Pages:
Author

Topic: Also consider your mental State of health while investing for wealths. - page 7. (Read 1304 times)

legendary
Activity: 1904
Merit: 1563
Should we ask ourselves what will happen if we lose everything? I think yes. From the very beginning, you need to lose the whole situation with losing money. If we consider everything in advance, then there will probably be other plans, like plan B. But yes, people with an unstable psyche, even those with free capital, better take care of their health, because someone who cannot cope with stress will make a lot of mistakes if troubles take him by surprise.
You want a better alternative to do this that's more faster and I can guarantee you would make you not worry about losing anything anymore? Try losing everything, see what it feels like and when you've been driven to a corner where you really got nothing to lose, maybe you can find a way to not worry too much about stuff, you've been at the rock bottom so it's not going to make you panic when it hits you back again. That's just my two cents though, I feel like it's not going to work on other people, if we want to learn all, we must empty everything first right? If you're having issues with your mental health in regards to what you're doing with investing, you probably would do better if you seek a mental health professional help.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿
Should we ask ourselves what will happen if we lose everything? I think yes. From the very beginning, you need to lose the whole situation with losing money. If we consider everything in advance, then there will probably be other plans, like plan B. But yes, people with an unstable psyche, even those with free capital, better take care of their health, because someone who cannot cope with stress will make a lot of mistakes if troubles take him by surprise.
hero member
Activity: 2058
Merit: 710
Oh yeah that is it. Put your mental health in considerations in that aside your investment you still have to be mentally stable and you should also understand that slight risk taken in your investment which your emotions can not bear can ruin your life where the disappointment of your investment results to a disorderliness of your mental state of health.

Right about it you would be on two list counts which would be your investment list count and your mental lost counts.
Mental health also needs to be well maintained by every investor who has invested more with quite large capital, because this condition is usually not easy for investors who have recently started investing. So there are times when they will feel chaos within themselves when they are unable to control their emotions and thoughts to let go of their investment in a loss condition, even though when they see a loss, every mental and emotion must really be tested well so that they don't let go of their investment and become a loss.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!

What did we expect? Mental health has been always overlooked by most often pushing it to the side and saying that it is not real and all we need is a little more determination and motivation but it is not that easy. We need to build perseverance above all especially when we are dealing in high pressure environments.

I think we have come a long way in modern times. There is more of an awareness & acceptance of mental health issues now. There is a slogan, ‘its ok not to be ok’ which I think is a good statement regarding mental health issues. Regarding the statement in the OP though, obviously you shouldn’t make investments & take risks when you are not in a good place mentally, it could have disastrous effects.
Mental health issues are not new anymore since everyone is already aware of that. That it should not be ignored but given high priority above other issues, otherwise you might only regret and face a lot of consequences in the end. I guess this is what OP means, mental health is our first wealth, if you can't treat it right, you will never be wealthy in the other means.
sr. member
Activity: 1106
Merit: 398
Duelbits
Financial pressure and stress can sometimes be the catalysts of significant mental health concerns. Our mental health, however, is just as worthy of an investment as our finances are. We should always take into consideration our risk tolerance and capacity for losses before engaging in any investment endeavors. Failure to attend to one’s state of mind may lead to severe repercussions that can even be life-threatening.

You need to be aware that stress and failure associated with investment may lead to the development of heightened anxiety levels, high levels of stress, or even depression. But we must be able to know our own boundaries and take steps that will allow us not only to care for our mental health but also to consider contacting a specialist if necessary.

It is a great lesson from the story you narrated about someone facing mental health problems when they lose their investments, which demonstrates that possessions are not of primary importance but our sound mind is. We must at all costs value our well-being above anything else.
full member
Activity: 448
Merit: 202
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.

The main cause of all this is what we call risk management, which involves knowing how to fit into any risk before you can decide whether to go into it or not. There are certain risks that are meant for people based on their financial status, and that doesn't mean if you try to fit into the risk, you won't succeed. No, but it will have just less possibility for you to succeed in the risk, which is the same as the risk that your in-law takes.

If he focused on going for the risk based on his income, he would not be in the situation that he is in because he will not have to accumulate any debt. The main problem that will be disturbing him and make him start acting strange is due to the money that he is going to pay because if he only lost his capital, he would have the strength to lend some funds and raise his business, but with debt, he cannot do that because he needs to pay the former debt before he can get another one, and there is no source to get that, so that is capable of making him mentally ill.
full member
Activity: 560
Merit: 161
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.
Health is the paramount thing in life, even health itself is wealth . It is so bad when people neglect their health to take good care of themselves. People just think it is just all about money, yes money is important but that doesn’t mean we need not to put our health as the first priority.  When the mental health is in good state atleast one can be able to go after wealth but if the mental is not proper it is impossible to even go after wealth instead  it can make one to even lose more money.

