In crypto blood so steeped...
I'm in blood stepped in so far that should I wade no more, Returning were as tedious as go o’er
(Macbeth)
Crypto & Cardio #17
After another red day in crypto with double digit drops, it's difficult keeping on top of your emotions even for the most hardened crypto enthusiast.
In today's video I talk about dealing with feelings and a Shakespeare quote that comes to mind for me in times like this.
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I guess that's why there's the saying that you shouldn't invest more than you can afford to lose. Because if you can afford to lose it, while it might hurt, it won't sink you. And if it isn't sinking you, then you can still enjoy the time you have with your loved ones. The impact we make on those around us is really all we have. Even the memories we make will eventually fade away, but when we're intentional about blessing or caring for a person, that can change their life in ways we might not even know.
Yes, it's a bummer the crypto markets are down so much, but it's also a chance to buy more. So we shouldn't let it get us down, we should take it as a chance to get more quality cryptos at a lower price, and enjoy the holidays with those we love.
Successful investing is not just about understanding crypto market. The better we understand and manage our emotions, the more likely we are to take good investment decisions!
From the internet..
Investing Takes More Than a High IQ
Munger is a brilliant man by all accounts. However, he attributes his success in life to his long attention span, not his intelligence. "Other people are trying to be smart," Munger wrote. "All I'm trying to be is non idiotic." In most cases it's enough to learn what doesn't work, and then avoid doing those things.
Here, Munger echoes the sentiments of Warren Buffett. "You don't need to be a rocket scientist," Buffett once wrote. "Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ."
Source (https://www.investopedia.com/articles/insights/050716/emotional-intelligence-5-lessons-investors-charlie-munger-brk.asp)
I’ve been holding on for almost a year now and literally watched everything fall in front of my eyes . But I do believe if not start of 2019, than mid 2019 we will see big change
Love what you said in the end, "enjoy family while theyre here!" Everything else is business and should not affect your mood too much.
well after holding so many months i don't feel sad or depressed at all hahha the portfolio is all red but something i learn over this period is experience to how deal with market
Totally agree ! Focus on what’s important , money comes and goes ! I think we will have another year of a down market, 2020 is the year . One more year of learning what really matters
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Very true. I purchased a lot of Steem Power recently but I think it would be too much of a hassle to power down and sell everything over 3 months. It is better to do what you can to make this place an attractive blockchain and the results can pay off a lot. I feel very bullish on Steem, but I feel like there is no point in powering down if things continue to go south.
Nice Macbeth reference. I have taught that text every bloody year of my teaching career. Still love it.
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We will celebrate our victory ✌ , we just have to wait more. Things will be fixed and we will feel pride.
Have a good day
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sometimes you feel like the world is closing in on you...….but, then you tell yourselves relax, relax
just one example of the great #animal #sculptures from the san Diego zoo @angrytwin