Mistakes I Made While Investing and What They Taught Me

Well, many times in our life we ​​take such decisions due to which we regret later and many times it happens that when we invest, then it is often seen that you incur a huge loss due to which sometimes you get very worried and the only solution to get rid of these things is to lock the thing in which you are incurring loss, no matter how much loss you are incurring, if you keep looking at the same thing again and again then you get even more sad, something similar happened with me earlier also. A few years ago I was investing in some gifts and some shares as well, at that time I did not have much idea about all these things for which I had given a lot of money, that is why I decided to sell them off. You don't remember, it does not happen like this person, I just think that it is possible that after some time the price will increase but usually it happens that the price keeps falling and after you start it, sometimes you get to see a jump in the price also. Many investors' strategy is to hold onto a particular stock or asset for a period of time, book their profits, and then select the next target. But this isn't always easy.

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Well, many times in our life we ​​take such decisions due to which we regret later and many times it happens that when we invest, then it is often seen that you incur a huge loss due to which sometimes you get very worried and the only solution to get rid of these things is to lock the thing in which you are incurring loss, no matter how much loss you are incurring, if you keep looking at the same thing again and again then you get even more sad, something similar happened with me earlier also. A few years ago I was investing in some gifts and some shares as well, at that time I did not have much idea about all these things for which I had given a lot of money, that is why I decided to sell them off. You don't remember, it does not happen like this person, I just think that it is possible that after some time the price will increase but usually it happens that the price keeps falling and after you start it, sometimes you get to see a jump in the price also. Many investors' strategy is to hold onto a particular stock or asset for a period of time, book their profits, and then select the next target. But this isn't always easy.

Actually, very few people invest, but those who do invest, they also think that if they invest some money in a particular stock or crypto, they will become rich, but see, it does not happen like that, first you have to choose where you are going to invest your money and remember how reliable the place where you are investing the money is, if you invest anywhere with your eyes closed, then it can prove to be a loss for you. This has happened to me several times, and now I do a little research before investing. I'm no expert, but I still watch the news and gather a little information about the subject, which helps me recover some losses or sometimes even turn a profit.

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If you live in India and have multiple Kripa accounts then what I mean to say is that if you have an accountant in your multiple exchange then you should check if you are incurring any fees from it. Last year I closed my account on Zeb because the fees were increasing unnecessarily there and yesterday I got an email from Wazirx also, it is also quite popular and now people do not trust it as much as they used to and the thing is that that company is cheating people. This is not a good thing, now I am trying to lock all my old software accounts which are of my friends and I am bringing them to one platform which is Binance which I like very much and it is also very easy to do everything from there.

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If you have an account with multiple exchanges, you should check if you incur any fees. If you have to do this, you can move your crypto to another exchange where you don't have to pay fees, and you will incur very few fees. If you move your friends from here to there, you can see which funds will incur significantly lower fees. You can transfer your friends to another exchange by converting them to the same exchange. And keep in mind that when you are doing this, the address you have is very close to yours. Enter it carefully or you can also do this, which significantly reduces the chances of an error and then you can use your funds. And in such a situation, recovering your assets becomes difficult, or should I say almost impossible, if you enter the wrong "Just Dial" option.

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