I ignored the trends except the ones i found before they were trends. I didn't avoid the noise and even though i needed to sell during the crash it all went for things i really needed or my kids needed. I learned that just working out in the gym and eating healthy with a plan keeps my head cool and i am not as worried about the markets.
Even though there were some pretty close calls when price of electricity rocketed.
Now i am poorer but definitely more capable to deal what's coming, and i know from experience that there are going to be more opportunities in life to invest as i have constantly buying just a little more. And i can always leverage trade if i want to risk more.
Topic: Stay humble and go your own way (invest in yourself) - the best strategy of 2022 (Read 254 times)
March 26, 2023, 05:59:28 PM
March 26, 2023, 04:59:26 PM
Best of all, sticking with your plan. It's easy to have such a list and plan to follow it, but actually following it in the long-term is the harder part. People often underestimate how emotions(fomo, panic, etc) can easily mess up a person's plans.
There are always obstacles that we often met along the way while we are reaching our goals, but if we can stick to the original plan and focus on it, we will sure to succeed particularly in long term investment. Mostly, if we are not strong enough to face different emotions, we suddenly fall and quit, but if we are determined enough to beat them and stick to the plan, we will always succeed in the long run. March 26, 2023, 03:20:06 PM
For me, drafting a plan for all the investments I planned embarking on for the year and sticking to it so that nobody from somewhere will come up with no future thing tomorrow and I will be swayed by it.
March 19, 2023, 12:42:25 PM
These are pretty great advices to be fair but too much generic maybe? Like invest into your health? Really? I am not saying everyone does, like I for example do not and I am doing terrible these days and I should invest into my health that's true, I should exercise more, even joined a gym and failed to go after the first month, or should eat better and more organic healthy foods instead of fast food etc etc. I get it, but do you think people don't know this? Or "learn a new skill", well obviously everyone would want to, some do, some don't but everyone knows they should.
Good advices, even great, but too generic if you ask me, let me add one more " do not forget to breathe to stay alive".
Good advices, even great, but too generic if you ask me, let me add one more " do not forget to breathe to stay alive".
March 19, 2023, 04:58:38 AM
- kept all your bitcoin in self-custody,
- checked your backups,
- avoided noise like SBF/FTX drama, politics and put your attention and time elsewhere,
- withdrew bitcoin from exchanges,
- avoided "yield", "lending" and other scams of 2022,
- increased your bitcoin holdings,
Did all of these last year. Constantly accumulating Bitcoin that I've been storing in a non-custodial wallet. Constantly checking my backup keys as well while avoiding making some bad decisions that caused by the FTX drama sh*t. I didn't have Bitcoin in any exchanges last year. I didn't even touched these platforms that has a yield feature, or even those apps that lets investors to lend their money for an annual interest. - checked your backups,
- avoided noise like SBF/FTX drama, politics and put your attention and time elsewhere,
- withdrew bitcoin from exchanges,
- avoided "yield", "lending" and other scams of 2022,
- increased your bitcoin holdings,
- worked on your health, relationships, living conditions, knowledge, skills,
- gained new experience (inside or outside Bitcoin),
If there are things that I might regret not doing last year, these are the 2. I'm fatter than what I was in 2021 because I didn't have the time to go out and play or exercise etc. At the same time, I didn't gain any new experience at all (or if there is one then I can't recall what it is).- gained new experience (inside or outside Bitcoin),
Any other views? What else could have been done or avoided? Isn't avoidance of pitfalls as much impactful as chasing "yield"?
If I will add, I guess it's "Always learn new things". Businessmen always read books so that they will learn something. 
March 18, 2023, 10:51:37 PM
It's strange when I see that my 2022 can be quiet to learn a lot of interesting knowledge in life. I realize more problems I'm living as a machine than as a person, things stay that way and many events lead up.
This year when I look at the market I see more definite positives, possibly a lot more to do personally or for others. Sometimes we also need to stand still to see things.
And I like the way you mentioned personal humility, and I also added gratitude for the things around me.
This year when I look at the market I see more definite positives, possibly a lot more to do personally or for others. Sometimes we also need to stand still to see things.
And I like the way you mentioned personal humility, and I also added gratitude for the things around me.
March 18, 2023, 08:26:17 PM
In a day and age where simplicity lost its meaning, I doing going back to basics is getting a bit more popular. All those Instagram reels of people who "made it" talking about waking up early, working on yourself, working on being better, focusing on how to make YOU more valuable and not a product, is getting a ton more attention. I wouldn't disagree with it, some older generations like us would say that it is cliche because we grew up with that, but you have to understand kids under 20 years old all had weird and crazy periods with how social media works, so all of those "wake up early drink coffee and go to work" type of stuff might look normal to you and me but it doesn't really work that way for those young kids.
