Many times, you actually overestimate your ability to cope.

If you have a particularly optimistic view on a stock, you still shouldn't bet all your assets on it. Even if you set a stop-loss after going all in, it's still a mistake; you are very likely to incur losses at the lowest point. The correct approach should be to gradually invest small amounts, hold for the long term with money you can afford to lose, and manage your funds to survive both bull and bear markets.

Some teachers have been shouting CRCL for a long time, how many people went all in directly? The cost is above 150, and now their cost is 70, isn't that foolish? But think about it, if you invest gradually, your cost will definitely be much lower.

Many people really overestimate their ability to endure. They invest all their wealth at the beginning, waiting to get rich, but when there's a pullback, they can't hold on, and no matter who it is, they can't withstand it. As a result, they incur losses at the lowest point.

Only regular investments with small amounts and using money that one can afford to lose, held over the long term, can truly enjoy the dividends. This principle applies to both investing in stocks and investing in people.