The Art Of Investing

in #cryptocurrency6 years ago (edited)

The Art Of Investing.

(The following document is in no-way financial advice, and should only be read for educational purposes only.)

The art of investing. Your ability to perceive a correct reality rather than a hopeful fantasy. Predicting the future is difficult. Prophetic speculations are rare. Being able to multiply money goes past intuition and intelligence but requires a disciplinary lifestyle. If you put $1000 into your investment and $1000 worth of time into allocating that investment correctly you will get a greater return then investing $10,000 with a financial advisor looking to benefit more from your partnership then you will. Trust yourself with your money! You earned it! You worked hard for that dollar! Work hard for the next and save it properly! Invest it!

When done properly thats all investing is. It's savings on steroids. You can always sell it! Preferably not lower then when you bought it. You should never have to sell it lower then you buy because you shouldn't need the money your investing with. Play it against yourself. Are you up? Up alot? Maybe its a good time to take profits. Is it a good time to pay the bills? Thats the way you have to learn to live. Without fear. If you play with uncertainty you get uncertain results. If you play it correctly you will look at cryptocurrency as a survival tactic not a get rich quick gimmick.

When I say its good to “invest defensively”, I dont mean to buy something “stable” or to look at assets with less volatility, but most suggest to use common investment strategies such as dollar average and diversification. Diversification in your portfolio should include multiple sectors of interest. A common mistake investors make is spreading their portfolio over many different companies that are reliant on one single common sector. In other words, when gold is going up all the gold mining stocks are going up.. When cryptocurrency is going up, usually a large majority of the tokens are going up all at once because the general interest is increasing.

There are so many factors to consider when accurately pricing network shares or company shares. Perception of value can easily be skewed through ones own emotional hopes for an idea. For example, Blockchain Technology might be the most liberating technology we have ever seen. People are excited to buy their freedom, but, is the price right? Think about it. We dont know what Bitcoins value is because its a new asset class. Its hard to perceive somethings value when people from the past have never perceived it before. Its much harder to find a correct perception of value for Blockchain Tech because there is no past of evidence and understanding.

This space has two sides to it. The creators of the free world and the greedful. You can be successful on both sides but that depends on what your definition of success is. You have to see past to see the future.

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hmm

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0x14B31d4D1FA477318FF1d8E547A3d86cf8A067Ac

I guess I'll reduce my spendings and start gathering my the little I have to invest wisely...

Thanks alot

thanks for sharing this useful post and art of investing :) keep in touch

Very informative post. Thank you very much for sharing precious knowledge

Great post jacobcards! We need more people on here that write genuine articles like this. And the ending defiantly took it home for me. Thanks for sharing!!!!

nice information for a person like me

great tips - leave your emotions at the door, covered?

One simple thing to also keep in mind: you might think you're "investing" but that's just another word for gambling. And gambling is addictive as fuck. Chill out on the big gains, take a break sometimes.
Don't milk the goat til' it bleeds.

investing is the way to go to make a great future you need to start saving today and invest it wisely

its time to start saving and investing thanks for sharing this amazing post

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