I believe that it is about growth mindset. If you don’t believe you can achieve the goal, you wouldn’t start or put in as much effort to learn and is definitely more likely to give up than persisting on.
Investing is a learning journey. Trading is also a learning journey. We all learn and try to get better at it and hopefully, the gains is far more than the losses. Put together, there is definitely a good chance of generating sufficient income to help all of us become millionaires. Earning millions from purely investing is another league altogether, probably for gurus. For the general masses, investing is part of the overall financial stewardship, such that with our salaries, we can all work towards becoming millionaires!
Is it Important to Believe You Will Succeed in Investing?
Previously, we discussed that 70% of cryptocurrency investors believe they will become billionaires. Many might think these investors are daydreaming.
The Law of Attraction suggests that if you firmly believe something will happen, it is more likely to occur because you will put more efforts into achieving that goal. A more esoteric view is that your faith will also make the external environment more favorable to you.
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