Mindset is your attitude towards something. Mindset is a powerful weapon to change yourself or someone positively or negatively. Mindsets have an influence ability: people around you can be influenced by your mindset.
I am a teacher in my area, we as teachers are trying to explain the meaning of mindset to the students. The reason for this is for students to develop a growth mindset rather than a fixed mindset.
Some students have a growth mindset while some have a fixed mindset. Students with a growth mindset will always try when given assignments to do. But students with a mindset will say ‘i don’t know it’, then such a student will not do it.
Students with a growth mindset will always believe that:
I can do it
I will try it
I will learn how to do it
I am not fail until i stopped making an effort
I failed but i will not give until i pass it
It is possible
Fixed mindset will always believe that:
I cannot do it
I cannot try it because it is too hard for me.
I cannot know it because it is beyond my power
I have failed, there is no need for me to keep on trying.
It is impossible for me
When I looked at these two types of mindsets aforementioned in the lives of my students, I began to realize that an investor's mindset is a growth mindset, which always sees things in a positive side, never giving up and continuing learning ways to make profit even when they are not making anything from it.
Fixed mindsets are those who are always scared to invest, afraid of running into loss, giving up in a business, and tired when something happens to them or their business.
These kinds of people never become successful investors, because they are scared of losing money, hence they tend not to invest at all. When they discover that what they wanted to invest in has appreciated, they will begin to blame themselves for not investing in the project.
LET LOOK AT WHAT CONSTITUTE INVESTORS' MINDSET
Investors are positive in their minds: though, investors are also negative because they are going to look at both the positive and negative sides of what they are about to invest.
But they seem more positive than negative. They often consider investment in positive ways rather than positive ways such as how much should I invest? How much can I make from the investment? How long is the investment going to take?
Investors Cope with Challenges: they are aware that challenges are part of the things they must adapt to when it comes to investment. They can cope with any changes that come their way.
I can remember when my friends invested in Shiba last year. Shiba began to drop in price. One of them sold all the Shiba he had then because of the market volatility. The other one refused to sell his Shiba, believing that Shiba would go up again. The moment Shiba was in pick, he sold his Shiba and made 3X of what he invested.
They find inspiration In the Success of others: investors find inspiration in the success of others; they want to hear the good news of successful people. The minds of successful people always appreciate the good deeds of others.
All what you need right now is to have investors' mindset
You don't need to have millions in your bank account before investing
Investors are the wealthiest people on the earth right now.
take step right now, it is too late for you to invest.
