Investing before bed

Before I go to bed, I thought I would have a quick look at some historical charts and do my version of a shitpost, which is pretty shit but worth thinking about - for some. I wonder, how patient are you? I am over 40 years old, I don't have a lot of life left so, I ma pushing pretty hard to invest myself and make up for lost time, ground and stupid decisions.

Would you buy or sell? Would you be happy with your gains? Would you buy back in or, spend it? Here are some images to think about.

Did you buy, did you sell?

What about this one?

You get the idea.

For reference

The first chart slice would have made you about 200% on your initial investment - which is fantastic. You would have had to have held from July 1982 to July 1983.

Here are the rest of the slices. A period that covers 39 years. Yes, this is Apple Stocks. Did you Hodl?

If you bought 100 dollars worth at the low in 1982 at around 25 cents, you would have about 22500 dollars today, 37 years later. Sure, that is not a great amount but you would have also got some dividends along the way also but - would you have held?

This is the full chart that shows about where those slices come from.

It is pretty interesting really because there are a few things to consider when looking at this chart.

Firstly, that is a full career of time represented there. 40 odd years. you would have had to invest at the start of your career and, trade all the way up. Oh, if you bought in at the start, 5 years later you would have lost 50% of your worth. 5 years.

Looking at charts doesn't really mean anything though because, they are past based and none of us can invest into our past, just act now for the future. Some people likely think that Steem isn't going to make it 39 years and, they might be right. It might not live to see the year's end - who knows?

But, I am pretty sure that those who invested into any successful company before it was successful doubted themselves along the way - everyone has doubts. But, should that stop people from investing themselves just because they don't know what the future holds? No one knows what the future holds - it is all based on predictions of various kinds and with so many voices out there guessing, some are bound to be right.

If you are here and don't think Steem will be successful enough for you, why stay? You should really ask yourself that in my opinion. Why keep pushing for something that you consider a future failure? Is it because you have to be here? If you are here due to necessity, shouldn't you be working it out the best you can to make it a success?

These days, I don't care much about the opinions of those who have doubts about Steem, even if I care about them as people here. It is because while I have doubts too since I ma not an insane person, I am still going to work toward a future where Steem is successful because, that is what I want and choose to do. If you want something in the future and aren't working toward it expecting it to materialize, you are the crazy person - not me.

For me, this chart is important because it is indicative of the future in my opinion. Technology builds upon technology, it leverages the past to add possibility in the present and in turn, will get leveraged again. Around 2005 Apple started to explode because it was at this time that smartphones came into the market - soon after social media leveraged them to really connect people at a global level and now, nearly everyone is connected and holds the potential in their hand to be a personal bank - the hardware needed is ubiquitous - it is mainstream. Nothing special needed to take part, just an internet connection and some gumption.

Blockchain and cryptocurrencies are going to use these factors as well as the changing global economies to piggyback themselves upon and the phones, internet and social media-savvy society are going to be part of the distribution network of the technology and, the tokens. The amount of value that those little pieces of electronics are going to transmit between each other and across the entire world is going to be immense.

The transactions iPhones pass through is going to dwarf the company that makes them, the most valuable company in the world. They will benefit too of course, Apple are part of the stabilization of blockchain as they provide the hardware to operate, Samsung too ... Even Nokia. Nokia Networks that is. All of these technologies whether they like it or no are going to become part of the distributed networks that are blockchain and cryptocurrencies because, it is how we choose to use them.

We don't have to watch YouTube, we don't have to listen to Spotify. What we consume on these devices is up to us, as is what we create on them and, what we send through them. You might use your phone to take a selfie a day, someone else is trading on Binance.

Every decision we make is a transaction and carries value. Some more than others.

Did you learn anything, think anything? Shitpost done?

A little more time invested and now a little less time to sleep -
but sleep I must.

Taraz
[ a Steem original ]