Posts Tagged ‘ crypto ’

Prioritise what motivates you

I am not the biggest reader but I make a point of reading a business or motivation book monthly. What I found out and picked up a few tips from highly accomplished people like Richard Branson , Warren Buffet , Bill Gates etc , and there is a few things that these Entreprenuer do the same . Here are is one key strategies that a minority of them us .

Prioritise what motivates and give energy to-you:

We all would love to though to be able to take recharging weekend trips, that’s not realistic. However there are plenty of ways to take a break from your weekday routine that don’t involve hopping on a plane, boat or ship 😉 . This could involve everything from having a leisurely Saturday morning breakfast, to sitting reading book , having a drink with friends , there are many ways to relax .

Bill Gates likes to and down on his weekends. “Playing bridge is a pretty old-fashioned thing in a way that I really like,” he said in a Reddit AM session in 2014. “I was watching my daughter ride horses this weekend and that is also a bit old fashioned but fun. I do the dishes every night — other people volunteer, but I like the way I do it.”

Richard Branson takes a slightly more active approach: We read this in The Telegraph that he prefers to spend his Sundays doing more physical things, like paddleboarding, boat racing, and rock jumping.

When you around people for nearly 16+ hours a day , spending time also is something I do really enjoy spending time alone . This can be energising, great time to reflect and meditate on what is important to oneself , looking and add to the goals . A study frond from Harvard’s found that people who spent 15 minutes reflecting at the end of the day had higher levels of performance than their colleagues who did not take the time to reflect on a daily basis.

One key thing I try and do as much as I can , spending time as much as with family , partners, or friends is important, but not necessarily something they have time for Monday through Friday. The weekend is the perfect time to prioritise connecting with your loved one. Ones family is one of the greatest motivation to keep one going during the crazy week and any difficulty that might pop up .

Fear & Greed – Understanding how emotions are driving markets?

What most people forget when starting to look at investing is how much the emotions of fear and greed will play an important role in the behavior of stock / crypto prices , economic statistics, valuations, earnings, and . Short term these two emotions are just as important as any other factors or even more so .

This post will go through the role fear and greed play in the psychology of the market, and how investors can use it to their advantage . One of the greatest investors in the world uses this psychological techniques :

Warren Buffett on Fear and Greed

What is fear and greed?

For as long as investing has existed, it has been clear that price movements are not always rational, they are more emotion playing a key role in the decision making of investors. Of all the emotions that can affect the prices and other assets, fear and greed are the most unique .

Wen greed dominates, investors are concerned with more returns . Confidence is high, and headlines good news. This is also when the prices of riskier assets outperform conservative assets.

When fear dominates, investors are concerned with preserving capital. Investor confidence is low, and headlines of news are bad . This is when safe haven assets like US treasuries,gold , Bitcoin often outperform other asset classes.

How do emotions affect the stock market?

If you look at the price chart of any crypto / stock market index, you are likely to notice that volatility is greatest at major highs and lows. Very often these highs and lows don’t correspond with major changes in the economy or corporate profits either. Increasing volatility is a sure sign that emotion, particularly fear, is playing a part in the decision-making process of traders. Fear is not only associated with downside – the fear of missing out(FOMO) can drive prices to irrationally high levels.

I’ll write part two tomorrow on how to utilise this and

Focus on solution

Something this situation has re emphasised to me #focus on #solutions and keeping a #positivemindset and then taking the actions to fulfil them, #motivationalquotes #mindset #goalsetting

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