Effect Of Delayed Gratification On Investment Outcome. - page 2.

teosanru

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Quote from: Cryptomultiplier on August 19, 2022, 05:39:22 PM

To delay gratification is in my belief; to forego consumption today for greater prosperity tomorrow or better put, delay today's enjoyment for tomorrows benefit. The benefactors who stick to their strategy, have more consistent performance over time. By finding ways to embolden ones own discipline by either looking away, or by holding your long throat, one can use similar tactics to do the same thing as an investor. Think out a plan. Write it down. Set up automatic deposit or dividend reinvestment plans.

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

Actually this thing has two different answers because in some cases it might give a positive outcome when your investment is something like bitcoin which has been giving positive returns since ever but what if your investment is something like LUNA ,you waited for ever to sell it at a price of $150, see what happened with their wait? All of them had to sell their LUNA for peanuts altogether. So this can't be said to be true in all the scenarios.

el kaka22

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This is definitely a method many people use, but I disagree with it for my personal life. Why would I delay enjoyment in my life when there is so little of it left. If you want to have a wikipedia page about you written by your fans, then it would be smart to try and build something big and save money for it and stop enjoying life for a while so that you could end up building something.

But, if you do not want that, and you just want to enjoy this short span of life we are given, then you should not postpone any happy moments and do whatever you can afford to do, sometimes even things you can't afford to do but pay later on with instalments just to have that. Debt is not bad if you are happy with your life, debt becomes a problem when it ruins your life, now the limits of debt you can acquire.

Smartvirus

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These are little strings that investors pull to ensure there staff give there jobs there best and you can say, a happy staff is surely going to do the job in the best way possible, not because his been paid for it but, his effort in ensuring that it all comes out perfectly is been seen and appreciated.
Now, you withheld or delay payment if gratuity, probably to bring about competition between the staff, to reinvest the money and make some more money off it but, as your staff happy? I guess not and when the staff aren't happy, your going to have them withhold how much effort they put in delivering there job.

Competition on the other hand might result in good outcomes butcould create a tense situation at a wor place with each person trying to out do the other and could result in mistakes too.

Delay to reinvest might be tactical reaping from your staff. I prefer you just pay if its due and ready.

vv181

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Quote from: Cryptomultiplier on August 19, 2022, 05:39:22 PM

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

Delaying gratification is meant to save things, not to achieve any certainty in the future. We choose so because we believe that the present is worth sacrificing for the greater good in the future. It is a different causality between delaying gratification with a determined investment return. So, just because someone is working hard in the present doesn't mean any investment they make would be profitable yet ahead in the future.

bestcoins1

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Quote from: 2stout on August 21, 2022, 06:46:08 AM

Delayed Gratification, do you want now (short term) and are ok with losing out or patience (long term) for huge gains. Or better yet, delayed gratification= HODL

My wish is still a HODL for greater satisfaction in the long run. Because I think if it's about holding Bitcoin in the long term, then I'm still very happy to do it and still very patient with it forever. It is about a person's belief and trust in what he holds in the present moment for the long term. So it is necessary to see what is really good to hold before living it for a long period of time.

2stout

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Delayed Gratification, do you want now (short term) and are ok with losing out or patience (long term) for huge gains. Or better yet, delayed gratification= HODL

Ultegra134

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Quote from: Cryptomultiplier on August 19, 2022, 05:39:22 PM

To delay gratification is in my belief; to forego consumption today for greater prosperity tomorrow or better put, delay today's enjoyment for tomorrows benefit. The benefactors who stick to their strategy, have more consistent performance over time. By finding ways to embolden ones own discipline by either looking away, or by holding your long throat, one can use similar tactics to do the same thing as an investor. Think out a plan. Write it down. Set up automatic deposit or dividend reinvestment plans.

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

Honestly, it depends on the occasion, but the general rule does apply into building your future. However, there are others who claim that it's best to cherish today, because you don't know what the future holds for us. The majority of people neglects the importance of investing and either simply save their money to a bank or is unable to save at all. In the first scenario, your money is susceptible to inflation and just sits there losing value, while in the latter, you live from paycheck to paycheck.

