Monday, July 31, 2023

Is Short Term Thinking A Common Crypto currency Investments Mistake?

Shelby M.C. Davis says, “Invest for the long haul. Don’t get too greedy and don’t get too scared.” 

And Warren Buffett believes, “The stock market is a device to transfer money from the impatient to the patient.”

So? Do these investments gurus’ pieces of advice suggest that long term crypto currency investments are better than investing in crypto for the short term?


You would find your answer after considering the following factors;


1. The size of your net worth..

2. Your personal investment goals

3. Risk tolerance.


1. The size of your net worth. 

Someone in a weaker financial situation would more likely want to invest in crypto for the short term as opposed to a higher net worth individual.

You wouldn’t want to tie down your money in a long term investment in crypto currencies when you have many needs and wants competing for fewer funds in your possession, would you?

 Building your financial fortune quickly would certainly be one of your personal investment goals. 

2. What are your personal investment goals? 

 Your investment goals are a product of your  present financial situation.


A long term investment in crypto would be one of your investment goals when you’re in a stronger financial situation.


After assessing your net worth and investment goals , you may want to assess your risk tolerance before deciding on either short or long term investment in crypto.


3. What is risk tolerance? This is your ability and preparedness to absorb a decline in the value of your investments. It varies from person to person.



Disclaimer: Financial information published here is only for informational purpose and not an investment advice.


How lonely are you?

 

"No matter what they tell you, it's not because they enjoy solitude. It's because they have tried to blend into the world before, and people continue to disappoint them." - Jodi Picoult.

The gods. The beginning

How lonely are you? 

Very lonely? 


Oh well...now you have concluded that no one cares about you?

May be you're right. 

But...have you not realized that most don't truly care about others except...

When they need something from others. 

Self-centered human beings, that's who we truly are.

So wouldn't you rather be alone than be in the company of those who don't truly care about you?


Wouldn't you be better off alone than be with those who continue to disappoint you?


I think you would be. 


So next time you feel lonely, look within you and find a great a company in the one who would never disappoint you.


And who's that? It's the real you.


Wednesday, July 5, 2023

How Can I Survive With No Friends?

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Motivation In Your Pocket

By finding something you're most passionate about and doing it every second and energy you have.


Make your passion the love of your life and your best friend and, you wouldn't need friends around you to survive.


Anyways, who told you, 


"You need friends to survive?"


The person forgot to remind you that your best friend today could be your worst enemy tomorrow. 


Human beings are more likely to choose personal interest and sacrifice friendship when both conflict.


No one has absolute control over another human being and who  they  choose to sacrifice in order to satify their personal interests. But with your passion, it's different.


You can make the choice to be in control of how you develop your passion and how you use it to get what you want. And the best part is, your passion is that best friend that would never betray you.