We should not treat investing like weβre playing slot machines. π
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Wishing at 11:11 isnβt a method. Hope is π»πΌπ a strategy. β
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Here are some mistakes you could be making and what you should be doing:β
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β Jumping on the Tesla stock band wagon β
So and so says β Tesla πͺπ΄ π³π¦π’πππΊ π©π°π΅ π³πͺπ¨π©π΅ π―π°πΈ, βπ π΅π©πͺπ―π¬ πβππ π€π©π°π°π΄π¦β¦. ππππ π°π―π¦!β If youβre making stock choices based on what friends told you to invest in just so you donβt have FOMO, I highly urge you to go back to the drawing board.
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β Buying and Selling like a day trader β
Stocks have good and bad days. Selling stocks on one bad day could be extremely counterproductive especially when you see it go up the next day. Trying to win like a day trader wonβt get you to your goals.β
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β Going all in for bitcoin β
If youβre βgoing all inβ with the intent to get rich quick, your investing journey will soon be cut short. With all your money banking one thing, your investments will be subject to high volatility.
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Each issue can be solved by one word. ππππππππ. πβ