Hey Steemians.
If we look at the Companys from Different sectors every successful Company has one thing in common.
It's a Strategie with a Roadmap!
A Roadmap shows where the Company want's to go.
Now you think sure I know that planning is important and I know that this is important for a Company.
But do you have your own Roadmap and Strategy?
Most of us just invest there a bit, ah and this mining company looks good too let's invest there too.
Or maybe you think more where you invest your money. But still, you don't handle stick to a plan.
So it's dangerous that we don't handle with emotions! Because if we don't have a plan we just go with the flow.
And it's not always good to go with the flow.
It's hard for me to say that because I really like to just go with the flow. Because it's mostly the easiest way.
But I started to see how important it is to have my own investment strategy. To know how I wanna react to different scenarioss.
So news that China banned ICO doesn't hit me so strongly because I know how I have to react. For example, I don't react with my emotions and think: "oh crab I have to sell all my currency"!
So it helps to have an objective view on different situations.
So I want to recommend you, to make your own strategy.
Here are some questions you could aske yourself:
- Where do I want to invest?
- Which risk do I wanna have? (If you can calculate the risk a bit)
- Where are my limits?
- How do I want to react to different situations?
- What are investments I never wanna do?
- ...
Complete the list with your questions.
Maybe you have a different sector which you think is more important to watch on. This is good as well.
Just make your thoughts and your own plan!
If you would like to have a tool to make a mind map on pc I would recommend Xmind. It's for free and great for stuff like that.
There you can put your thoughts to "paper".
Here the Link for it:
http://www.chip.de/downloads/XMind-8_34360761.html
Let me know if this post helped you or if you think different.
Kindly regards
your #goodmindset