u/Confident-Way7618

Any painful newbie investment mistakes to share when starting out? And lessons learnt?

Let me start. I am 30 and had invested about 100k and lost about 60k. Do I regret it? No, but was it a painful lession? Yes. Bought CVNA, PLTR, NVAX, FASTLY and few others. Diversified some 20k across few other stocks as well and btc market. Had some rocky marriage at 25 with my first child a year after uni. Was emotionally unstable and took the risk of favoring 50% for btc market investments that was the mistake. At the same time, constant withdrawing and constantly moving funds.

Lessons learnt: Not letting the same mistake slide twice by not letting emotions get over me. Separate emotions with investments. Taming your greed is probably the most important factor.

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u/Confident-Way7618 — 5 days ago