why one should not trade or invest if he is not good and capable enough to manage his emotions and mental state. Otherwise, he’ll end up with mental and emotional distress that could lead to personal breakdown due to his own greed and personal interest.

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Quote from: Maslate on April 17, 2024, 04:20:56 PM

Quote from: Alpha Marine on April 17, 2024, 03:08:33 PM

Health can never be overestimated. Unfortunately, mental health is overlooked. When people experience a loss from a financial investment, they usually just deal with it in their own, nobody really thinks of the fact that it can affect them mentally.
That we why we have to always advise that people should invest what won't wreck them if they lose.
Investments are risky, and some are even more riskier and more volitile than the other. We have to take our health seriously.

Asides from that, some people prefer to save and invest instead of taking care of themselves. I know that saving and investing is good but also take care of yourself. Eat healthy and exercise. What's the point of having savings if you're not healthy enough to spend it? A vacation does a lot in refreshing your body. If you have the money plan for it. Find ways to be happy. Don't just put all your money in savings or investment while you can't take care of yourself.

When one turns to be more greedy with money, that’s where ignoring of mental health might also takes place. This really happens to a lot of individuals, it’s like they find it hard to balance their mental health and financial health aspects. While health is wealth, but for them the real wealth is having to gain multiple profits from different investments, and that’s where mental health becomes at risk. Not realizing that if one fails in his mental and emotional aspects, one will certainly not succeed in all his wealth attempts.

This is really what will happen if we are not taking mental health into consideration when it comes to dealing with investments because these two should come alongside each other. Greediness is one of the most common factor that destroy ones goal just because of indiscriminate or undisciplined mindset in accumulating owns wealth. As we can see around us here in this crypto community that no doubt if we are not mentally fit we will be making stupid and wrong decisions in all that.

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Quote from: EluguHcman on April 17, 2024, 08:11:59 AM

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.

When it comes to investment then this is something that you should really be having in mind is to consider out that on investing on the amount on which you can afford to lose. Expect the unexpected because this market is always been that unpredictable. We do know that investment comes on different forms or types but in overall we do really be still considering that risks involved would be there.
When we do speak about mental state then its something that would really be recommended that having that control not only with your mind but also with your emotions.
Just dont make yourself that in rush because you would really be having that potential problems.

Jody.Drummer

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Quote from: dezoel on May 04, 2024, 05:51:03 AM

This is true because we are dealing with something that is filled with stress, at least for most people and that is why it is not that easy to make sure that you could just stay calm while you need to stay calm. If you are going through some rough part of your life then trading on top of that could cause you to have bad reactions to some mistakes and cause you to make even bigger mistakes as well resulting with you making even bigger loss too, which is why it is understandable that people need to feel better before they could start trading.

I personally also suggest that if the stress becomes too big, then taking a break also helps as well. You do not have to be going through a rough time, if trading becomes a chore and not something you enjoy doing then you better end up taking a break.

Of course, all things related to profits or losses which essentially involve finances can make us stressed if we ourselves are wrong from the start, when they experience losses or lose money and when they cannot accept it, it is very possible that it can be stressful. If you are experiencing or experiencing problems in life, it is best not to trade, because confused thinking can make us take actions that are not considered, possibly taking careless actions that can ultimately harm ourselves.

If we are indeed experiencing a problem then what we have to do is rest and think about a way out of the problem that is occurring. it is impossible to continue what is being done, especially if our condition is not well, it could possibly cause us to experience more serious problems.

dezoel

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This is true because we are dealing with something that is filled with stress, at least for most people and that is why it is not that easy to make sure that you could just stay calm while you need to stay calm. If you are going through some rough part of your life then trading on top of that could cause you to have bad reactions to some mistakes and cause you to make even bigger mistakes as well resulting with you making even bigger loss too, which is why it is understandable that people need to feel better before they could start trading.

I personally also suggest that if the stress becomes too big, then taking a break also helps as well. You do not have to be going through a rough time, if trading becomes a chore and not something you enjoy doing then you better end up taking a break.

blckhawk

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Quote from: Haunebu on April 30, 2024, 09:52:46 AM

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.

