Investment Psychology | Are you investing, or just waiting for a miracle?

I want to ask a very direct question.

Before you buy into a coin, have you truly researched it?

Or is it just because you saw someone say, “It might go up tenfold”?

If your only investment rationale is “I hope it will rise,” then once the price drops, you’ll easily lose confidence.

Because you don’t even know why you bought it in the first place.

Investing doesn’t necessarily have to be very complicated, but at least you should know:

What are you buying?

Why do you think it’s promising?

Under what circumstances would your judgment likely be wrong?

Without a plan, investment ultimately often leaves nothing but praying.
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