March 18, 2023, 06:46:39 PM
Yup best advice and reminder for everyone of us, and it took me 3 months to start investing on myself, now I am starting new hobbies and planning to stay fit and healthy.
Health is wealth so don't just focus on material things or money, take care of your health as much as you could.
Try to live or work not just to pay bills but also for a brighter future.
Health is wealth so don't just focus on material things or money, take care of your health as much as you could.
Try to live or work not just to pay bills but also for a brighter future.
March 18, 2023, 05:25:14 PM
With how things go these days, simply finding the very reason to live and carry on for another 24 hours is enough a reason to congratulate them. Everything is going to the shitbox, pandemic, gun violence, corruption, economic crises, tensions in between borders that could very well escalate into a world war, deteriorating environment, and a fuck ton of other reasons that could get into people's heads and make them depressed. So to people who lost significant portions of their money, be it from your own volition or not, please know that this is not the end of the line, money could still be recovered but your lives and your importance to other people wouldn't be. Give yourselves a pat on the back if you weathered 2022 and let's all hope for everyone's success this 2023.
We can always find money if we are diligent enough to do things even outside our comfort zone.
I can put it this way, live simply and don't divulge much of yourself into social media.
You will have peace of mind if as much as possible, you won't be posting in any of these channels.
The reason why a lot is experiencing mental stress owed to the things they are reading over the net, or what they seeing on their feeds.
Aside from what the OP enumerated, if I may add. Limit your exposure to social media platforms.
It doesn't mean you don't care anymore but it is for your mental health. It will give you like a detox of what's happening around you.
March 18, 2023, 05:04:20 PM
Total avoidance of altcoins and bounties yield farming and the rest of them, 2022 is a hell of a year where many lost quite a good amount in altcoin investment.
-Most time I see altcoin as a distraction and what we need to do is build financial knowledge and motivation to keep Holding and increasing our bitcoin holding.
-Most time I see altcoin as a distraction and what we need to do is build financial knowledge and motivation to keep Holding and increasing our bitcoin holding.
March 18, 2023, 04:48:17 PM
Any other views? What else could have been done or avoided? Isn't avoidance of pitfalls as much impactl as chasing "yield"?
I appreciate OP's creative efforts toward maximizing the opportunities that you itemized in this post. I want to add that we should avoid overspending. This entails that we should only spend money on our basic needs and avoid wasting our money on luxuries. This will help us to save money that can be used for investment. We should also avoid get-rich-quick schemes that promise huge profits for doing nothing. It is very risky because many people have lost real money. It might not also be bad to bag a higher degree if it will lead to a pay increase in your place of work. A higher degree can also open new doors of opportunity.
March 18, 2023, 02:35:34 PM
With how things go these days, simply finding the very reason to live and carry on for another 24 hours is enough a reason to congratulate them. Everything is going to the shitbox, pandemic, gun violence, corruption, economic crises, tensions in between borders that could very well escalate into a world war, deteriorating environment, and a fuck ton of other reasons that could get into people's heads and make them depressed. So to people who lost significant portions of their money, be it from your own volition or not, please know that this is not the end of the line, money could still be recovered but your lives and your importance to other people wouldn't be. Give yourselves a pat on the back if you weathered 2022 and let's all hope for everyone's success this 2023.
March 18, 2023, 02:01:56 PM
In 2022 if you:
- kept all your bitcoin in self-custody,
- checked your backups,
- avoided noise like SBF/FTX drama, politics and put your attention and time elsewhere,
- withdrew bitcoin from exchanges,
Done that already. Guess I am safe R. N.- kept all your bitcoin in self-custody,
- checked your backups,
- avoided noise like SBF/FTX drama, politics and put your attention and time elsewhere,
- withdrew bitcoin from exchanges,
Quote
- avoided "yield", "lending" and other scams of 2022,
lost more than $280+ on yield. I still regret it. Lost faith in any ALTS. Now all I care about is BTC. Quote
- increased your bitcoin holdings,
Working on it. Quote
- worked on your health, relationships, living conditions, knowledge, skills,
- gained new experience (inside or outside Bitcoin),
Lost 5 kg in 3 months and was suffering from depression. Moved out from home to live on my own. Broke up with my girl. 2021-2022 was a living hell for me. - gained new experience (inside or outside Bitcoin),
Quote
then you are probably better off and beat most other (individual) strategies. Congratulations!
Any other views? What else could have been done or avoided? Isn't avoidance of pitfalls as much impactful as chasing "yield"?
2023 has brought me some good news. Learned a lot from those events. Experience gained. I don't think there's anything else to mention here. Great work OP. Any other views? What else could have been done or avoided? Isn't avoidance of pitfalls as much impactful as chasing "yield"?