That is why it is important for one to always check if the health is in the right state because when one manages the health for a longtime without proper care when it breaks down it can be very severe that might lead one to spend lot of money or even lose life.  Health is wealth and it is only good health can give the money you want.
sr. member
Activity: 504
Merit: 254
~
Consider your mental health so that you can manage your situation, not so that it discourages you from investing.

Knowing your problem is the first step to handling it.

Understanding your mental health will make your more careful not to take as much risk as those who are more mentally stable.
Oh yeah that is it. Put your mental health in considerations in that aside your investment you still have to be mentally stable and you should also understand that slight risk taken in your investment which your emotions can not bear can ruin your life where the disappointment of your investment results to a disorderliness of your mental state of health.

Right about it you would be on two list counts which would be your investment list count and your mental lost counts.

member
Activity: 378
Merit: 66
Axioma Holding - Axioma Pay Crypto Card
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.

One way of solving depression problems is by talking to who we comfortable with or anybody that is just willing to listen. Depression makes people not to think straight so it's best to just speak with someone at that very moment. I suggest you advice him to calm down because failure is part of life and it's something that can not be evicted in any successful business. Before any business man can become very successful, they must have face so many challenges and failure but they become successful because they learn from their failures. Always be around him to comfort him and let him also speak to his wife about it. Maintaining a good health is our responsibility and in anything we do, we must keep in mind that we can achieve anything after death.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform

What did we expect? Mental health has been always overlooked by most often pushing it to the side and saying that it is not real and all we need is a little more determination and motivation but it is not that easy. We need to build perseverance above all especially when we are dealing in high pressure environments.

I think we have come a long way in modern times. There is more of an awareness & acceptance of mental health issues now. There is a slogan, ‘its ok not to be ok’ which I think is a good statement regarding mental health issues. Regarding the statement in the OP though, obviously you shouldn’t make investments & take risks when you are not in a good place mentally, it could have disastrous effects.
Right, mental health issues are now highly addressed these days, but despite that majority still put their health next to their wealth accumulation because for them, you can’t be in good health as well if you don’t have the money and fortune that everyone is dying to have. While health is wealth, but still people would never think that way, in fact they still have to experience anxiety and depression before they will be able to prioritize their health over their greed with wealth.
legendary
Activity: 1456
Merit: 1108
Use chips.gg
~
Consider your mental health so that you can manage your situation, not so that it discourages you from investing.

Knowing your problem is the first step to handling it.

Understanding your mental health will make your more careful not to take as much risk as those who are more mentally stable.
legendary
Activity: 2688
Merit: 1192
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.

It's a good point you've made. True investing comes from a place where you are looking for realistic returns, which are historically going to be closely aligned with the average returns from the stock market. That's roughly in the 8% range and has been falling over time, although it can definitely fluctuate. Anything above that and you start to enter riskier territory, where you may end up losing money. Many people are simply unequipped for investing in riskier assets when they don't do enough research and educate themselves around the dangerous. A true investor should be happier when the asset they own falls in value, because it's an opportunity for them to buy even more for cheaper, if they expect it to go up in value in the longer term.
sr. member
Activity: 1022
Merit: 277
★Bitvest.io★ Play Plinko or Invest!
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.

It's important for people today to be able to save or have investments even though their health status has been compromised, I also don't know why there are many people today who ignore their health even if they feel something is wrong, I'm one of those people, even though I know something is wrong with my body or mental health, I always set it aside because I'm so busy in life, but that shouldn't be imitated, we should always prioritize our physical and mental health, because when we get sick, anytime the money we have saved to pay for hospital bills can be used up by chance.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
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.

It could be that when they only think about or only pursue wealth, there is a possibility that little by little they can forget about their health, even though they should still pay attention to this, because I think "health is expensive".
  I think that if they chase wealth or profit too much, it can affect their health, whether it's because they forget to rest because they only think about wealth that they have to pursue. It is not recommended that we ignore our health.

in any activity we must be able to pay attention to our health, don't let us be busy doing other activities and have dreams such as wealth but this actually affects our own health. Balancing everything must be done so that everything runs smoothly.
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
The reality of today's world is people have to give up a huge chunk of the other aspects of their life in the pursuit of wealth most times to only break even. This is true for counties with higher and lower standards of living;

• In some countries you are burdened with thousands of dollars worth of loans before you even get your first job and have to spend the next 30-40 years paying that back while trying to stay afloat wit right sing cost of living.
• In poorer countries education, health and other amenities are cheaper but of lower standards and opportunities are very few, so you still have to work 30-40 years to make a modest living.

