As in you only live once... is the popular mantra for many US Marines I use to see at work.
They are the proverbial Tip of the Spear of the US Military and large numbers of causaulties or deaths are expected when they are inserted somewhere to bring down the heavy hand of the US Government.
But what of others who are not so uniquely employed?
Many investors act as if they may not be here in a year or ten years, as life isn't guaranteed.
Thus short life framework fueled their somewhat risky investment behavior and goal of getting rich quick.
Perhaps what they should be thinking is that death isn't guaranteed, life seems to be the more likely outcome.
Statistically speaking, most of the young, middle aged and older middle aged people who are alive today will in fact be alive next year, in five years, and ten years...
It would appear that while life isn't guaranteed, death isn't either, and statistical data suggests life is much more likely.
Hmmm..so perhaps Yolo-ing through life isn't wise.
Which brings us back to investing...
Perhaps we should have a more longterm outlook.
Perhaps this outlook will also make us happy that many good project tokens are on sale, and the bear market maybe is our friend, not our enemy.
Perhaps the bear market is like a time machine turning back prices to the level that we can all afford.
Perhaps we now have the chance to buy our favorite projects at the prices we previously wished for, when our favorites were at their all time highs.
And perhaps we should see this market as possibly a blessing, not a curse.
Now we can get Ethereum for less then a thousand dollars, Bitcoin for possible 19,000,and Hive and Leo for much less then a dollar.
So as we enter this bear market perhaps we should focus on buying into good projects which we expect to not only survive the bear market, but to thrive in the longterm.
