Crypto has taught me a lot of things, and if we look at how Crypto and our real-life situations work you will see that they are related. You will understand that Crypto is not much different from what happened in real life because it comes with some kind of techniques and understanding. there is always a bad and good time in life and we have this in crypto too, We have the bear season and bull season, and this is simply life but there is an approach I want to talk about, which is the approach of investing, We have those that invest just for short-term gains and those that invest for long gains, and how these two investors will take profit will be different.
Just like those that invest in Crypto for short-term gains. We have those who don't put much into life, and we call them the moment people. They are not investing for the long term, they are investing in life for the short term alone. They are always in for the moment, which is when they are doing something that feels comfortable.
They don't try to push themself in things that will develop them for a long time, maybe by doing some kind of self-improvement. They don't do all that, and a perfect example is somebody who lives on a salary instead of saving and using their savings to invest or start up a business, or apply for any self-improvement course that might help them in the future, they wouldn't do that. They will prefer spending their salary as it comes. Even when they are increasing their salary, they don't have any savings.
On the other side.
On the other side, we have those who put much into life because they are investing every day into self-development and into a business they can call their own. It's not because they have a blueprint of the future or how it might turn out, but they are constantly trying to improve themselves by not living in the moment and thinking about the future.
Investing in the long term requires making tough choices and sacrificing present pleasures for future gain. It involves planning for the future without being too caught up in the present moment, which can be challenging. However, if you can make the right decisions and invest in the long term, it almost always pays off in the end.
Make it longterm
When we look at the success rate of those who invest in Crypto for the short-term gains It's not as high as those who invest in crypto in the long term, just because short-term trade will only give what you could spend a short time but investing in the long term can make you a fortune, just like investing in yourself for when you're trying to develop yourself or investing in relationships, investing in your health. All those things are a long time plan, which will add up at the end of the day. Don't get me wrong, you will also make gains when you are living in the moment, but it's nothing compared to those who invest in the long term. Investing in oneself and finding a good project to finance for the long term can be the key to success. Although it may not seem to make sense at first, investing in the long term can be rewarding. Building healthy relationships with a long-term mindset can also add up and contribute to success.
More from dwayne16
Instinct and knowledge the polar in making a financial decision
Greed: the unsatisfied hunger for money
Is it stupidity or manipulation
Analyzing the market is good for everyone in crypto.
Invest in what you understand.
Thanks for your time.
