Crypto & Risks: Living In The Bubbles Of Stability
I've been reading the views of different people about risks lately, this is because it's surprising to come to terms with the definition of risks by some people. But then, when I try to understand their definition of safety, it's pragmatic, too rigid, and sometimes not easily comprehensive.
One thing I've come to understand is that there are no safer risks, all we have is calculated and uncalculated risks, whatever it is, there's no guarantee of safety to any of this, it's just that there's a likelier chance of success with the former.
When Hive hits its ATH of about $3.4, we had so many people wishing they'd bought it when it was lower. However, were these wishes genuine, for the love of Hive, or even out of investor's instincts? No. To me, these wishes were mainly out of loss and greed, majorly, as this doesn't resonate with everyone.
The Money Procrastination
The truth is, people, bemoan the fact that they didn't make profitable decisions, but they also don't want to be in that position where they would have to make that decision especially since they don't know if it'll be rewarding and worth it in the future. Let's look at it this way.
No one knows the future of any investment venture, be it gold, stock, Real Estate, or even crypto. We can only predict the future, based on the signs, omen, likelihoods, or possibilities.
However, intentional procrastination is one of the reasons why people don't invest when they could have, this is because the inclination of fear is bigger than any prospective rewards for them, nevertheless this is balanced by the subconscious cognizance that they may or may not be making a mistake.
When investing, no one is a complete winner or loser, we're a little of both and the quest to be winners alone is impossible.
Losers & Winners
Investing deals with intuition, we tend to be permutative and predictive when it comes to investing. So because we cannot see the future, there's always the possibility that we would be losers and winners, the ratio is dependent on things like risk management and being more brilliant with our decision making.
The decision to buy Hive when it's low can go both ways. Everyone understands this. This is the reason for procrastination, It comes because of doubt, but then people understand that when they don't eventually buy when they should then they might have themselves to blame.
However it's not bad to procrastinate when it comes to buying at the low, that hesitation helps people to make their decision. It only becomes counterintuitive when people begin to regret not being in the position to decide to buy
Risk: As Good As The Result?
Risk is relative, sometimes it's being hailed when it yields returns, and sometimes we begin to see the futility when it doesn't yield results. I feel that our lives are built on parameters of risk and absolutely stability is only an illusion. There's one thing I've discovered with crypto. Some people want others to fail where they've failed.
They're not just hoping for the investment choices they didn't make to profit for the ones who made that decision to take the risk. They're also hoping these people can fail to validate themselves. People who believe an investment prospect is bound to fail try so hard to also convince others that it'll fail.
This isn't just out of the goodness of their heart. One impressionistic aspect of humans when it comes to investing is that some people want to profit off a project alone, but they don't want to fail alone. This is a harsh reality. Nevertheless, it's crazy to think people should fail with their choices because they failed too.
The External Influence On Your Instincts
One of the reasons why people are skeptical about investing is because of listening to external financial advice from supposed "experts" while these people are seldom right, they're not always correct. By default, the life we live itself is risky, there's no guarantee for stability even when there's the illusion that we're stable.
Some things make people feel stable. For example, a person who owns a million dollars would feel financial, this is only an illusion. Realistically, the stability that this money brings decreases daily because it's being spent.
Some people like to live in a bubble of stability hence it becomes illogical for them to take risks. Sometimes, life brings us opportunities but the circumstances or difficulties that come with these opportunities are the reasons why we often procrastinate, it's the same situation that comes with investing in Crypto.
Interested in some more of my works?
Crypto & The Outrageous Learning Curve: My Splinterlands Journey As A Case Study
Understanding & Adjusting To The Real Purpose Of Motivation
Thematic Expression: African Child (Shot & Edited On My iPhone 12)
How I Create Original Images for My Blog & Why This is Important
Budgeting: Paying Yourself First With Crypto
Establishing Compatibility: A Case For Self-Improvement
@Josediccus, your brother-in-pen & heart
I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog
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