Investing - a test of mind over emotions

When it comes to investing, whether in stocks or in crypto, I'll be the first person to put my hand up admitting that I've gotten into this trap more than once, letting my emotions dictate my trades rather than a sound plan and reason.Looking back at my investing history, I'm usually pretty good at picking out winners long term, but the thing is that way too many times I've panicked and sold when there was some unforeseen market event, or was simply shaken out when the stock/crypto dumped, only to see it get to multiples of where it was months or years down the track.

I've learnt many of my lessons the hard way, but I think I'm stronger as a result, although sometimes I still make the same mistakes.

But what I'm trying to say is that whether you are invested in stocks or crypto, more so crypto, now isn't a good time to panic sell. When there is blood on the streets, that is often the time to buy, especially after the bullish sentiment since the start of the year.

That is exactly what I did, buy the dip, although I wish I had a bit more fiat to put into some crypto at the moment.

Mind over emotions, that is the ultimate test when it comes to investing.

Posted via Steemleo