If you have money in your pocket, you have peace; if you don't have money, you have no harmony. This is something I have noticed in every step of my life. Many people say that happiness cannot be bought with money. In my case, this sentence is mostly wrong. At least no one likes to hear such slogans in empty pockets. 

And these proverbs are said by the people who basically own a lot of money. For example, Warren Buffett or Tesla King Elon Musk has many slogans that we hear all the time because they are successful people in their place and have earned a lot of money and wealth.

![](https://images.hive.blog/DQmeYth82sw3rczBs3NdEi9MAZca31pEgYzTHTDr58LCJw7/invest-3965215_1920.jpg)

They are successful people, so we should abide by their statements. But how many of these principles do we follow in our financial life? I don't think we follow at all! For example, Warren Buffett said not to invest all the money in one place, to invest in different places or sectors. But we often invest all our money in one place after greed. And if we lose, we lose all the money at once.

Today I won't talk about bad investment; I will talk about solutions. We cannot keep our own money because of greed. We invest in the wrong place with the hope of doubling the money quickly. But before investing anywhere, you need to know the A to Z of that specific sector.

Let's share a story! Once, six blind people were put together in one room. Then an elephant was brought into the room. Note that the elephant wasn't making any noise. The elephant was brought in front of those 6 blind people, and they were questioned what is in front of them. The first one holds the elephant's belly and says it is a solid wall. The second blind man stood up and grabbed the elephant's nose, and said - this is a snake! The next one grabbed the ivory and said it was something like a knife!

Number 4 grabbed the elephant's leg and said that it was a thick tree. Person number 5 stands up and touches the elephant's ear and says, - this is a fan! The last person holding the elephant's tail says it is a rope.

Interestingly, none of the 7 blind people called the elephant an elephant. And didn't even try to touch the whole elephant. They were satisfied with just one part.

This is the same mistake we make in our life. Especially when it comes to our financial decisions. We make decisions only after considering one or two aspects which later become the cause of our loss. I also invested in many HYIP sites for a while without realizing it due to greed. Besides, I invested a lot of money in the stock market before learning about trading well. As a result, I lost almost all my money. I wasted a lot of money, but I got better guidance in life.

Based on the story of the elephant, we get 4 lessons about investment. 


### Don't make any financial decisions so fast!

Take the time to understand the business before you know where you are going to invest. As the saying goes - haste is never good. How much business risk is there, how much return may come? Everything has to be analyzed in a cool mind. After thoroughly analyzing all the business expectations, if you think that here you should invest your dime, then invest.

As I have seen many, even some of my friends, who initially invested in https://cubdefi.com in the hope of earning tons of money within few days. They thought maybe in a few days they will become millionaires! But if the investment increases, the APY will decrease. And since CUB is a cryptocurrency, I already knew that its rate would go up and down. I'm not as upset as my friends because I have invested in these things carefully. And I knew that APY would go down, and the price can fluctuate. Because I analyzed before investing. For me, investing in Cubdefi was a pretty good investment that could give a good return in the long run.



### Do not take any decision based on a single parameter.

Suppose you meet a new person, who speaks very loudly. Now you can't have a negative idea about him just because he speaks loudly. Maybe he's a lot smarter than the rest of the people around you. 

The same is true for business. Don't make decisions if the business will be good or bad just by evaluating one side. Find and judge A to Z where you are going to invest. Do not decide with your heart; decide with your head!



### Always seek expert guidance. 

If you are not an expert in any subject, then you do not even pretend that you're an expert. Not that you will become an expert overnight in that field even after study. Exactly at this time you need the cooperation of experts. 

For example, if an electronics item in your house breaks down, you must not spend hours behind it. You call someone who is an expert to fix the thing. 

Similarly, before investing, take the advice of someone who is an expert on the subject. You must seek expert advice before investing your hard-earned income elsewhere. Before investing, you must know the decisions of a financial expert.


### Do not judge any investment scheme based on temporary fluctuations. 

We cannot easily predict the market. Today, the price of a stock may be higher; tomorrow, that share's price may go down completely. Prices will rise and fall; this is the rule of the market. Never make your long-term investment decisions based on these small fluctuations.

Don't be confused by looking at the 5-10 day trade chart. Analyze 1-2 years of data and charts, then make your investment decisions.

It's your hard-earned money, so think and analyze thoroughly before investing anywhere. Don't be like those blind people with an elephant. Touch the whole thing before concluding. And the most important thing, you're not blind. 

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