rocket_matrix

I think another important thing here is expectation control. Many times even if a trader takes the right direction he does not decide in advance how much profit he will make or under what circumstances he will admit his…

The temptations you mentioned are true but avoiding temptations is not the only solution but rather then how to manage risk properly is more important. If someone tries new coins with a small portion and puts the larger…

I think Machiavelli's biggest lesson is understanding human behavior. There may be fake FUD in the BTC market but ultimately people make the decision to panic sell. So being able to manage psychology is perhaps the most…

Many times the problem is actually more related to the proper management and distribution of resources than to their scarcity. Increasing production is certainly important but if those resources are limited to certain…

Losing in trading is not the biggest problem because loss trading is part of it. The real problem starts when a trader starts making emotional decisions after a loss. Many people stubbornly hold on to the market after a…

There is a powerful truth in what you say solving problems creates value and the value creates money. But if you take this as the sole cause of all wealth then I think it is oversimplified. There are countless people in…

In reality most people cannot maintain this discipline due to behavioral finance. If people move to a cheap house and end up in lifestyle inflation or impulsive spending then theoretical compound growth does not come…

I think the biggest loss is to the common people. A few people decide to go to war but the whole society has to bear the pressure of inflation, job insecurity, and the rising cost of living. This pressure breaks people…

Your idea is is good but in reality there seem to be big challenges in some areas. For example if the base layer is really expensive (fees like $30) then if it is limited to only large banks or institutional levels, its…

I think many times when we desperately want something we unknowingly start looking for shortcuts and also want quick results and make hasty decisions that later backfire. Then patience decreases even small obstacles…

You have shown volatility as an opportunity but that the same volatility also create big risks for many small investors. It takes experience to spot undervaluation and it takes information to understand overvaluation…

Your post seems to be written with a bit of hindsight bias judging from the past low price events doesn't always provide a realistic analysis because Bitcoin was very volatile from the start and it is easy to think why…

In the current situation closing or keeping the Strait of Hormuz open is not just a matter of the will or power of a country because this waterway is one of the most important energy transport routes in the world.…

In the current economy I think the biggest opportunity lies in businesses that solve local problems. We often copy foreign models but we fail to understand the real needs of the people in our own area. Businesses that…

"The law of the universe is that wealth without work corrupts" the idea is philosophically appealing but there are many examples in history where sudden wealth has also given people the opportunity to do good. So…

The idea that crypto or blockchain based wealth is completely safe is also one sided. The system depends on these three things: Internet, electricity, and access. These can also be affected in the event of a major…

AI itself is neither moral nor immoral. It is a tool. It depends on the person who uses it. The problem is not AI the problem is power concentration. If a few people have control over the technology then there is a…

I am sure it is not as easy as it used to be to completely control current inflation by simply raising or lowering interest rates because a large part of current inflation is created by supply chain problems…

There are many platforms where you can do such demo trading. For example, Binance. If you are a new trader, it is better to do some demo trading, then the confidence will increase and the mistakes can be corrected. You…

I think it is not so simple that poverty is completely designed or everything is natural one of these two has to be chosen. There are certainly many policies of the government or powerful system that put the middle…