Stay humble and go your own way (invest in yourself) - the best strategy of 2022 - page 2.

uchegod-21

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BTC, a coin of today and tomorrow.

Quote from: Nrcewker on January 11, 2023, 09:05:09 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.

Investing in one's self has many interpretation and understanding. I believe that investing in oneself is acquiring skills that you will be needing to overcome some challenges and advance in life.
If you read OP very well, this might not be the definition of investing in yourself that he means. And this is giving me worries if there are some other ways one can invest in themselves.

CryptSafe

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Quote from: Greg Tonoski on January 11, 2023, 05:57:27 AM

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,
- 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),
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"?

OP you just said my mind. You know why the fud keeps growing is as a result of many putting their focus and too much attention on bitcoin to making them rich quick forgetting that bitcoin is not a day bull neither is it a jackpot to quick riches bit s gradually process of building that takes a little time as the market is volatile.

Let me just add a little to your list

Talk to someone about bitcoin
Avoid too much of I too know.
Learn to do research.
Always be comfortable to asking questions.
Avoid problems so you could enjoy yourself.
Always surf the internet to get updated with the current technological innovation.
Make sure you run maintenance, update and upgrade on your device do as to avoid loss of assets
Also run maintenance on you automobile so you don't have any accident because of that happens, you would not be able to enjoy your life and your assets would go for bills and payment.

Always remember "not your keys,not your coin"

Leviathan.007

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Leading Crypto Sports Betting & Casino Platform

Quote from: Greg Tonoski on January 11, 2023, 05:57:27 AM

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,
- 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),
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"?

The words are really complete and make sentences when you say to try to invest in yourself. I member a few years ago I asked a successful person in my family what's the best thing for investing to get rich and I was expecting to hear names of stocks cryptocurrencies and even some other assets files like real estate but she said me if you want to be rich and successful in the same time and you want to use your time in the best way try to invest on yourself because this kind of investment will never disappoint you in any situation.

Iroh

sr. member

Activity: 616

Merit: 274

I think you’ve made some pretty good points there especially the need to keep your bitcoin in self custody. I think that can’t be reiterated enough.
In all you had posted, it was your topic head that resonates more with me. Stay humble and invest in yourself is definitely the best strategy of 2023. We as humans have all got lots of different potentials and it’s left to us to discover and unlock these potentials. What better way is there than to invest massively in yourself while being extremely humble.

A mind clouded with pride will never be open to new things and ideas and definitely wouldn’t be open to learning new things.

Nrcewker

copper member

Activity: 2156

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Building my own Dreams!

“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.

mk4

legendary

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Paldo.io 🤖

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.

sunsilk

hero member

Activity: 2884

Merit: 620

Quote from: Greg Tonoski on January 11, 2023, 05:57:27 AM

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,
- 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),
then you are probably better off and beat most other (individual) strategies. Congratulations!

With those that you've mentioned then I can say that I did better last 2022 and hopefully that by this year of 2023, I can do more and so much better.

Quote from: Greg Tonoski on January 11, 2023, 05:57:27 AM

Any other views? What else could have been done or avoided? Isn't avoidance of pitfalls as much impactful as chasing "yield"?

Well, I've avoided toxicity of people on social media platforms and I guess that's an achievement when I was able to block and unfollow a lot of them because of different shits in life that they've nonstop discussing.

And what's good to me is that I never chased the profitability of those yields or lending platforms, I kept mostly in bitcoin as I've seen the risk in those.

Gallar

sr. member

Activity: 616

Merit: 291

always be careful in acting, it also really has to be applied in all aspects of life, this is also very true in bitcoin or crypto investments.
we must have motivation and clear goals, in all things we must have high motivation, we must also apply this in investing in bitcoin or crypto, because with motivation and clear goals, it will definitely add to the feeling of enthusiasm and high self-confidence.

BenCodie

legendary

Activity: 1638

Merit: 1036

6.25 ---> 3.125

Quote from: Greg Tonoski on January 11, 2023, 05:57:27 AM

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,
- 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),
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"?

Your points are on point OP! I also have some to add:
- Read between the lines. Don't take mainstream media drama for what it says, question the motives that could be behind the article.
- Diamond hands. Don't sell what you don't need to and don't get sucked into the tricks of the charts!
- Learn the tech. Dive deeper into what is behind Bitcoin and blockchain, learn how to understand and appreciate its intricacies.
- Don't limit yourself. Expand your horizons and look for new opportunities, there are still plenty today!
- It's worth being said twice...DON'T USE CENTRALIZED EXCHANGES UNLESS YOU ABSOLUTELY NEED TO! Definitely don't hold anything inside of them either. Every crypto has a supported wallet! Even the shitcoin long shots!
- Invest in your work environment. It will only allow you to do all of the above much faster.
- Invest your time into improving your cyber security knowledge. We are in the age of digital warfare, it is happening every second of the day and NO ONE is excepted! The last thing you want is for all of the hard work you have put into both following these principles and whatever you are pursuing to go to waste from bad security practices. In your spare time, research to become safer!

slaman29

legendary

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Livecasino, 20% cashback, no fuss payouts.

Chasing yields and profit is probably the most important thing to avoid. I made that mistake in the first year, getting so caught up in investment and chasing ICOs and following so many projects.

I invested so much effort and time to download wallets, help to mine even and even contribute so much to projects my own work was suffering. I took as few shifts as possible, I didn't focus on myself, didn't train extra, skipped all the additional learning. Even did not play as much sports.

Truly, Bitcoin is for buying and holding and using. And focus on your life, do more to advance your jobs, health.

Keep active and interested in crypto utillity and enjoy the discussions to keep your spirits up on Bitcoin (not crypto lol).

Greg Tonoski

member

Activity: 115

Merit: 68

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,
- 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),
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"?

Topic: Stay humble and go your own way (invest in yourself) - the best strategy of 2022 - page 2. (Read 254 times)