Red Equals Opportunity

bitcoinflood in LeoFinance • last month

I'll admit during this last crash I had to check myself in terms of kicking out my emotions and remember to buy more and stack more while markets dipped like crazy. I'm human though just like any one of you (I hope haha) and emotions can kick in at any time which often lead to bad decisions in terms of finances.

The USD Demotivator

As the markets dipped the last few weeks and no rally looked like it was coming any time soon I'll admit I got a little sad and unmotivated. But that's when I started changing the way I looked at things.

Everything at the moment is set in USD value in terms of giving crypto "value" if the USD value goes down it looks all down and sad as if the world is crashing down around you. But if you look at amount of crypto tokens earned and remove the USD value from it we can see it's actully higher than it was before. This is especially true on platforms like LeoFinance.io or any Proof of brain system. Lower prices means many people cut and run or simply get unmotivated and leave. The same amount of rewards have to be pumped out though so that that equates to is a higher portion of the reward pool for you.

The Same For DeFi?

You could almost say this is also true for DeFi. Great trusted DeFi platforms like CubDeFi.com still produce the same amount of tokens (CUB) every day. But will less competition in pools means you now hold a higher stake weight in that pool thus earning MORE cub for when the markets pick up again.

Luckily for me I had been stocking a crypto asset and was able to swap it early this morning for another 10 8 CAKE which I just dropped into CubFinance Kingdoms. This now earns me MORE CAKE plus CUB on top of it.

What It All Means

This is just a friendly reminder to keep your emotions in check and out of your finances. When you start feeling a certain way I can bet you a vast majority of others feel the same and are impulse selling or buying because of them. By being aware of this you can check yourself and do the opposite which more times than not has a possitive impact on your finances.

Posted Using LeoFinance ^Beta

#finances #proofofbrain #neoxian #ash #archon #ctp #bpc #broadhive #spt #markets #leofinance

last month in LeoFinance by bitcoinflood

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stefano.massari last month

if an investor is convinced of his investment, when the price of the product falls, he is absolutely happy to buy it back

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1 vote

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jfang003 last month

The long term view is always a good idea to have in mind. When the market is red, there is a better risk/reward usually (if you buy near support).

Posted Using LeoFinance ^Beta

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2 votes

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phython last month

Unfortunately for most of people, Red bring fear of more Red, so they quit.

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1 vote

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ecency last month

Yay! 🤗
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tfranzini last month

But will less competition in pools means you now hold a higher stake weight in that pool thus earning MORE cub for when the markets pick up again.

This is what keeps me going. I think the weakos are transferring a lot of wealth to the strong-handed and strong-minded so let's take advantage of that.

Posted Using LeoFinance ^Beta

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sinistry last month

Over the last few weeks I’ve tried to change my perspective similarly. This pull back hasn’t really impacted my stake in its entirety, as I lost a lot on some holdings but gained as much or more on others.

It’s shown me “Buy the dip” doesn’t just mean purchase more crypto when the price is low. It also means appreciate the opportunity to strengthen your position, or if you’re not capable of taking advantage, at least acknowledging it as an opportunity to re-evaluate your position and re-determine that you do indeed believe in the projects your invested in.

It’s a mindset as much as it is a financial move.

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maro1 last month

June: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, October , December, August and February.
Meanwhile Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.

_{Posted via proofofbrain.io}

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chuckrick last month

Don't let your feelings cause you to make poor choices. Support important lesson for all aspects of life not just finances.

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