March 18, 2023, 12:43:09 PM
Have skills, knowledge for investing and patience when you are investing don't be distracted by your investment don't hurry, always focus and always put your mind on what you are doing when you are work and don't put your mistakes for granted learn from your mistakes and other people mistakes, and always think that this investing am doing I'm doing it for my future.Always risk and sacrifice,you would really be making yourself that derailed on your targets and goals.
March 18, 2023, 10:37:57 AM
This is called "strategic planning" when you don't chase money now, but prepare for your future (the very notorious "investing in yourself") in order to get big money. You can’t get rich for one night, but if you earn at least a penny every night, then wealth is guaranteed.
To do this, you must not bet all your money in your investment. If you bet it all, you will need money to use and if your bet is not right after a few months, where is money for you to use. To have money for expenses, you have to sell your bitcoin at discount price which is lower than your entry. It means you sell it at lost price to have cash to use. With this pressure in mind, you will never have strong hands as your psychology is unstable and weak.Quote
It is better to learn from the mistakes of others and avoid making them personally. This is ideal, but in life most often you can't avoid your mistakes.
It is what I learned from my mistake in 2019 bear market and I don't repeat it in 2022 and 2023 bear market. 
March 18, 2023, 10:31:14 AM
“Invest in yourself “, if any person understands this phrase, then definitely he will be the next billionaire. I mean many people including me, run behind money. I know everyone just wants profits and want to become rich overnight. For this they can do anything and everything. But instead of worrying for profits, if we minimise the loss, then definitely a time will come when profits will automatically fall in your wallet. Patience and wise investments are always the key for profits. So yes definitely the best strategy will be when someone learns from his mistake, and try to avoid it in future.
This is called "strategic planning" when you don't chase money now, but prepare for your future (the very notorious "investing in yourself") in order to get big money. You can’t get rich for one night, but if you earn at least a penny every night, then wealth is guaranteed. It is better to learn from the mistakes of others and avoid making them personally. This is ideal, but in life most often you can't avoid your mistakes.Best of all, sticking with your plan. It's easy to have such a list and plan to follow it, but actually following it in the long-term is the harder part. People often underestimate how emotions(fomo, panic, etc) can easily mess up a person's plans.
Therefore, you need to extinguish emotions so that they don't spoil your plans. There must be self-control. 
March 18, 2023, 10:23:32 AM
The bear market action plan is to do nothing. I realize every action is just a waste of time. Wait for a strong signal and act better. It is possible to trade for a few months in a year. Or better yet, close your computer, go to bed, go out, or do your usual daily tasks. Learn something new to increase your knowledge. Waiting is the best way not to waste health and money on the bear market.
March 18, 2023, 05:11:05 AM
“Invest in yourself “, if any person understands this phrase, then definitely he will be the next billionaire. I mean many people including me, run behind money. I know everyone just wants profits and want to become rich overnight. For this they can do anything and everything. But instead of worrying for profits, if we minimise the loss, then definitely a time will come when profits will automatically fall in your wallet. Patience and wise investments are always the key for profits. So yes definitely the best strategy will be when someone learns from his mistake, and try to avoid it in future.
That's it, now the lack of patients still makes people not to chose the right investment if they could understand what it takes to find out the right currency to invest on time then they could make a perfect investment and a great profits. For instance, if they had the right knowledge concerning bitcoin they would have made a fortune out of it but at this they kept warying at bitcoin thinking it would collapse some day whereby focusing their time and efforts on a high yielding platform or even leaving their assets on cex, that was why many fell in victim of what happened between ftx and terra.
Hence they should avoid chasing black goat at night and rather chased it at day time. Meaning chosing the right investment on time gives a reasonable profits in returns.
January 12, 2023, 10:11:18 AM
Best of all, sticking with your plan. It's easy to have such a list and plan to follow it, but actually following it in the long-term is the harder part. People often underestimate how emotions(fomo, panic, etc) can easily mess up a person's plans.
True in real life, more true in trading (I learned about this small time doing stocks and I can see this all the time in crypto traders. They come up with strategies and plans and even say they are willing to go into loss at 10%, 15%, whatever, so they can start fresh again.
But the panic starts setting in when they keep losing and they think I have to chase this.
Then the longterm plan chucks out the window. Crypto especially is very very good at doing this!
January 11, 2023, 03:20:10 PM
Any other views? What else could have been done or avoided? Isn't avoidance of pitfalls as much impactful as chasing "yield"?
accumulation then you should really make yourself to have some space in the market.Dont make yourself that checking out every now and then when it comes to movement of prices because
it would really just make you impulsive with your investment plans because if you do really that much mindful about market condition then there are really that tendency that
you would really be making yourself that derailed on your targets and goals.
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