However, whether you're investing or starting a business, you need to accept that you might lose that money the moment you put it in. Put in 100% effort, but don’t get too caught up in fantasies. The outcome will be a natural result of your hard work.
Especially when we invest in the cryptocurrency sector, a market full of volatility and scams. One thing I see is that people are too optimistic and somewhat subjective in thinking that investing in bitcoin is risk-free in the long term. It is true that bitcoin is the safest and best investment in the market but it would be wrong to say that it is risk free. Even century-old investments like gold, real estate or stocks have risks, so it would be naive to think that an asset that is only 16 years old is risk-free.
I agree with you, we should be realistic, not delusional and not too subjective when it comes to investment and business.
Expect the unexpected as always on which this would really be the typical thing that you would really be able to encounter on the moment or time you will be dealing up with this volatile space.
You should really be that anticipating for the worst things to happen and you should really be that prepared for that. Always set back up plans whenever your initial analysis had failed out which is really
that very common. Lower up your expectations and never ever make yourself that being too positive because it will really be just that bringing out that kind of disappointment once the market
wil lreally be opposing into your positions on which this is really that commonly happen, and this is something that you should really be that prepared on this case.
It would really be that needing up that kind of adjustments on the time that you would really be dealing up with this volatile space. Make yourself that versatile and would be able to make out adjustments
on which it will really be that normal that you will really be experiencing these kind of potential change of plans due to that sudeen price increase or decrease. No one really knows on what would happen
in the market on which it will really be that a normal approach that you should really be making out those recommended steps and control of emotions on the moment that you do deal up with this space.