What's wrong with gold investment

Gold has long been an investment tool. It has high value and is an independent resource. It is not restricted to any country or trade market, and it has no connection with companies or governments. So what's wrong with gold investment? Gold has long been an investment tool. It has high value and is an independent resource. It is not restricted to any country or trade market, and it has no connection with companies or governments. So what's wrong with gold investment? 1. Investors who are hesitant to have this kind of investment psychology originally made plans and considered investment strategies before buying or selling gold, but when they were affected by the'herd psychology' of others and entered the market, there was a turmoil. They cannot implement their own investment plans. 2. Desires are endless and profitable, and refuse to give up every step of the way. Such greedy speculators in the investment market are not uncommon. They do not want to control and cannot control their greed. Therefore, the following adage can be learned: short and long positions can make money, but greed can't make money. Therefore, I advise you not to be greedy, don't always envy the luck of others, you should believe in analysis, believe in your own judgment of the economic situation and the general trend and act decisively. 3. Treat the financial market as a casino gold market investor with a gambling mentality, always hoping to make a fortune. They can't wait to seize an opportunity to make a profit. Once they make a profit in the gold market, they will most likely be dazzled by victory. They raise bets frequently like a gambler, and they want to bet their wealth and lives on the financial market. Until it loses everything. When the gold market fails, they often do not hesitate to fight back and invest all their funds in this market. Most of these people end up in bankruptcy. 4. Dare to lose but not to win. Generally speaking, the market price of gold may not fully reflect the true value of gold. Therefore, after some investors sold gold, the price of gold continued to rise. And it often shows that the price rise after the sale is larger than the rise before the sale. Many people invest in gold, often earning very little, but losing a lot. One of the important reasons is that the mentality of not daring to win is making trouble. What's wrong with gold investment? Investors will have various psychological misunderstandings in the actual operation process, which will lead to operational errors and serious losses of account funds. Therefore, it is very important to understand and overcome the misunderstanding of the pathological investment psychology. Previous: Why does jadeite fluoresce Next: The difference between gold spot and futures