Effect Of Delayed Gratification On Investment Outcome.

South Park

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Quote from: $anounimus$ on September 18, 2022, 02:29:12 AM

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?

The question is, does delaying gratification always result in better investment returns? The answer is no. Sometimes, we might be better off indulging in instant gratification. Sometimes, we might be better off putting things off for a bit. But when we can enjoy delayed gratification, it often results in long-term gains for us. However, I guess the real lesson here is to know when you're ready to pamper yourself, as well as how to manage that gratification once it arrives!

The best thing about investing is that, in the long run, it usually works. In other words, you can put your money aside and not worry about it for a while, and when you are ready to reap the rewards of your investment, they will be there waiting for you. Well, whether the reward is in the form of interest payments or a return on capital depends on how you choose to invest.

There is really nothing which we can say it works all the time, however on average someone which can wait before getting the benefits they want will do better than someone which cannot wait and wants everything to happen right now, so I really think that people need to learn how to be more patient, as the age in which we live encourages a behavior in which no one is willing to wait for anything as most of the things you can want now you can get them by just making a few clicks on your computer.

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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?

The question is, does delaying gratification always result in better investment returns? The answer is no. Sometimes, we might be better off indulging in instant gratification. Sometimes, we might be better off putting things off for a bit. But when we can enjoy delayed gratification, it often results in long-term gains for us. However, I guess the real lesson here is to know when you're ready to pamper yourself, as well as how to manage that gratification once it arrives!

The best thing about investing is that, in the long run, it usually works. In other words, you can put your money aside and not worry about it for a while, and when you are ready to reap the rewards of your investment, they will be there waiting for you. Well, whether the reward is in the form of interest payments or a return on capital depends on how you choose to invest.

South Park

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Quote from: Davidvictorson on September 11, 2022, 04:22:47 PM

Everything should be delayed for the sake of wisdom. Macro patience, micro speed, as Gary Vee once said. People that rush into investments without doing their research are the ones who always complain about frauds. As the saying goes, patience is a virtue.

And it's precisely what we see in this market, people rush to make investments even if they don't really know what they're doing, and then when they lose their money they complain about begin scammed, now it's true that in many cases they were in fact scammed, but there are many people that invested in bitcoin and that simply took bad decisions, and despite of this they are unwilling to accept their responsibility and they try to blame bitcoin instead.

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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?

Using a lay explanation of what delay enjoyment is and delayed gratification , I think we can delay our enjoyment for saving up money to be invested upon and then expect gratification in advance. If we don't reduced the rate of enjoyment to invest then gratification may be elucive. Gratification is what comes with successful investment.

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Everything should be delayed for the sake of wisdom. Macro patience, micro speed, as Gary Vee once said. People that rush into investments without doing their research are the ones who always complain about frauds. As the saying goes, patience is a virtue.

South Park

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Quote from: Majestic-milf on September 03, 2022, 05:01:26 PM

Personally I think the actual effect of delayed gratification is that you tend to better appreciate what you spend on yourself when you start reaping the dividends. When you start up a business without an already laid out plan for how it would look like, there then is no zeal to get on with it.

For me, denying yourself some things while it's still young also tests your ability to be content. It's not like one would live beggardly all because he's prolonging gratification, but then at the end it becomes worth it.

While I agree that denying yourself some stuff when you're young can build character and help you with delayed gratification at the same time we live in a society that is built into satisfying our needs as soon as possible, I remember that when I was at school I needed to go to the library and look for a book and then look for the information that I wanted and it was a process that took hours, now the young people of today get mad if they do not get information they want in a matter of seconds, making incredibly difficult for them to learn they have to be more patient and wait for what they want.

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Quote from: BitcoinPanther on August 28, 2022, 03:01:26 PM

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 do not think that delaying gratification or enjoyment will effect the outcome of our investment especially when we are talking about BTC investment. The BTC market is not affected whether we delay our enjoyment or not. So basically it is irrelevant. What I mean is the price of BTC which determine the success of your investment does not rely on what you do with your life.

It may not affect directly with the market of Bitcoin, but once you do delayed gratification if can give you some funds meant for Bitcoin investment instead of spending it right away, it can increase your holdings and probably once the market recovers, you can get more profit. Delayed gratification means not spending that much on your wants, instead you put the money on a investment asset where you can generate profit, and with Bitcoin it’s also possible to happen.

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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?

Investment can be more risky and unpredictable, but if you do practice delayed gratification it allows you to have more funds for your investments and probably, you can be more profitable in the future. Many are too optimistic about their investments which is pretty good, they believe that once they put money on the right investment, returns can happen. It’s good to practice delayed gratification, you will realize that you don’t actually need those material things just to be more happy, and when the right time comes for sure you can buy the things you really wanted, usually it takes time but its worth it.

Majestic-milf

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Personally I think the actual effect of delayed gratification is that you tend to better appreciate what you spend on yourself when you start reaping the dividends. When you start up a business without an already laid out plan for how it would look like, there then is no zeal to get on with it.

