Filosofia avanzata degli investimenti dell'autore Professore Adam.
2. Business or Gambling: A critical look at cryptocurrencies.
Cryptocurrencies are not just another lottery ticket in the form of digital memes. It's a business opportunity. Do you understand this? The majority of people who start investing in cryptocurrencies are in a constant state of anxiety caused by fear. Most of them are afraid of losing, which is the most insidious type of fear. With this fear, people try to convince themselves that they have already lost the money, so they don't have to face the emotional pain associated with inevitable loss. This is where the gambler mentality comes from.
An example could be when people say things like: "I have a thousand dollars and I'm ready to bet on a few tokens with a high profit potential. A 10x increase would be great." In their mind, they have already convinced themselves that they will lose money, not because they don't want to keep it, but because they fear loss and want to free themselves from that feeling, replacing it with a dopamine rush of hope.
Professionals don't gamble and don't hope. Research, hard work, and self-control are the keys to success. Either you force yourself to behave like a professional, at least once in your life, or you don't invest money at all. Gambling is toxic to the mind. It's a way of convincing oneself that losing money is okay. It never was okay! It never will be! I'm talking to you, yes you, who are listening to me now, never, ever take risks on any investments, never again for the rest of your life. If you don't have an unfair advantage, you shouldn't invest.
What about the direct fear of loss? People are afraid of losing, they are nervous with every market move. They trade with this fear, which must be nurtured as a skill. The best traders accept the fact that not all trades will be profitable. Only professionals live in peace with this fact.
Less experienced individuals live in such a pressure of inadequacy that they feel safe only when they are promised 100% success. When they can't get that guarantee, they panic and change the rules. The same rules that were meant to protect them. Understand, changing a working strategy in panic to avoid the inevitable leads to destruction.
Stick to the strategy or the advantage. If the strategy doesn't work, close all positions, come back after some time and rewrite your strategy logically. Trading must be an emotionless experience. If a trade doesn't work, exit immediately, without any guilt, thoughts, or hesitation. This comes from accepting the reality of how market randomness works.
If you can't deal with uncertainty, you will live in fear for the rest of your life. You will have to stick to your job like a good slave, steady paycheck, week after week. You will never be afraid, but you will also never achieve glory. The direct fear of loss can stem from a sense of not being able to trust the market. The truth is, the market is a killing machine and you can completely trust it to do what it does best, which is... exploit uninformed individuals.
After considering this, it should be clear that you can't trust yourself. Amateurs can't trust themselves in conducting research, they can't trust themselves in creating a plan or strategy, they can't trust themselves in consistently executing a strategy with a confirmed advantage.
2. Business or Gambling: A critical look at cryptocurrencies.
Cryptocurrencies are not just another lottery ticket in the form of digital memes. It's a business opportunity. Do you understand this? The majority of people who start investing in cryptocurrencies are in a constant state of anxiety caused by fear. Most of them are afraid of losing, which is the most insidious type of fear. With this fear, people try to convince themselves that they have already lost the money, so they don't have to face the emotional pain associated with inevitable loss. This is where the gambler mentality comes from.
An example could be when people say things like: "I have a thousand dollars and I'm ready to bet on a few tokens with a high profit potential. A 10x increase would be great." In their mind, they have already convinced themselves that they will lose money, not because they don't want to keep it, but because they fear loss and want to free themselves from that feeling, replacing it with a dopamine rush of hope.
Professionals don't gamble and don't hope. Research, hard work, and self-control are the keys to success. Either you force yourself to behave like a professional, at least once in your life, or you don't invest money at all. Gambling is toxic to the mind. It's a way of convincing oneself that losing money is okay. It never was okay! It never will be! I'm talking to you, yes you, who are listening to me now, never, ever take risks on any investments, never again for the rest of your life. If you don't have an unfair advantage, you shouldn't invest.
What about the direct fear of loss? People are afraid of losing, they are nervous with every market move. They trade with this fear, which must be nurtured as a skill. The best traders accept the fact that not all trades will be profitable. Only professionals live in peace with this fact.
Less experienced individuals live in such a pressure of inadequacy that they feel safe only when they are promised 100% success. When they can't get that guarantee, they panic and change the rules. The same rules that were meant to protect them. Understand, changing a working strategy in panic to avoid the inevitable leads to destruction.
Stick to the strategy or the advantage. If the strategy doesn't work, close all positions, come back after some time and rewrite your strategy logically. Trading must be an emotionless experience. If a trade doesn't work, exit immediately, without any guilt, thoughts, or hesitation. This comes from accepting the reality of how market randomness works.
If you can't deal with uncertainty, you will live in fear for the rest of your life. You will have to stick to your job like a good slave, steady paycheck, week after week. You will never be afraid, but you will also never achieve glory. The direct fear of loss can stem from a sense of not being able to trust the market. The truth is, the market is a killing machine and you can completely trust it to do what it does best, which is... exploit uninformed individuals.
After considering this, it should be clear that you can't trust yourself. Amateurs can't trust themselves in conducting research, they can't trust themselves in creating a plan or strategy, they can't trust themselves in consistently executing a strategy with a confirmed advantage.
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