(IJCH) “Message to my stressed out, insomnia-ridden Crypto Noob Friends”

Article Snippet : “Could’ve, would’ve, should’ve” thinking is a non-productive, futile mental exercise.

“Message to my stressed out, insomnia-ridden Crypto Noob Friends”

image by usbeketrica

“Could’ve, would’ve, should’ve” thinking is a non-productive, futile mental exercise.

It’s a loser’s mentality that bounces from indecision to a sudden “relief FOMO” and then 99% of the time later, to buyer’s remorse.

image by trustpulse

Better to pass on a project you have not researched than to FOMO.

Yes, you MIGHT have made some money, but then again, you haven’t lost any either.

The best solution is neither secret, nor glamorous.

It’s called DYOR (Do Your Own Research).

With DYOR, you understand the SWOT (Internal Strengths and Weaknesses vs. External: Opportunities and Threats) of your prospective project.

image by wiki

You gain enough confidence to make an informed, not blind, investment decision.

IMHO, “Principal Preservation” is paramount.

If you squander your principal, you will soon be out of the whole game. Or worse, in debt…

In lak’ech, JaiChai.

This is YOUR TORUM INVITATION!

(^images by author)

JaiChai 2–13–2021. Simultaneous multi-site submissions posted. All rights reserved.

Originally published at https://hive.blog on February 13, 2021.

I'm retired (U.S. military) and living on an island paradise with my girlfriend, teenage daughter and two dogs.

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JaiChai

JaiChai

I'm retired (U.S. military) and living on an island paradise with my girlfriend, teenage daughter and two dogs.

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