For me, denying yourself some things while it's still young also tests your ability to be content. It's not like one would live beggardly all because he's prolonging gratification, but then at the end it becomes worth it.

South Park

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Quote from: so98nn on August 28, 2022, 03:59:15 PM

Hmm. I think this is very personal decision or look out. Someone might enjoy living their life in today’s moment while on the other hand someone might just enjoy saving today and live the life afterwards. The problem is, current life expectancy isn’t that much to wait for the enjoyment to happen with your lives savings and retirement money plans. It’s more about how much one is living and laughing in the current moment. What do we learn from the lives that we lost in a war? Things can go crazy north and south in seconds of time, so it’s better to have perfect analysis and then start finalisation of budgets. Finance management is complicated stuff but it can kee us away from such thoughts.

While it is true that this is a decision that each person needs to take on their own at the same time it is not really a 50-50 proposition, if given the chance most people are going to choose living in the moment rather than to plan for the future, and just to give you an example it is because of this tendency that governments have forced people to save a portion of their income in a retirement fund, and I can assure you that if governments did not do that the majority of the people will have to work until they die because they will not save a single penny for the future.

so98nn

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Hmm. I think this is very personal decision or look out. Someone might enjoy living their life in today’s moment while on the other hand someone might just enjoy saving today and live the life afterwards. The problem is, current life expectancy isn’t that much to wait for the enjoyment to happen with your lives savings and retirement money plans. It’s more about how much one is living and laughing in the current moment. What do we learn from the lives that we lost in a war? Things can go crazy north and south in seconds of time, so it’s better to have perfect analysis and then start finalisation of budgets. Finance management is complicated stuff but it can kee us away from such thoughts.

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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 do not think that delaying gratification or enjoyment will effect the outcome of our investment especially when we are talking about BTC investment. The BTC market is not affected whether we delay our enjoyment or not. So basically it is irrelevant. What I mean is the price of BTC which determine the success of your investment does not rely on what you do with your life.

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Quote from: Cryptomultiplier on August 28, 2022, 02:11:24 PM

I have read and followed the conversation from a point on, and have learned something noteworthy. Delayed gratification does not mean one should not treat him/her self to seemingly restricted satisfaction at the moment. By restricted I mean controlled expense. If investments are to be made or have been made, waiting for the maturity of such an investment might take a while, and as such one should not over spend beyond what is budgeted or under spend in that one suffers terribly all for sake of a future investment profit.

You can always take a pinch, but do not overdo it as it will slowly eat at what you're building. Delayed gratification doesn't mean you'll be restricting yourself into everything that is good. You can still do something good for yourself but not to a point that it harms your investment. If you are someone who got his finances figured out, you will always have that bit of extra money left after everything has been allocated to where they need to, and you can actually use that to treat yourself. I do this every month, though not to the point of indulgence. Just something to reward myself, like a pat on the back, without breaking the bank too much.

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I have read and followed the conversation from a point on, and have learned something noteworthy. Delayed gratification does not mean one should not treat him/her self to seemingly restricted satisfaction at the moment. By restricted I mean controlled expense. If investments are to be made or have been made, waiting for the maturity of such an investment might take a while, and as such one should not over spend beyond what is budgeted or under spend in that one suffers terribly all for sake of a future investment profit.

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

~snip~

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

You're comparing short-term trading to investments that usually take longer to work and give you some profit, I believe that's the proper mindset to be looking for long-term investments than the fast in and out trades hat barely work specially in bear markets like the market we're in right now.

Bear markets are usually a great time to just find those perfect few project/coin/token that specially keep delivering and actually building something even in bear market when it's just mostly depression phase and most investors and traders don't even care as they don't the reflection of the work and development that is being done on the charts, it's the perfect time to invest because the trend is down and you can chill and slowly invest into projects without fomoing as they say at the top and be in a loss an hour later.

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Quote from: South Park on August 27, 2022, 02:30:57 PM

Quote from: vv181 on August 21, 2022, 11:46:05 AM

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.

Correct, and yet the ones that are working hard now, saving and investing for the future have way greater chances of achieving a favorable future for themselves and their families, and the most interesting thing about this is that this characteristic can be observed from a very early age, kids which show they can delay their gratification have been shown to do way better later in life even if their starting conditions were not optimal, so this should give hope to those which want to achieve financial success later in life.

That's the point, both compound interest and delaying gratification are interrelated, but they do could exist on their own. I think that is where OP missed the point, if we do sacrifice our present for the betterment of the future, we certainly should make a decision that strongly proved so, as an example, compounding our investment. One cannot blindly just simply delay their own gratification to get an acknowledgement of the investment outcome without doing the right thing.

South Park

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Quote from: vv181 on August 21, 2022, 11:46:05 AM

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.