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.

eightdots

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Quote from: Richbased on May 04, 2024, 03:08:59 AM

Quote from: GeorgeJohn on April 28, 2024, 04:18:13 PM

I so much like this topic because some people does not know that investment is all about risk and if you are not healthy enough you cannot be able to withstand the pressure that come from day disadvantages aspect of investment sometimes when investment goes wrong and it will happen to someone who is not a heavy enough to control the loss that manifest for the business the person can die as a result of depression that is why he need to be health okay before you inventure into a business

Likewise me, am very much interested in this topic because with the nature people go about their businesses without giving attention to their health is very dangerous, so many people all over the world today are just so interested in making money and nothing else even when their body system isn't sound enough but yet they ignore it and stress the brain so much that it affects the whole body and most of the cases of cardiac arrest is due to stress that is encountered by the brain. Some people don't even have time for their selves anymore because as they sleep and wake up their mindset is focused on making money thereby not giving their health priority.

It is important to note that no matter how wealthy you become from your investments and you don't have a good health, it will affect you both physically and mentally such that there will be time when you may break down totally and will be difficult to help yourself at that point. Even as we're seeking for a wealthy living let's give our health utmost priorities.

It is necessary to have the psychology to handle this situation when investments go wrong. Otherwise, it may be necessary to deal with bigger problems. Investment always involves risk, so it is unreasonable to consider investment independent of risk.

When you are only interested in making money, you may have overlooked many things. Doing so will lead to mistakes and negative health consequences. Everything has its own order, so markets also have their own order and risk. Acting with awareness of this risk and order, that is, the functioning, always leads to taking stronger steps.

Richbased

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Quote from: GeorgeJohn on April 28, 2024, 04:18:13 PM

I so much like this topic because some people does not know that investment is all about risk and if you are not healthy enough you cannot be able to withstand the pressure that come from day disadvantages aspect of investment sometimes when investment goes wrong and it will happen to someone who is not a heavy enough to control the loss that manifest for the business the person can die as a result of depression that is why he need to be health okay before you inventure into a business

Likewise me, am very much interested in this topic because with the nature people go about their businesses without giving attention to their health is very dangerous, so many people all over the world today are just so interested in making money and nothing else even when their body system isn't sound enough but yet they ignore it and stress the brain so much that it affects the whole body and most of the cases of cardiac arrest is due to stress that is encountered by the brain. Some people don't even have time for their selves anymore because as they sleep and wake up their mindset is focused on making money thereby not giving their health priority.

It is important to note that no matter how wealthy you become from your investments and you don't have a good health, it will affect you both physically and mentally such that there will be time when you may break down totally and will be difficult to help yourself at that point. Even as we're seeking for a wealthy living let's give our health utmost priorities.

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Quote from: Haunebu on April 30, 2024, 09:52:46 AM

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.

Many are too focus about the money side and forget this part when it comes to investing as if they are more confident about what they are doing without doing any big effort to analyze the situation. Having a good mental health can bring you into a better place and help you decide not just in investing but also in your everyday living. Investing can be very stressful and if you allow such stress to cover your brain then that could be a for your investing decisions, again we also have to learn to control our emotions and be more wise.

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Quote from: EluguHcman on April 17, 2024, 08:11:59 AM

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.

You will see how wealthy men go to check up on their BP every week and also check for Hepatitis B and you will wonder why rich men get all this sickness, but when I brainstorm about life, I just think they were busy doing things that will make them healthy and forget about taking time for their health until it become so critical before they go for check ups and it alwsys late. It surprised me that you hardly see a poor person with cancer though, it's really astonishing.

Either poor or rich, invest in hour health. Take time to exercise and take time and go for check up. If you have a surgery and the doctor advice you to do it, the earlier the better don't wait till you are old because the chance of survival is always low and lastly, please enjoy your wealth because you don't know when you might die, we only live once.

wmaurik

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Quote from: Haunebu on April 30, 2024, 09:52:46 AM

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.

Even though it still seems to be a minority of what you have seen so far, I think as long as it doesn't harm any investor's mental health more, there is no problem for them to continue investing. Because over time this will also be taken into consideration when every investor gets used to investing in assets that they consider quite good so far, although I also agree more with what you said. Because it will also help them more when they consider their own mental health when investing in anything.

Topic: Also consider your mental State of health while investing for wealths. - page 4. (Read 1312 times)