Continuous decision

With investment emotion is a big factor. It is important to be honest to yourself. Are you an emotional person when it comes to investments? Are you quick to be drawn into a FOMO? Are you likely to have a panic sell when prices drop? Have you done impulse purchases in the past?

When your answer is yes to most of the above, it is best to steer away from the temptation of emotion impacted investment.

I have done so by locking most of my investments and making them difficult to touch. Instead of trading, I put a significant part of my holdings in the hands of transparent and compliant professional traders like CITYUPTAKE and soon also accompanied by PYNK. These are taking care of my funds while generating a nice passive income. With that passive income, I can choose to re-invest or to use it for more risky investments.

Besides CITYUPTAKE and PYNK also nice opportunities are opening up at Cardano, which is soon to be ready for staking as well.

So the monthly decision is now, what to do with my investable money? Crypto or stock? CITYUPTAKE or PYNK?

In the end I know that as long as I am not trying to trade myself, the return on my investment will be good whatever decision I take.