Correct, and yet the ones that are working hard now, saving and investing for the future have way greater chances of achieving a favorable future for themselves and their families, and the most interesting thing about this is that this characteristic can be observed from a very early age, kids which show they can delay their gratification have been shown to do way better later in life even if their starting conditions were not optimal, so this should give hope to those which want to achieve financial success later in life.

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Quote from: justdimin on August 21, 2022, 04:35:25 PM

Quote from: bestcoins1 on August 21, 2022, 10:27:18 AM

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.

The fact is that I am not expecting to turn my bitcoin into a larger fiat amount in the future, that is not my end goal. My end goal is to have a life where I never have to turn my bitcoins into ever fiat again and live comfortably.

This means that there needs to be a tech somewhere which would allow us to have a world where we spend bitcoin to buy things very easily, bills, grocery, the cup of coffee you drink with your friends, the McDonalds you buy, the tires to your car, ALL should be bitcoin paid without ever using fiat again. I want to reach that and if we ever do, the price will of course be very high, that is what I am trying to reach and that should be good day when we get there.

We do all hope for the best but dont anticipate much that it would happen because it cant really be that possible unless if it would really be just the same on whats happening in El Salvador
then you could really spent up the coins you do have without any problems but we know that not every corners of the world would really be on the same state which means you do still
really need to make up conversions from your bitcoins to fiat for you to able to make use of them.Lucky if you do see some merchants or services which do really accepts bitcoins directly
but well this is entirely be depending on the place where you do live on how much bitcoin adoption is really been going on there but since regulation and laws do differ into
each place then you could really expect different things in regarding to this.

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Quote from: bestcoins1 on August 21, 2022, 10:27:18 AM

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.

The fact is that I am not expecting to turn my bitcoin into a larger fiat amount in the future, that is not my end goal. My end goal is to have a life where I never have to turn my bitcoins into ever fiat again and live comfortably.

This means that there needs to be a tech somewhere which would allow us to have a world where we spend bitcoin to buy things very easily, bills, grocery, the cup of coffee you drink with your friends, the McDonalds you buy, the tires to your car, ALL should be bitcoin paid without ever using fiat again. I want to reach that and if we ever do, the price will of course be very high, that is what I am trying to reach and that should be good day when we get there.

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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?

The outcome of an investment is always determined in the end where you liquidate your resources and convert it to cash.

Most investors have this hope that the price of BTC will skyrocket in the future. While this may be true, a wise investor must know when to stop and when to convert their coins into profit. Due to the inflationary nature of BTC, its price is highly volatile that may either make or break your investment. While having to profit means at least HODLing your coins, there is nothing wrong with having a break-even investment.

At the end of the day, even if it may be called 'delayed gratification', as long as you profit in the end then that is the only thing that matters.

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.

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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.

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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.

Republikcoin.com

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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 think there is no need to starve or delay gratification just because you want to invest in something or a certain product. Because life is to be enjoyed and investment can be done freely and as much as you can so there is no need to be hungry just because you want to invest and think it is your consistency. Because holding back and delaying enjoying gratification until you get sick or die from starvation, it's far more ridiculous than investing in what you have now.

Ucy

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That would be much easier if you are a happy person and your happiness doesn't come from things that cost money, you get it for free and easily. From my experience, happiness makes you feel contented and more likely to be patient as long as possible. Sadness could make people search for things that can make them happy and such things typically cost money or don't come free of charge.

Look for your cheap and good source of happiness and time will run fast to help you delay the gratification.

Don Pedro Dinero

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Yes, it's a good idea to delay gratification, but don't delay too long, lest you die before you can enjoy it. It's not a question of delaying the enjoyment until you're 80, if you get to that age.

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?

It cannot be determined exactly but you can make approximate calculations to get an idea, bearing in mind that the outcome may vary. For example, on this site:

https://dcabtc.com/

You can calculate the return from doing DCA with bitcoin, but that is based on past performance, which in the future need not be the same.

fiulpro

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It is indeed very good idea to have a strong mentality like that, But you should understand that delayed gratification generally is associated with a stable life, a stable outcome every once in a while you would have ups and downs in life and might have to take loads of money out from various sources, if you got covid and the overall meds are really expensive then you ofcourse have to let go of that FD that you have been saving for ages. The fact is delayed gratification is amazing but it also needs " no disaster in between the maturation time for either the investment or something else as well "
But it's certainly rewarding to have that much patience..

Z-tight

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Pleasure, satisfaction or like you put it, gratification isn't extravagance or wastefulness. Investment and saving is so important for all of us, it is good to be disciplined with your financial life so as not to create problems for yourself in the future, but you have to reward yourself with some of the money you make, you cannot save it all, as long as you are not being extravagant, there is nothing wrong with gratification.

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?

The outcome of an investment can be determined in advance by looking as what you invested in, when, the amount of capital invested, is it long or short term, etc, for gratification, it has nothing to do with it.

Cryptomultiplier

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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?

Topic: Effect Of Delayed Gratification On Investment Outcome. (Read 351 times)