Put Stock In Yourself! A Holistic Approach to (Cryptocurrency) Investing.

in #threespeak5 years ago (edited)

▶️ Watch on 3Speak


Invest in that which empowers you and other people in a balanced way, instead of in what exploits the planet and that ultimately strips us of our ability to live into the future.

Check the real world effects of you putting your money and resources into a project. Does it result in genuine value for society or is it just a mental exercise of number manipulation? By ensuring that a project’s objectives are aligned in a balanced way with the real needs of society, we create a knock on effect of empowerment that helps those who are best suited to help everyone.

There might be a lot of ‘profit’ in investing in weapons manufacturer’s, for example, but how does that help you if you and your children are killed in a war as a result?

When all investments are made based on a grounded understanding of their cause and effect – we can feel good about our actions and know that they are supporting us in ways that reach beyond just our own possible net financial gains. Reality is not made of money and money doesn’t make the world go around. Reality is made of us and by us – while passion and desire drives life.

By valuing yourself first and foremost, you open the door to truly valuing others and that allows a logical progression to unfold where you also value projects that are mutually beneficial for everyone.

For example, you could invest in a crypto token just because you think it is going to increase in value due to the hype surrounding it. In the short term, this might yield results if your information is accurate. However, in the long term these kind of choices just fuel mistrust in the industry, increase volatility of the market in general and might serve to lower the chances of success of projects that are based on more than hype and hot air. What if you consider the crypto market to be sacred and the tokens you buy as being like plants in a garden. If you feed the wrong plants, your sacred garden will pretty soon by an overgrown nightmare that no-one wants to use or visit. For investments to be truly beneficial, they need to be both long term sustainable and also generally encourage the growth of the market they are a part of. Think beyond short term gains and into the big picture.

This type of thinking applies not just to financial investment but to our own personal lives and many other areas too. The more considerate we are of all the factors involved, the more intelligent our choices will be.


▶️ 3Speak

Sort:  

Interesting... I'd never thought about it consciously before, even though this holistic thinking has informed some of the choices I've made.

I understand you're not offering financial advice, and that's not why I am asking - but what projects out there do you feel align with your holistic thinking?

I know it's a slow-starter, but I'm really interested in the Holo project (HOT) and watch it with keen interest. I did contribute to their crowdfunding campaign and will be operating one of their Holoboxes. It's certainly one of the 'deep-thinking' coins out there.

Sure, actually I haven't been able to keep up with the latest moves in the crypto token world for the last few months as I have been heavily 'invested' in coding and my own other projects here. I just checked out the Holo project and it looks great - the idea of distributed networks in crypto is absolutely one that I see as ultimately forming the foundation of the future. I have a talk the way that distributed networks are the ultimate extension of decentralisation not so long ago, so I'm glad to know there is technology that is supported and working on the idea.
I have looked at many white papers in the last couple of years and most of them claim to be bringing some kind of revolutionary change, but were still clinging on to some level of old world logic or lacking an element such as a distributed network to make them truly world changing.
It takes specific 'deeper' awareness in the hearts and minds of the people involved to create projects that are holistically beneficial and so far I have found them to be quite rare. One that I review a while ago is called 'Decenternet' and claims to be aiming to replace all the major internet apps online today, including Google search. The objectives of the project are noble and there is a lot of philosophy behind the logic involved which is uncommon and a good sign. However, I have yet to see any thing tangible from the project and have my doubts about some aspects of the logic and team involved. I can see that they now have a beta browser available, but it seems to be an early version with a few issues.

The Bit torrent tokens might be an interesting option too - though again, I haven't seen that in action much yet.

When I have more time I'll maybe get into digging around for some other new projects. There are a couple of 'vegan' coins but I don't have any evidence of them being anything special at this point.

you said this wonderfully
in saying that people will still make guns and tanks and missiles
i dont invest in things like that but weather we invest in it or not its still going to be there
really good post man
hope all is well and have a great evening

Great @ura-soul!, when we invest we grow fast. That is the open secrete for crypto investors.

Hi @ura-soul!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 5.580 which ranks you at #550 across all Steem accounts.
Your rank has dropped 1 places in the last three days (old rank 549).

In our last Algorithmic Curation Round, consisting of 164 contributions, your post is ranked at #48.

Evaluation of your UA score:
  • You've built up a nice network.
  • The readers appreciate your great work!
  • You have already shown user engagement, try to improve it further.

Feel free to join our @steem-ua Discord server

This post earned a total payout of 44.345$ and 33.342$ worth of author reward which was liquified using @likwid. To learn more.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 62504.18
ETH 2430.44
USDT 1.00
SBD 2.60