Crypto Investor Mindset

Principles for Avoiding Mistakes in Thinking When Investing in Bitcoin and Cryptocurrencies

Autor*innen

• Wolfgang Fallmann

Parameter

• 154 Seiten
• 6 Lesestunden

• Business & Management
• Handel
• Persönlichkeitsentwicklung
• Psychologische Thematik
• Sachliteratur

Mehr zum Buch

Your portfolio was thriving, but then you lost everything. Do these scenarios sound familiar? The share price skyrockets, and you fear missing out, so you jump in at the peak. When the price drops, you see your losses grow. You sell at the lowest point, just before a recovery, realizing significant losses. Such situations stem from human emotions like fear, greed, and hope, leading to repeated mistakes and painful losses. Despite recognizing these errors, understanding their root causes can be elusive. This resource offers clarity! Expect to maintain a realistic market perspective, avoiding poor investments. Grounded in decades of scientific research, you’ll learn how to respond appropriately to various situations. Simple rules will empower you to react swiftly without needing extensive research. You’ll discover over 30 unconscious errors that often lead to bad investment decisions. Many investors lose money due to flawed reasoning and emotional decision-making, resulting in predictable mistakes. This guide aims to help you minimize losses, make better life decisions, and avoid costly errors driven by fear, greed, or hope. With the insights from this resource, you can enhance your investment returns and recognize when you’re about to make a detrimental choice. Take control of your financial future!

• Sprache: Englisch
• Erscheinungsdatum: 2020
• Einband: Paperback