🚨 Beware the Windfall Effect in Investing! 🚨
The money we work hard for gets treated with care. But unexpected profits? They’re often spent too easily. I learned this the hard way: every time I made gains, I’d buy new coins without proper analysis, only to see those gains disappear.
This is called the "windfall effect"—a tendency to take more risks with profit money, seeing it as “extra.” But money is money, and gains deserve the same careful planning as your original investment.
Don’t let fast profits lead you into risky moves! Remember, discipline and knowledge are key to protecting your profits!