The last few years have gone by in a blink of an eye add they don't seem to be slowing down any time soon. Time is relative to experience of time of course and I think that my personal lack of time supports a higher willingness to think long-term because from my position, a year or two is never that far away.
I was talking to one of my brothers just before and I asked if he had been trading lately, which he hadn't. I said that perhaps he should take some of his coins off the marketplace, cold store it a few years and just forget about it. A few years seems like a long time for many people to wait, it is not.
Ask any parent about how quickly their children have gone from helpless infant, to robust toddler, to angsty teenager, to adult and what is decades becomes a very short timeframe. A couple years holding some crypto is nothing.
But it isn't hold and wait for a chance of it to appreciate, that is a false dichotomy. Waiting in one area doesn't mean that one must be passive in all others, there is always stuff that can be done in the meantime which is essentially, hedging bets. If crypto doesn't work out long-term, that is okay because that wasn't the only investment made.
I was saying to my brother that due to circumstances, I am doing about a 80 hour week for my two main jobs and when he asked about my writing, I said I continue on, albeit slightly slower. While the work allows me to cover costs, I am hedging bets with Steem.
I find it pretty extraordinary that I am able to do something I enjoy and still use it as an investment vehicle that could pan out very well in time. Or go to nothing. In the case of going to nothing though, I still have the other hedge of work and my business to utilise. It is a pretty amazing opportunity to have access to and in my opinion, definitely worth putting my time and energy into it.
I have been Steeming along for almost two years now and it has passed by incredibly fast. Again, this sense of speed is likely due to the amount of activity in other areas as well as the volume here as essentially, I have zero time to spare. It isn't a lifestyle for everyone though and while I can do it now, it isn't something I want to do forever in the same way.
This is why I am more holder than spender. I have been a spender most of my life and it has left me in a position where I have to work two jobs to cover bills, at least for the time being while my wife studies. If I had been less of a consumer and more of a patient and consistent investor in the past, life would look very different from many perspectives.
When it comes to investing, I believe consistency is key and although there will be times.of unusual fortunes, on average slow growth will yield long-term rewards. The slow growth also has an effect on personal habits and understanding.
It is kind of like losing weight, it is possible to do it very fast but the likelihood of keeping it off is slim to none. A steady process of weight loss will develop a much more maintainable condition as personal behaviours grow to support a healthier lifestyle. It takes time though and many seem to want a quick fix solution, even if it can't be sustained and will soon leave them in the same condition.
I am trying to lose weight. The weight of debt. The weight of constantly having to chase and, constantly run from. While it seems counterintuitive to many, in my opinion, work has to be put in in order to have a lifestyle where work is empowering rather than a symptom of poor decisions. I love working, I don't love all work.
Given a lifestyle where all of my work tasks are voluntary, much of what I do would continue and one of those things would definitely be writing. I count myself lucky that my work now includes this and has a chance to give me the space to do more of it in the future.
As said, an absolutely amazing opportunity and something worth working for, even if it doesn't eventuate as planned.
Taraz
[ a Steem original ]
(posted from phone)
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