Living in Shrödinger's cat box

It is nice to see a little green in the garden, as well as the markets. I would have loved to have had a bit more stable to move in than I did, but some is better than none and perhaps 5 years down the trach, that little bit will be worth a little bit more.

It looks like Enjin (ENJ) is kicking it off out of my major holdings today, but I get the feeling that HIVE is going to make a significant move soon too, though don't quote me on that, as I am rubbish at picking the markets, which is why I am more of a holder. However, holding isn't always possible, if there isn't enough fiat availability to get in, so shuffling a little from token to token is necessary to add a little diversity into the mix.

In this regard, I hope some of the yield project returns can be used to build more diversity into my portfolio. It is funny, I was looking at one today with BTCB in it and it is returning 80% APR and I was thinking "Is that enough?" before I caught myself and said - it is 80 effin' percent!

It all depends on how much is in there, as to whether it is "worth it" though, and of course where one is located - as well as other life factors. I am generally careful when people talk in percentages though, as it doesn't mean there is volume and without volume, large percentage gains might be quite insignificant. We each have to work out for ourselves, what percentage of our skin are we willing to put into the game.

There are many people who will never take that leap though, never take the risk, as they always look at it from the perspective of what could be lost, rather than the chance of better.

They say, only risk what you can afford to lose, which makes sense, but it the question of what can be afforded to lose comes into play and this isn't necessarily objective. It will generally make people become very conservative in their investments, which might be a good thing in many respects, but it also means that the chance for better is far less likely if there isn't enough investment put in. Yes, there can be great percentage wins, but that doesn't mean it was a significant enough gain to bring opportunity or make a difference.

It doesn't have to be all or nothing either, there are middle paths to take, but I think that a lot of us take the easiest path, which is the low-risk, low-reward path of comfort. This doesn't even have to be about money, as I see it present itself in a thousand different ways, where people "choose" not to learn skills or put in effort because they fear the outcome.

It took me a long time to learn this about myself as a kid, that there were many things I chose not to do because I was scared of failure, with failure not the actual thing I was scared of, it was just a catalyst for my fear. What I feared was the loss, with the largest sense of loss coming from me feeling like opportunity was taken away by failing.

Before attempting something, It is like Shrödinger's cat in the box, where there is a possibility of alternate outcomes, But after the attempt, the outcome has been determined. By not making the attempt, I would be able to hold the position or illusion in my head that, I could have done it if I wanted to. After the attempt, I know the outcome for certain, any illusion broken.

But, the value of failure generally has a lesson more valuable than the cost of the failure and having made the attempt, gives information that informs for the future - will there be another attempt, or was the pain of the first too much to bear?

I think that in trading, the most successful are the ones who have failed enough to learn the lessons on which to build success. I think that a major lesson is, there is no end to the learning process, which means, not everything will ever be known and that translates as, risk is a constant companion that has to be embraced, investigated and understood.

There is not one person I have met in my life who doesn't want a better life, yet I have met many who are unwilling to take the steps toward one, including myself. Why did I choose the safe degree option over the one I preferred, why did I choose to stop playing a sport I loved, why didn't I ask that pretty girl out for a cup of coffee way back when?

It was all about avoiding uncertainty so that I could maintain my world view of myself, one where I had options available, where I could have done these things if I put my mind and body to it, to live an alternate life. I can hold that view because there is no evidence that can say otherwise, because the cat is still in the box, the questions can remain unanswered.

It is all hearsay, counterfactuals and hindsight, but when we understand this in ourselves, will our next decision be different, or will we keep doing what we already know, and take the path that is certain, the one that keeps our opinion of ourselves constant? I wonder how many say at some point in their lives, I had a chance for a better life and I chose not to take it, because I was scared about who I would become.

Taraz [ Gen1: Hive ]