Cyanase
Cyanase
February 20, 2025 at 06:50 AM
*Mistake 2: Making Emotional Decisions* Investing based on fear, excitement, or market hype instead of research. Many people panic and sell investments when the market drops or buy when prices are high due to FOMO (Fear of Missing Out). *How to Avoid It:* • Stick to your investment plan, even when markets fluctuate. • Avoid reacting to short-term news, focus on long-term growth. • Make decisions based on data, not emotions. Forexample: In 2020, many people sold their stocks in panic when markets dropped, only to regret it later when the markets rebounded.

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