Bitcoin has enabled myself to look forward to a better future, which is essential, especially now, that everything is going downhill. Personally, I'm holding as much as I can accumulate, while investing another sum of money into DeFi, achieving an average of 10% APY, at least till I can come up with a better plan.

wiss19

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Delaying self/instant gratification do have lots of benefits. If you stay consistent of doing this for a long time or during your investment period then you will likely be successful on earning a great profits. The only problem is that it wasn't easy as it sounds but it takes a lot of willpower and I bet that many people are not that perfect about delaying gratification.

I think that's okay as long as we can go back again to our main objectives. Sometimes it is also alright to unwind, relax or enjoy a little bit because this crypto market is stressful. Not only that but also on what we are doing daily like working on our day jobs, doing chores, family responsibilities, etc.

Rruchi man

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Gratifications are never attending, and if you attend to them all, you risk never having a solid investment or no investment at all. It is however noteworthy to say that delaying gratification is not an endorsement to put yourself into suffering because you want to invest, if you die in the course of suffering, you will not take that investment no where, and your next of kin if you do have one may squander the money you died saving.

While pursuing to have a solid investment, IMO do not completely neglect your physical and mental well being, some little gratifications(wants) here and there that is good for your well being both mentally and physically and that will not affect your investing is good, but you shouldn't completely loose focus on the target your have set as per investment, and that is what is important.

tippytoes

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Quote from: South Park on August 20, 2022, 03:52:49 PM

There have been made studies in the past which show that delay gratification is in fact a key factor when it comes to explaining the success people get over time, and it is not difficult to see why, those which can delay the want to purchase something and instead save that money and then invest it end up in a better position later in life than those which were in the same circumstances but which spent their money immediately or even took on credit to make on their purchases, so it is important that before we buy something we want but do not need to think about it first and see if it is not better to save that money instead of spending it.

Not many people can hold off when it comes to their investments, especially if they are seeing good profits from it. But for those who can wait, they can reap the rewards and enjoy the fruit of their patience of holding off. But this is only true if your investment is worth waiting for. Because some need to be discarded once you see positive profit from it.

South Park

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Quote from: Cryptomultiplier on August 19, 2022, 05:39:22 PM

To delay gratification is in my belief; to forego consumption today for greater prosperity tomorrow or better put, delay today's enjoyment for tomorrows benefit. The benefactors who stick to their strategy, have more consistent performance over time. By finding ways to embolden ones own discipline by either looking away, or by holding your long throat, one can use similar tactics to do the same thing as an investor. Think out a plan. Write it down. Set up automatic deposit or dividend reinvestment plans.

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

There have been made studies in the past which show that delay gratification is in fact a key factor when it comes to explaining the success people get over time, and it is not difficult to see why, those which can delay the want to purchase something and instead save that money and then invest it end up in a better position later in life than those which were in the same circumstances but which spent their money immediately or even took on credit to make on their purchases, so it is important that before we buy something we want but do not need to think about it first and see if it is not better to save that money instead of spending it.

Findingnemo

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Quote from: Cryptomultiplier on August 19, 2022, 05:39:22 PM

To delay gratification is in my belief; to forego consumption today for greater prosperity tomorrow or better put, delay today's enjoyment for tomorrows benefit. The benefactors who stick to their strategy, have more consistent performance over time. By finding ways to embolden ones own discipline by either looking away, or by holding your long throat, one can use similar tactics to do the same thing as an investor. Think out a plan. Write it down. Set up automatic deposit or dividend reinvestment plans.

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

If you delay something like purchasing a new car then you have the money right now so you can use it as capital which gives returns to you so later you can buy the same thing you wanted along with the money which you have earned from the capital alone so it means delaying will give the opportunity to buy something with no spending of money.

lovesmayfamilis

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The realities of today's life and the realities of today's economy in all countries say that it is simply necessary to put aside all our pleasures for a while and prepare for a life without the pleasures that we allowed ourselves a year ago.
And today, if anyone has the opportunity, the right step will be to think about tomorrow. Today has already passed. Feed the family, clothe and warm the children, and enjoy life slowly.
And it is investments that will help us (at least I want to believe) that we are acting correctly.

virasisog

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You can still invest today while enjoying the things that you have. Investment doesn't mean that you have to cut things that give you joy in life. As long as we know how to manage our finances right, we can fill our needs today and in the future. Investing is still risky and it also matters as preparation for our future but we shouldn't disregard the things that we should be enjoying. We should still put things in balance.

