7 common mistakes in investing that you need to avoid:
1. "All-in" due to overconfidence: Putting all your capital into one place can lead to significant losses.
2. Cutting losses too early: Market fluctuations are normal; don't let fear hinder opportunities.
3. Not taking profits at the right time: Greed for more can cause profits to vanish.
4. Making decisions based on emotions: FOMO often leads to major mistakes.
5. Hesitating at a good price, buying at the peak: Hesitating when prices are low and rushing in when they are high can easily lead to buying at the top.
6. Putting in little expecting to gain a lot: This mindset often leads to heavy losses.
7. Greed leads to total loss: Small but sustainable profits are still better.
Advice: Investing is a long game. Don't let emotions control you and always maintain discipline with yourself!