Everyone love investing being hyped but forget to close the deal to grab profit in cryotos, nd they become restless an out of patient when market starts crashinh and sell their assets in loss.
And this how the patient and clever people double their asseats in the lonh run🤔
Posted using LeoFinance Mobile
Yep, you remove the emotion and understand you have to sell to turn a paper profit into a real profit and you'll do very well.
I watch Billionaires and hedge fund managers on youtube talk about investing and the mindset required, etc and if you can copy what they say, it works.
Warren Buffets' top advice is to invest in the SP500. It earns on average 8% per year, inflation is roughly 3-4% per year so you're increasing your spending power over time.
Hedge fund managers' target to beat each year is the SP500 and most of them fail as it's hard to beat the market.
Posted Using LeoFinance Beta