It is almost impossible to ask people not to chase wealth aggressively. Addictive behaviours like gambling and high risk investments should be avoided at all cost, but other aspects of daily living is enough to take a toll on one's health.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino

What did we expect? Mental health has been always overlooked by most often pushing it to the side and saying that it is not real and all we need is a little more determination and motivation but it is not that easy. We need to build perseverance above all especially when we are dealing in high pressure environments.

I think we have come a long way in modern times. There is more of an awareness & acceptance of mental health issues now. There is a slogan, ‘its ok not to be ok’ which I think is a good statement regarding mental health issues. Regarding the statement in the OP though, obviously you shouldn’t make investments & take risks when you are not in a good place mentally, it could have disastrous effects.
hero member
Activity: 868
Merit: 952
Investing your life savings is never a good idea no matter how good an investment is. Still, some people are simply too careless to understand this and act wisely when making investments, and this is mostly because their minds get overshadowed by greed. They lose the ability to think critically about the situation and the future outcomes and consequences of their investment in case it doesn't turn out to be successful.

This is definitely what make people lose in the process of investment. No matter how a business is portrayed to be is there is still that percentage of loss in the said business, if not everyone will actually invest into that business. Take for example this bitcoin investment, many people have conviction that no matter how dip it goes as long as you hold for a very long time the market will appreciate later and the price will go up base on past history of the coin. But yet you will see many old and experienced investors always ditching out advice that you Should invest what you can afford to lose.

This advice span across every other investment. Using an amount that wouldn’t hamper your ability to move forward In case of collapse of the business will grant you better physicology of holding up even at crisis.
sr. member
Activity: 1204
Merit: 290
Investing your life savings is never a good idea no matter how good an investment is. Still, some people are simply too careless to understand this and act wisely when making investments, and this is mostly because their minds get overshadowed by greed. They lose the ability to think critically about the situation and the future outcomes and consequences of their investment in case it doesn't turn out to be successful.

Someone who makes investments does it so that they can have an extra source of income and investments should only be done if there is money kept idle that isn't for savings or anything and one wants to utilize them so that they can earn some money with them instead of keeping them idle for long. No one invests money or starts businesses with it if they can't afford to lose it because investments and businesses can fail sometimes and if you can't digest that, you shouldn't do it in the first place.
hero member
Activity: 1512
Merit: 874
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 a lot of people realize this but investing requires a crazy amount of focus and determination.

You can not start investing with your mind all over the place. You need to gather your wits, create plans appropriately and make decisions under pressure. You have to be able to stand your own ground whenever there is talk around you. It is fomo you have to deal with alongside fud.

Moreover it doesn’t stop there because whenever something goes wrong, you also need to be able to bounce back from that and do what is right to save as much as you can.
It's true, it's also very important not to be excessive or greedy in investing, I think that's also part of what we need to pay attention to in order to minimize the amount of risk we face. However, we cannot control the market, but we can learn to adapt to the risks involved, and long before we decide to invest we must be prepared to lose some money. Why be a millionaire if our mentality is damaged, our emotions are disturbed and we don't live in peace as a result of investing. Of course, we can control all of this by setting certain boundaries, we also have to be prepared for all the risks that arise in the future.

Learning and continuing to learn and adapting to circumstances is the best way to get back up if one day we experience a loss. The toughest test of our mental health is during the period of losing money, how we respond to it and how we should manage our emotions. However, I believe that people who invest, whatever it is, are very prepared for all the risks involved. Keep using the cold money we have, which if we have a bad day it won't destroy our mentality.
sr. member
Activity: 2338
Merit: 365
...

Good health always bides good luck and positivity, while an emotional unstable person will always have more negative returns and be less productive, that it affects others in proximity.

Not only in the crypto world to maintain our mental health, but in all things we have to maintain it, because by having a healthy mentality we tend to do positive things and also in analyzing all forms of problems it will also be very good and have a positive impact.

Every day we are faced with various life problems and we will be very lucky if we are able to overcome them with a healthy mental and physical condition. If our body is healthy then positive thoughts will emerge, this will make us even more enthusiastic about making money, of course.

A healthy mentality will also feel inner peace and increase confidence, so that what we go through is always good at making decisions and mapping every problem in investing, we will be freer, when we fall in investing we will also be better prepared because investing in the crypto world, if we fall, it could be the worst. base.

That's right, successful people and also great investors, they all have healthy bodies and mental health so they can make good decisions, in contrast to those who don't have healthy bodies and mental health, their lives are definitely chaotic.
Pages:
Jump to: