12th March

Don’t get tied to your bags where you refuse to consider new things coming out

Nothing gets itself right on the first iteration. Even current crypto projects can progress, develop and become relevant again. Moreover, your current holdings projects could fuck up for some reason — that’s why it’s always good to keep an open mind.

Always assume that you are the stupidest person in the room.

That way, you are forever listening.

The world is changing so rapidly.

Everything will be invisible 10 years out.

High Publicity levels

People starting to go “hold on, what is going on here?” ..

Research

Hard work leads to higher probabilities of making lots of money.

Don’t talk in finalities. Good investors never talk in absolutes.

Good tip from Intrepidgains:

People are shaped by their needs and desires. If listening to someone, ask yourself if the technology they care for benefits them, and if they technology they are against is threatening them.

This is why it’s so important to surrender. This way, it is easier to see things clearly. This is what is necessary to do to overcome the potential emotional barrier to the truth.

Good

Something feels weird here

Can’t put my finger on it. Although they do seem like more of a fintech style bank than a traditional service. It would be way weirder there. But the flippant tone in the way that a stimulus check is brought up seems to belie a certain carefree attitude to money. As if it’s just “free money”, rather than a really vital addition to your bank balance to pay for your goods and services.

A good approach to trading, but also investing

The key here is the phrase “the higher the probability your setup becomes”. In any investing or trading scenario, you are always analysing probabilities, since there are no absolutes. The more independent research is done, the better at doing independent research one becomes. And therein, they increase their likelihood for high returns over the course of however long they invest.

Zooming out

Crypto never sleeps. Things are really fast moving, and there is so much information to consider. There’s way too much for that matter.

Keeping a place outside of not only crypto, but also from looking at computers, this is really worth it. It will likely indirectly improve your understanding of crypto (through having a clear head), and you’ll be happier for it. It’s not worth giving your health, just to watch a number go up and down, especially when your strategy is not to trade, but to invest. Your investments are also for long term holds. They appear to be good investments, but they must have time to play out. Keeping up with crypto is interesting, and informative, but it is not necessary with your strategy, save for finding core market data. To repeat, watching a number go up and down is just mindless, pointless, and will wreck your analysis, not to mention your health.

Finding ways to reduce, as much as possible, the time spent looking at crypto is good for your endurance. Because this is a marathon, and not a sprint. And a good rhythm will serve better than any snippet of information ever could. Because over a longer time span, the picture will appear more clearly, and you will be happier.

***

Some upcoming projects:

Fei Protocol (22nd March)

Centrifuge

Acala

Zeitgeist

Boson

Also

If the market doesn’t dump on bad news, then it is bullish.

And conversely by the same logic, if the market doesn’t pump on good news, then that’s bearish.