Do You Regret Most Of The Failed Investment Decision You Made?
Well, this is a tough choice for me because for every failed investment decision I made I had something to learn from them. So I won’t say I regret them, and at the same time I wished I learnt them without having to lose some money, but is that possible? I have noticed that we humans usually feel we are special, we feel we are unique and we are different from others. This is why we do things sometimes even though we know the risks. Take for instance, you know the risks of investing in NFTs or memecoins, or some high risk investment, or rather let’s say gambling, but we do them any way because we some how feel like just may be it might work out for us even though it didn’t work out for other people.
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I can remember when I wanted to start my crypto journey, someone told me not to think about it because it was too risky, but the feeling of uniqueness kicked in and I decided to try it out. Don’t get me wrong it’s not a bad thing want to experience some risk yourself regardless of how risky you think it is. Sometimes it works out sometimes it doesn’t but at the end lessons are learnt. While thinking of this topic, I tried to think of all the investment failures I had in the past, and all of them came with a lesson.
My first “investment” was sport betting also gambling. It’s an investment with very high risk. I think the risk is 95% chance that you will lose your money, or rather, 99% chances that you will lose your money. I learnt the hard way, after few months of gambling and sport betting, I decided it wasn’t for me and learnt my lesson. Which is, do not sport bet or gamble because you will lose. Your losses will always be more than your wins and you will have a gambling problem that you will spend so much trying to feed.
Then later went to network marketing investment and also learnt a lot, those are pyramid schemes that deals with you convincing people and I am not down for that. I did a lot after and realized that crypto is actually the only fair one for me. Because the technology is great and sustainable. Even though I have lost some few dollars in crypto, I have learnt my lesson still and will confidently say, I don’t regret all my finically investment failures because I learn from them. The money loss is the tuition for the lessons learnt. What a life.
Posted Using LeoFinance Beta
Haha "tuition" 😄 that's a great way to put it. I definitely paid my tuition in DeFi and am now a little less dumb because of it. At least that's what I think.
I have 2 coins I hold now: HIVE and Bitcoin. Boring? Maybe. I'm not in a rush.
yeah, fast profit coins are really risky. sometimes the risk is thrilling but like you said, i am not in a rush
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