My First Million cover image

The 2023 Milly Awards: Part 2

My First Million

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The Pitfalls of Angel Investing

Angel investing can be deceptive as initial wins may lead to overconfidence and significant financial losses in the long run. An individual's positive early experiences with angel investing may skew their perception, leading them to overlook the high risk involved. Despite some successful investments, the overall return may be diluted by subsequent large-scale investments. The timing of investments plays a crucial role, and even successful initial investments do not guarantee consistent returns over time.

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