3min chapter

All the Hacks with Chris Hutchins cover image

Beating Inflation, Alternative Assets, and Simplifying Your Finances with Ben Carlson

All the Hacks with Chris Hutchins

CHAPTER

Establishing Investment Strategies to Manage Risks and Regrets

This chapter focuses on the necessity of a pre-defined investment strategy to navigate portfolio fluctuations, especially in high-volatility assets like cryptocurrencies. It uses a prison study analogy to highlight how avoiding external constraints can lead to poor decision-making and emphasizes the importance of setting guidelines to reduce emotional influences on investment choices.

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