aeonflux-3D
  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
  • Home Page
  • About us
    • Aeon FLux cosa facciamo
    • What we do
  • Tokens
    • White Paper Aeon Flux Gold Plus
    • White Paper Aeon Flux Gold 100
    • White Paper Big Taurus CLUB
  • Our services
  • Our clients
  • Contact
5 Reasons Why Trying To Time The Market Is A Mistake
June 22, 2021
How Cryptocurrencies have Dominated the Motor Racing Industry!
June 22, 2021
Show all

8 Dangerous Reasons Why You Should Avoid Herd Behaviour In Investing

Published by Aeon Flux on June 22, 2021
Categories
  • News
Tags

Hi everyone, thank you for coming back to my blog. I hope you found my last blog interesting and useful, where I covered ‘5 Reasons Why Trying To Time The Market Is A Mistake’.In this blog, I’m going to cover the reasons why you should avoid following the herd when it comes to making an investment decision, as it can have a hugely negative impact on your gains.One of the most common behavioural finance biases is herd behaviour. Most of us tend to believe that a large group of people couldn’t possibly all be incorrect about something, and studies have shown this belief greatly affects our decisions.Humans are also very sociable and following the group is a natural behaviour for most of us, because who doesn’t want to be part of the group? But just because something’s natural doesn’t mean that it’s wise. The desire to eat chocolate is common, but giving in to that desire on a regular basis could have negative consequences too.Examining the dangers of herd behaviour will assist you in avoiding it in the future.Be aware of the following reasons why you shouldn’t succumb to herd behaviour when it comes to investment decisions:The greatest parts of you are the parts that are different from everyone else. Copying others is never the ultimate path to excellence.· Your greatest investments are likely to be those where you made your own inspired decisions.Good decisions require accurate information, and the opinion of a large number of people doesn’t necessarily provide you with that type of information.· You’re likely to cut your due diligence short when you follow the herd.A decision could be based on fact but still, be irrational. Herd behaviour usually excludes a rational examination of the information that’s available.History is full of examples of a large group of…

Share
0
Aeon Flux
Aeon Flux

Related posts

November 12, 2021

The quest of STABLECOINS — The way of all stable crypto things


Read more
November 12, 2021

Fueled by Latest Inflation Figures, Bitcoin Jumps to a New All-time High


Read more
November 12, 2021

Will Positive Earnings Surprises Continue To Support Markets?


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Discover opportunity

  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
© 2022 Aeon Flux OU Harju maakond, Tallinn, Lasnamäe linnaosa, Lõõtsa tn 5, 11415- Cn° 16301206 -VAT N° EE102424021 - EMTAK code 46901 - Duns N° 686889151
.
All Rights Reserved.
Powered by IWG Web Agency
Privacy PolicyCookie Policy