The impact of fear
1. Sell too early
When the market falls, fear will make investors rush to sell their assets. Seeing the price decline and worrying about the loss, they choose to sell as soon as possible. For example, when the stock market plummets, many people will sell out of panic, which will accelerate the decline.
This behavior often leads to selling at the lowest point and missing the opportunity for subsequent rebound.
2. Missing opportunities
Fear often makes investors miss the opportunity to enter the market. When the market is at a low level, they dare not enter the market boldly because of fear of risks. For example, in a bear market, although the price is very low, fear makes them stop and miss the opportunity to buy at the bottom.
When the market rebounds, they realize the lost opportunity, but at this time the price has risen, and the cost of buying again becomes very high.
3. Over-conservative
Fear may also make investors too conservative. They reduce investment, turn to low-risk products, or even deposit all their money in the bank.
Although this reduces the risk, it also misses the benefits brought by the market rise and affects the potential for wealth growth.
In short, greed and fear are the biggest enemies of investment. In order to make steady profits, you must learn to control your emotions and stay rational so that you can make wiser decisions amid market ups and downs.