Gyfts

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Depending on the investment, then sure, you might have greater prosperity if you've waived immediate gratification. I think you're overlooking the risks of investing a bit though.

Quote from: Cryptomultiplier on August 19, 2022, 05:39:22 PM

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

Not exactly. You can be disciplined and not spend your funds frivolously -- that does not guarantee the outcome in investing. Investing is still a risk. I'm not sure how discipline with your finances would allow you to predict the outcome of an investment.

Mauser

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Quote from: Cryptomultiplier on August 19, 2022, 05:39:22 PM

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

I don't think delaying the gratification of our investments is the best method to determine the success of our investment. Your are right that keeping our money invested longer usually means we get a higher return. Both consumption or saving in a bank account gives no return at the moment. Together with the inflation the only alternative we have is to invest, but there can be bad investment. In case we pick a mediocre or bad investment it will not lead to good returns, even if we delay our gratification. That's why we need to keep monitoring our portfolio and reevaluate oir positions. Sometimes it's better to cut losses and move on, instead of waiting for something to turn around. Long term investing is still the most important tool to build wealth.

Hydrogen

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Risk and reward are strongly correlated in finance, business and investment. Strong potential, short term, profits trend with elevated risk. These generalizations are usually accurate within the profile of investments and opportunities. Its uncommon to find an investment opportunity with high potential, short term, gains that is a low risk venture.

The role of an investor and buisnessman concerned with profits could be one of mitigating risk. Balancing potential gains versus risk assessments.

There's a common saying in markets that the best time to buy is when there's blood in the streets. Pro, high volatility, trading. High risk, high potential reward. Those who play that game usually have advantages over other traders in order to profit consistently.

For the average person. It can be beneficial to prioritize long term stability and gains with a lower risk curve. Don't get caught up in the gold fever and swell of emotions which correlates with a flatlining of account balances.

Its well worth it to search for good opportunities and develop perception in separating the good from the bad. Rather than try to take off on every new wave that rolls in.

Fortify

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Quote from: Cryptomultiplier on August 19, 2022, 05:39:22 PM

To delay gratification is in my belief; to forego consumption today for greater prosperity tomorrow or better put, delay today's enjoyment for tomorrows benefit. The benefactors who stick to their strategy, have more consistent performance over time. By finding ways to embolden ones own discipline by either looking away, or by holding your long throat, one can use similar tactics to do the same thing as an investor. Think out a plan. Write it down. Set up automatic deposit or dividend reinvestment plans.

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

Your last question implies that you can predict the future, but it's not really that easy. We can only make a best guess at future outcomes based on all previous scenarios and the amount of data that is available to analyse. Looking at the stock market for instance, we see that over the last hundred years it has returned on average between 6-10% per year but it is slowly trending downwards. There is a lot of data available, it also shows that there is a recession roughly every 8 years and a correction roughly every 2-3 years. If you're talking about Bitcoin, we only have roughly 13 years of information to work with and that is very little in the grand scheme of things. So if you stick with the stock market and buy the right investment products, you have a good idea of what will happen but the same certainty is not available for cryptocurrency.

Baofeng

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Quote from: Cryptomultiplier on August 19, 2022, 05:39:22 PM

To delay gratification is in my belief; to forego consumption today for greater prosperity tomorrow or better put, delay today's enjoyment for tomorrows benefit. The benefactors who stick to their strategy, have more consistent performance over time. By finding ways to embolden ones own discipline by either looking away, or by holding your long throat, one can use similar tactics to do the same thing as an investor. Think out a plan. Write it down. Set up automatic deposit or dividend reinvestment plans.

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

I guess this what separates from success and failure. I mean if you have that kind of mindset, to delay everything and think of a long term plan or goal then it could be gratifying down the line 5-10 years.

For example in bitcoin, right now we are in a bear market, so it's a period of accumulation. But there will be times that you might be tempted to sell off for nothing. So it will take a lot of mental toughness to have that delayed gratification in the next bull run as you might get a huge profit by investing right now.

jossiel

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Quote from: Cryptomultiplier on August 19, 2022, 05:39:22 PM

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

Yes.

Those that are successful with investments today, you may ask them how long they've waited for that very moment of selling those stocks and investments that they have that they're enjoying today.

I've just learned delayed gratification when I was new into bitcoin and that really worked for me. It's all about being patient and rewarding yourself in the future as long as you're doing the right thing and choosing the right investments.

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