7 Do not invest with emotions.
We hear all around that everyone is investing in a given project and making money. What are we doing? We enter the project as soon as possible without questions. Because we will pass a great opportunity to earn money!
And then it turns out that, in total, we really have no idea what we put the money into. That the results are not what colleagues said, etc.
Trading on the stock exchange under the influence of emotions is the worst harm you can do to your money. Is Warren Buffett buying company shares because they are popular now? No, before he makes a decision, he will get to know the company, learn its pros and cons, opportunities and threats. First of all, he will understand the business model.
What is fashionable is not always profitable. Therefore, before the next investment decision, put your emotions aside, take a step back. Look carefully and then take the appropriate action.