8Mon
The stock market either makes you richer or smarter - never both. 😁
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@Epi
...somehow I'm not sure if the good @justusmerkel258 can see what message is actually behind your answer 🤷♂️😉✌️
...somehow I'm not sure if the good @justusmerkel258 can see what message is actually behind your answer 🤷♂️😉✌️
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8Mon
@Stullen-Portfolio You got it, that's enough for me. 👍
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@Stullen-Portfolio then be so kind as to explain it to me. I bought the coin a long time ago because it was hyped on Insta. At some point I had a little more idea and was no longer so convinced of the investment, but I just held on to it because it wasn't that much money. Now it's up 150%. Please explain my mistake. Without wanting to confront you in any way. If I have made a mistake I want to do everything I can to understand it so please help me. LG
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•@justusmerkel258
Well, in the end, only you can decide for yourself whether a decision was right or wrong. You also have to answer the question of WHEN you draw a conclusion for yourself - just like the question of what you include in your conclusion and what you took into account in the original decision.
-> For example, whether it is really such a good idea to determine the quality of a previous decision by the fact that a decision led to a corresponding return or by how much... it could also be that the information at the time of the decision was not so complete for a decision after all, so that the later development was perhaps more in the area of luck/bad luck, i.e. ultimately more or less random and not repeatable often enough... 🤷♂️
Well, in the end, only you can decide for yourself whether a decision was right or wrong. You also have to answer the question of WHEN you draw a conclusion for yourself - just like the question of what you include in your conclusion and what you took into account in the original decision.
-> For example, whether it is really such a good idea to determine the quality of a previous decision by the fact that a decision led to a corresponding return or by how much... it could also be that the information at the time of the decision was not so complete for a decision after all, so that the later development was perhaps more in the area of luck/bad luck, i.e. ultimately more or less random and not repeatable often enough... 🤷♂️
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@Stullen-Portfolio Thank you first of all! You're definitely right. My conclusion: it was a bad decision to buy such a dubious asset just because it was hyped on Insta. It is questionable whether a conclusion can now be drawn as the position has not yet been sold. I won't sell anything before the Btc halving. However, I didn't even get away with a black eye due to my wrong decision but was lucky (perhaps the Insta rumors were also true). So I can't judge the quality by the yield either. Nevertheless, I don't understand why some people here are so beginner-unfriendly. I was just trying to share my thoughts and possibly get a second opinion. But I did get one and thank you for that 🙏 that gave me another piece of the puzzle in terms of experience.
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•@justusmerkel258
It's true, of course, that experiences are particularly instructive when you have made them yourself. But the experiences of others can also be helpful and instructive = knowledge.
You can also acquire knowledge from others through good reading (which should probably be based on science rather than people on Instagram...).
But knowledge & experience are only one thing, another is your own mindset, i.e. actually trusting this knowledge and acting accordingly and not letting yourself be dissuaded from it again and again by new impulses, news etc...not easy 😎🤷♂️
Greetings
🥪
It's true, of course, that experiences are particularly instructive when you have made them yourself. But the experiences of others can also be helpful and instructive = knowledge.
You can also acquire knowledge from others through good reading (which should probably be based on science rather than people on Instagram...).
But knowledge & experience are only one thing, another is your own mindset, i.e. actually trusting this knowledge and acting accordingly and not letting yourself be dissuaded from it again and again by new impulses, news etc...not easy 😎🤷♂️
Greetings
🥪
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