Your investment in Steem is more about you then it’s about Steem.
I just read a post by @modernpastor called “The Steem Story is Already Written” you can read it here: https://steemit.com/steem/@modernpastor/the-steem-story-was-already-written
And I wanted to share the message I got from the Story. The story reminds us that when we get involved in an investment of time and money, we are taking a risk. And it’s normal for us to get nervous and anxious about whether we are making the right decisions. Also it’s normal to wonder if we should we stick to the investment we have chosen or pull out.
The story reminds us that many successful people had these same thoughts and fears when they first got involved with investments which turned out to be succcessful. I can offer examples like Apple and Amazon. There was a time when both looked like they might fail and people who invested time and money in them were anxious, they were afraid and they doubted the wisdom of their investment in these projects.
Now the point of Modern Pastors story is that we can look back now and say; “Investing in Apple or Amazon was an easy decision.”
We can look back now and say; “Yeah when Apple was at a 2 year low I would have invested more money and bought it while it was cheap”.
But the truth is at the time those companies were selling at historical lows, the investors doubted themselves. They worried, they had sleepless nights and there were days they thought they should quit those investments.
We need to realize that no investment is risk free and that even those who invested in very successful projects like Apple, Amazon, Bitcoin or Dash went through periods of doubt, anxiety and worry. But if you have investigated or researched an investment or project and you feel it’s a great project with a great future, it’s no longer about the project, it’s about you.
It’s now a test of the strength of your faith in yourself and your abilities to assess investments. Now it’s about you and how strong you are mentally. To me this article was a “wow moment”
If I have looked at the numbers and the numbers say stay invested and add to it when you can, now it’s about me. Do I have the mental strength to do it.
It’s easy to say but low and sell high, to make a profit. But that statement doesn’t say anything about all the emotions involved in investing when the investment price is actually low.
Warren Buffett, the stock billionaire is often quoted as saying that when it comes to good companies be fearless when the majority of investors are fearful and be fearful when the majority of investors are fearless. The majority buy when the investment is soaring and prices are near all time highs, but the profits are made by those who buy when those same investments were at their lows.
The people who bought Bitcoin for less the one dollar, less then ten dollars or less then one hundred dollars are probably happy. Those who bought it near the highs when investors were fearless are probably not happy.
I am not saying Steem is the next Bitcoin.
I am saying it’s not always about the investment, sometimes it’s about you.
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yes friend
Your investment in Steem is more about you then it’s about Steem.
thank you for sharing
resteemid
I completely agree with you @shortsegments and I have fearless trust on steem. Don't know the future and ready for it. Will see what future will unfold. Let's wait for the time to witness it. Take care
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steem investment we must do well and very carefully
Well said @shortsegments.
Yes you are right I agree with you.
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There was a time i considered giving up on steemit as my investment which are my time are not yielding enough return for me. It was really fustrating
Hi friend @shortsegement you are sharing here great example for apple Amazon l know Investment a always have lots of risk but properly investment faith ability and strong mentality strength is most important thing.
Nice article.
Great job thanks for sharing.
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I agree with you .Staying calm is a good advice too ...
Hola Máster, saludos!
Apenas aprendiendo a navegar en éste universo, pero desde ya me queda claro que el Valor de @steemit está en nuestro beneficio y no sobre la empresa como tal. Somos nosotros mismos quienes debemos cuidar ese Norte.
Hola,
Tu derecho
Dureza mental