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Mental readiness

avatar of @dwayne16
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@dwayne16
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2 min read

It is now getting obvious that the bull market is here and everyone knows this, and it comes with opportunities to be financially free. Finance freedom comes with hard decisions and to make them we have to be disciplined but another thing most people overlook is our mental toughness.

We are in an era where information flies around and to just have an idea about things all you have to do is to google search it. We know the bull market and the bear market and what comes with it but most people's problem is the inability to make the hard decision.

When the bear market was hitting us hard some people were even accumulating harder and this is not because the future is certain but because they are mentally prepared for what is coming and they make the decisions. Some of us are trying to invest but we can't even bear a 5 percent loss.

Most of the work is done mentally, whether to sell in the bear market or hold our fiat, whether to buy in the bear market and hold our coin. Some risks are too much for us to handle because no matter how much we try we will always up making bad decisions.

When we are prepared mentally to invest be it a bear market or bull market will have less effect on us and this is why you should invest what you can afford to lose to avoid sleepless nights or any mental breakdown.

Good knowledge and understanding of a project we are trying to invest in is a form of preparing our mind for what is coming because we are feeding our mind the right food and this will enable us to know the right risk for us to take.

Thanks for your time.

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