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RE: MY 2nd STEEMIT BIRTHDAY, AND ALL EGGS IN ONE STEEMIT BASKET:)

in #steemit5 years ago (edited)

I hope you reconsider selling any of your crypto. As you say, this is the bottom. It is a 4-year cycle. This is the time to buy more, if possible, but at least hold. Not sell.

Money is a substitute for action. And action is a substitute for clarity. If you have it, you don't need much of your own money.

Clarity means organization. Organization attracts both actors and money. How much have you actually developed your business? I mean the theoretical part: its design, vision, model, strategy, and plan. These need to be written and made graphical. You must have presentations: your elevator pitch, your 5-minute pitch, your full presentation. These don't cost money but time.

Then you have two plans for funding. Either you will attract it from others because your plan is so good. Or your crypto will be mature.

It is no fun to wait years to do something. I have a similar problem. But the truth is, if you are selling your investment principal, you aren't ready for money. You are mishandling what you already have.

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A very wise thought...
"You are not ready for money" .. It's very thoughtprovoking...
I have my online store in the social web. It was successful 5 years ago, then I stopped its activity because I was tired, and I was pregnant soon:)
Now I wanted to reanimate it. Just change the direction, it was a clothes store before.
I need money to buy food for selling. Finding investors is a poor variant. It's not widely spread here,and I don't want to feel responsibility for other people. Just don't see another variant except of selling some part..though I really don't want to touch them. It cost 15 and I didn't, now it is 8. Stupid. But I need development..

Thanks for your advice.. 4 years cycle..so we are waiting for the rise?

Ok. It sounds like your need is small and your operation is immediately profitable. That's good.

You don't plan to sell all your crypto. That is good. And perhaps you can begin with less than you first thought. Or, you can plan to repurchase crypto before it starts going up fast. That won't be for at least a couple months, probably a year.

Yes, we are waiting for the next peak. It will probably come in two years. It will be similar to 2017.

You have the Christmas season to make money. It is a good time to invest in food to resell. It is not a bad plan, Talia. Best wishes.

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