A place called Cryptoland

in #hive-16792210 months ago

Alright lions, gather 'round for a story about a place called Cryptoland.

In this fantasy land that is by no means meant to be taken seriously by people like you, we can find tons of people trying to get ultra mega rich in the shortest span of time possible, and they do so by trading something called cryptocurrencies, which is kind of like an imaginary brownie point system that other internet frens might also have.

It's like Magic The Gathering or Dungeons and Dragons, but with digital tokens that have no real value except for the value we give them, and the value those who are looking to invest in brownie points are willing to pay for.

So, in the news of 2024, there's a big talk about how most of the people in Cryptoland aren't quite as experienced as they think they are. Imagine if you were learning to ride a bike, but you've never actually gone all the way from your house to the ice cream shop and back. That's what these folks in Cryptoland are dealing with—they haven't seen the whole cycle of things going up and down yet.

They're also really excited about their favorite coins. It's like having a favorite superhero and thinking that hero can do anything, even fly to infinity and beyond. But, just like how Spider-Man needs to watch out for bad guys, these coins need to watch out for their ups and downs too!

And get this, they're not paying attention to these little candle thingies. Imagine trying to bake cookies without watching the oven—that's what it's like! These candles give hints about what might happen next, but they're ignoring them!

Now, being smart with money is important, just like when you share your candies equally with your friends. But these Cryptoland folks aren't doing that! They're not being careful with their risks and they're letting their emotions do all the talking. It's like being on a rollercoaster but forgetting that you can press the stop button anytime.

Instead of practicing and getting better, they're just running after new things all the time. It's like having a favorite game but never really learning how to play it properly!

But guess what? There's a secret to doing better than these folks. It's not some big magic trick or a special coin. Nope, it's putting in just a tiny bit of effort every single day. Kind of like how you practice drawing your favorite cartoon character a little bit better each day!

See, if you do that, you'll be like the superhero among these traders. They might think they're tough competition, but if you put in that 1% effort daily, you'll be zooming past them like how Superman zooms through the sky!

So, when you're in Cryptoland (or anywhere else), remember this little secret: Slow and steady effort wins the race, just like the tortoise and the hare story.

You don't have to be the fastest or the strongest. Just keep learning and improving little by little, and you'll be the real superhero in your own story!

Posted Using InLeo Alpha

Sort:  

an excellent reflection and very important for those who want to be able to take advantage of this cycle...

It's probably the last ilfe changing cycle, but what do I know fren

Many like to run on the emotional fuel that comes with highs and lows of the market.

Said the same thing on thread today about showing up daily as that will always put is in a better position(without fomo) than those trying to beat the market by following the shiny new thing on the block.

I realized that I'm already addicted to the dopamine rush of short term trading cents while holding dollars in my long term wallets. I didn't start to trade short term for the fun, but to learn how to control myself and develop emotional coefficient - and now I'm addicted lol - but yes, showing daily and learning on a daily basis is the key.

Slow and steady wins the race, great advice nicely written article !BBH

Thanks man!

@anomadsoul! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bitcoinman. (18/50)

Jongolson mentions this often. You have to build your own road and DCA into the crypto. If once that is done you are set and you don't have to worry and compare yourself with others. Build, engage and grow as they say.

In crypto, we only depend on ourselves to make it, there's no big daddy that we can ask for gibsmedat. That's why adoption will take time, because it requires a mindset change from the users.

Very nice picture. Did you paint it?
;-)

Hehe, by hand!

Yeah, I keep learning everyday about crypto and that's a good way to be a superhero in the crypto land.

This is the way, we must be in a mental state of constant learning, our literal future depends on it.

Usually in life ppl tend to do things slower because most of the time means less effort on this equation the factor $$ changes everything, its so funny because it really doesnt exist, you cant control it and in the long term if you are on the right investment it really doesnt matter, for me Bitcoin and Hive are the right investment and this is my first full market so it really doesnt matter right now, just trying to be here every day ✌️

Time = money, but investing time when you are not qualified to make money is the best investment so that when you are qualified, you can actually make money!

thats how I feel on my first year on Hive 😅 there are some things that I have discover were mistakes but nothing big, one full market cycle is my target and when I think about it Im curious how much would my account grow specially during bear market, if only I had discover Hive on 2022 when everything was going down, I guess ppl were daily posting of price only going down 😂