The Difference Between Investing and Speculating


It's mainly about your mindset when the asset is falling.
If you want to sell, it means you're speculating.
If you want to buy, it means you're investing.
Most people want to sell.
Chasing gains and panic selling are human nature.
But to come back to the point,
If you can't handle a 50% drop in an asset,
you shouldn't buy it.
Investing is very difficult.
Actually, speculating is even harder.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments