This is the continuation of my Wealth Files Series. I'm doing this run of Psychology of Money Course, not only for having something good to post on Steemit, but more importantly to help my self. In the course of studying how to be wealthy, and getting out of the rat race thing, the hardest part of all is to train my mind. All of us went through different stages in our life, moments after moments, have left imprints not only in our hearts, as we feel joy or pain, when remembered. But, more often than not, it is imprinted in our subconscious mind. If that happens, which probably has, may affect our way of thinking, acting, affects our way of life. These imprints can make or break us. These can be bridges or barriers to our success.
Anyhow, I'd like to talk about the second Wealth File from the Secrets of the Millionaire Mind.
Rich people play the Money Game to Win, Poor people play the money game not to lose
- T. Harv Eker
I'd like to say everybody wants to be rich right? Even Bruno Mars, subconsciously wanted, when he sang I Wanna Be a Billionaire, which got him famous and maybe close to being a Billionaire now. However, there is one question on us wanting, wishing and dreaming to become rich, and that is how rich we want to become? I think being rich is subjective, in the sense not all of us have the same level, of how we wanted to be rich. Maybe for someone being rich is synonymous to having a house, a car, a business, a yearly trip and a retirement fund. But for me, I really really wanted to become rich, a hundred million on my name, perhaps. I wanted to travel the world, just once but i'd like to experience, the best of that country can offer, sky is the limit. The reason why I'm holding off any vacation, even to the nearest countries to the Philippines, because I wanted to travel luxuriously. Maybe now you say I'm too ambitious, but that is how being rich, rings a bell to me. And for you, who read this, to ask yourself the same question over and over, until you come up with your own definition of being rich.
These moments in the cryptocurrency world, made me contemplate on the second wealth file. Many have been interested with bitcoins and alt coins just recently, when all of a sudden bitcoin rise up to nearly $20,000 or close to 1M pesos here in the Philippines. Looking back, had I known that it would go that far, I would have risk my hard earned money to buy 1 bitcoin for 50,000 early 2017. I would have been a half a million richer by now Too bad, I didn't have that much knowledge then. That is what T. Harv Eker is telling us, the poor-minded us sometimes invest money to not lose. Everything on this planet is a gamble, even in the name of love. You put your time, effort and money to someone you love, without knowing if she will love you back. Most of the time we gamble on a business, on investments, or on love but we do not give our all. Still half hearted that we might fail, we might lose or we might get hurt. And so there is a restriction- instead of Ready, Aim, Fire...Fire...Fire, we have been stuck at Ready, Aim.
T Harv Eker believed, rich people gamble on business, or investments and they don't expect to lose. How do they do that? They don't quit! When they start on something, they finish it mighty strong. Like these days, when the market is mostly on red flags as most coins decline 20%+ many are selling what they have. Thinking that it's better to sell than to lose a lot more. Which in fact is not the case. When the market experience some dips, which it will always have, instead of being on a panic mode, it's time to invest some more. Remember, bitcoins and alt coins, like stocks when decreasing in value is just a paper loss, until you sell. So HODL it until you can, and get some rest and peace of mind. Nothing in life comes in smooth sailing, there's always bumps along the way. The one who carries on no matter how many potholes, will eventually cross the finish line.
