At What Point Did You Realize You Have The Investor Mentality?

Being called a crypto investor sometimes can make me feel overrated because I haven’t made as much money as expected to be referred as a crypto investor. But when I have a deep thought on it, I can’t help but ask my self, what skills do I really posses to classify myself a crypto investor? What skills do you think an investor need to have to be a successful investor?

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As a crypto investor, I find myself doing a lot of deep research, I spend hours researching on projects I will invest in that will make me a lot of money. I find myself sacrificing a lot of my free time researching, before crypto, I used to spend a lot of time watching movies, but I find myself doing that with research now.

On my humble journey of trying to be a successful crypto investor, I have realized that networking is one of the best ways to be successful in crypto investing. No man is an island, we need each other one way or the other, Information and opportunities can be spread amongst people, and if you don’t know, you don’t know. So it’s always advisable to have a networking skill, this way you don’t miss out on opportunities. People pay a lot to be in private group chats, it is believed that you get good quality information from paid group chats but I have never paid to be in one before. Hive has given me the opportunity to network with some great people here and I am grateful for the opportunity.

As a crypto investor you have to always have risk management at the back of your mind, because investment can be as addictive as gambling. Throwing your money into something that seems like a great opportunity to be rich can be really addictive. Developing a skill that will help you manage your risk so you don’t go losing way more than you can afford to lose.

Mental strength and psychological skills is also needed to be a great investor. The crypto market can test your mental strength, you need to be strong mentally to withstand the market pressure. You also need the mental strength to control your emotions when you are winning. Emotions can have the best of you when you are winning just as much as it can have the best of you when you are losing.

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