It's the first time in a long time since my investment plans had been ruined and this is because I might have burned many potential golden geese to fund the emergency that I'm currently faced with.
One thing everyone knows is that it's important to spot out potential, especially with crypto projects that are likely to do well in the bull market and while the parameters to judge these conditions might be different with certain people.
It's one thing to spot a project with potential, it's another thing to put one's money where their money is. We must understand something, Crypto is about money, good decisions and time when you've got these locked in then inevitably you'll make more money.
Intentionality: A Necessary Tool
Money itself is about preparedness and availability, this means that investment funds shouldn't be in contention with any other thing because when it's so, this is when there's the prospect of regret. Crypto is like the biblical allusion where you have ten virgins, five were wise and five were foolish, and what differentiated these two sets of people?
The decision to be prepared against uncertainty. In reality, uncertainty is part of crypto. If the bull market refused to come sooner, will there be a contingency plan? Would you enact the different phases of your plans or just harvest your investments too early?
For a few months now, I chose to enact some life goals using my Crypto funds, while these funds were meant to be an emergency stash for any uncertainty regarding crypto, I felt I could come up with a brilliant plan to return these funds.
The "Give Caesar To Caesar" Analogy
One thing I've realized is that returning borrowed money is difficult and this isn't because the willingness to return that fund isn't there, sometimes changes happen leaving people with the choice to either return a fund they've borrowed or take care of a newer challenge that they're faced with.
This is to say that our hopes cannot halt the uncertainty from enacting expectations and this is why we must differentiate our real-time needs and desires from our crypto goals.
As a young man starting in life, having the right Crypto plan can become the plug to kickstart one's life engine, crypto can fund one's dreams but when you dwell too much on this realism you might fail quicker than you know.
Building A Symbiotic Goal Process With Crypto
The focal point behind this post is that while crypto can help people to achieve their dreams they must never underestimate the work, money, time, and good decisions that are necessarily important.
This means that while life and Crypto can be entwined if we place dependability on this without putting in the money, effort, and time, all we'll ever achieve are incubated dreams. Simply put, some people see crypto money as being magical, they take everything they see without investing and diversifying.
They milk too much without growing. It's like a proverbial match stick that was lit, if it's not passed on to another energy source, its essence for being lit quickly dies.
The Limitations Caused By Uncertainty
People who see crypto as the future will understand this. A lot of people with crypto fortunes are often envied, but at one time, these people might have chosen a huge life priority to secure a coin that might change their future entirely.
While we're still uncertain about the future of crypto, this shouldn't become a criterion for a person to harvest everything they own. The fear that crypto will go to zero is that many might never really realize any of their real-life potentials.
My mother's burial should be in two weeks and this unexpectedness of this event has taught me terrible life lessons.
Interested in some more of my works?
Keying Into Sophistication & Exposure To Forestall Economic Revolution
Money: The Learning Curve & Translational Process
What Makes A Job Opportunity Lucrative?
Shopping Online & The Illusion Of Buying Cheap Things
The Humanistic Approach Towards Scarcity & Competition
Spending & Accumulating: The Low & High Point Of The Crypto Seasons.
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Things don't really go as we expect most of the time. So the best we can do is plan for the best and prepare for the worst. I really wish to say that I can live off crypto full-time but the industry is changing and we never really know what will happen.
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Well.... While one cannot completely live off crypto, the best thing is as you've said. Plan for the best but expect the worst.
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Honestly, this uncertainty of a thing is why some even add it as prayer points at various worship places. It alters or destroys concrete plans as far as their weight. Also, I think people should kind of put their lives and crypto aside cos if they are together, we may get beaten by things like the severe bear market for example.
I understand your plight, brother. Do take heart... may the force be with you!🙇♀
Uncertainty is a huge game changer when it comes to people and this is probably because of how the human nature is. Nevertheless, we cannot etch ourselves completely because we're not omnipresents. I think we will always have it as a key Factor in our lives. The only thing is to be prepared irrespective.
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Yes...it has always been with us. And we cannot be overprepared for it too..
Real life problems are always very difficult to face because they happen unexpectedly. Sometimes we make good decisions and spend our time wisely but when life happens it makes us look weak .
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Exactly, we can do everything rightly only to have life upturn everything we have done rightly or built. It's the unexpectedness of how life comes, it can be painful.
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😳😳😳. Mother's burial? I.had no idea you lost your mom. I haven't been a good friend have I? 🤦. I'm so sorry.
No matter what you build, if the timing isn't right, if the system isn't planned and if strategies aren't analyzed, then it's no use. I have my own share of borrowed money and giving back shouldn't always be a problem but somehow, I seem to loose more when I borrow 😅. I don't know if that makes sense.
Making good decisions especially on crypto is like passing a camel through the eye of a needle. That is until, you switch with a thread because it's the most logical and simplest thing to do.
She died about 4 days ago, I posted about it and, I do not blame you. Everyone has lives to lead.
It becomes a problem especially when you're faced with a huge situation that you never expected just like it's currently happening to me. We can never be too good with borrowing especially when we do not forsee circumstances that are financially depleting.
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Crypto is unpredictable. I always say one shouldn't be relying wholly on crypto as situation can turn around pretty much quickly.
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You're absolutely right, takes gut to accept this in totality. Thanks for coming through.
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These are determinant winning factors in crypto and perhaps other investment ventures as well with decision and time being most important from a crypto point of view.
I had the experience of spending my crypto last year which you know about for life's needs, the goal was to pay back what a took off my investment but that never happened, I couldn't because Hive and other cryptos appreciated lol, so it will cost me more fiat which I don't have.
Am glad though my cryptos came to my aid during those difficult times.
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Well, there's always one thing that makes it difficult to pay back, this is one thing about borrowing. It's always difficult to pay back. At the moment I know I'm borrowing my hive to fund my mother's burial, but deep down I know i might not be able to pay back.
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Nicely put
Thank you
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