Getting Serious About Your Crypto Activities & Productivity-Based Goals

B1HC...QpyA
11 Feb 2024
74

The Maturation Of Time & Effort
Something that is all too common when it comes to investing is an incorrect mindset and approach. Little is understood regarding accumulation, dollar-cost averaging, and hedging. For many, it’s simply a case of a single investment amount, which often is not that much… and then expecting Lambos. Not only is this completely unrealistic and delusional, but also an indication of ignorance. If you want to succeed, this has to change.
Investing is a lifestyle! In many ways, it’s like going to the gym… an occasional visit is not going to do much for your health and physique. On the other hand, a lifestyle of frequenting the gym numerous times a week over many months and years will eventually produce significant results. Investing is very much the same. You don’t get to randomly throw a little cash at something once or twice and walk away a millionaire.
It’s quite staggering how many people tend to think this way. Whether you are investing or making use of WEB3 and other opportunities to accumulate Crypto, the principles remain the same. Both require an ongoing and disciplined approach. In other words, it’s a lifestyle. Look at how many adopted a lifestyle and ended up gaining a fortune in Crypto. That’s the order of progression. Many want the Crypto gains so that they can enjoy a particular lifestyle… when in reality, it’s the complete opposite.
Establishing Order
Realistically, it is actually lifestyle first, and then the gains. Furthermore, it’s a lifestyle of dedication and discipline. For many, investing requires the sacrifice of other pleasures and activities to have access to additional capital for investment purposes. For others, they are hustling… daily, disciplined activities provide a method of ongoing accumulation. Either way, there is an ongoing effort being made. This is the process and lifestyle successful investors adopt.
As I have mentioned several times of late, we are in the final stages of accumulation. This is it… your last opportunity to make it count. There is likely to be some appreciation during the remainder of the year. However, it is still very much a time of accumulation, especially when you compare it against the gains of 2024 and 2025. Those who have already been actively engaged are now putting the “finishing touches” on their “work”.
Fortunes are made during bear markets and realized in bull markets. Without effort and dedication being made, there is nothing to harvest. It’s pretty much that simple. I still wonder why people look at buying something when the price is appreciating. Do you buy a car when it gets more expensive, and significantly more expensive, at that? Buying in a bull market will incur an enormous premium.
Final Thoughts
Not only will choosing to buy late hurt your pocket, but depending on when you buy, you could end up buying the top. Not only are all the gains now a missed opportunity, but you are now going to have to stomach an impermanent loss or even an outright loss. Imagine experiencing loss in a bull market… and yet I come across these individuals every bull market? If you have been dragging your feet, this is the “final call”.
For those who have been practicing sound investment principles and strategies, I am sure you are beginning to get excited. This stage of the market progression tends to sneak up on you… before you know it, the gears have shifted, and the market is in full swing. Anyway, that’s it for this Saturday. Don’t miss out; we are in for a ride! Catch you next time!

Free Litecoin

Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.

Get fast shipping, movies & more with Amazon Prime

Start free trial

Enjoy this blog? Subscribe to sapphirecrypto

5 Comments