Fellow humans,
Mental traps are the worst. Even when reality is in our favor, our thought processes don’t allow us to see the light at the end of the tunnel. Success could be right around the next bend, but our imprisoned minds won’t allow us to escape the haunting sequences of doubts and worries. There’s hope though.
Imagine watching somebody in a corn maze from a helicopter. You would see very clearly how close or far they are from escaping, but they would have no idea where they are. They might be 12 feet from the right path, then suddenly become frustrated, and give up. This is why I’m always talking about perspectives.
Somebody once told me “perception is reality.” I didn’t agree then, and I don’t agree now, because the validity of the statement is based on the circumstances. Just because the world may perceive me as something, does not mean I am what the world perceives. However, my own perception could be my reality.
Furthermore, my own perception can be adjusted to create alternative realities. Yesterday I was thinking about the price of bitcoin, and how the bear market seems like it will last forever, then as Michael Scott says, “I had an epiphery.” If you’ve ever debated with me, then you know I love using logic and facts.
If I would have stay trapped in the assumption that bitcoin’s price will take too long or never recover, then my reality would likely be selling bitcoin for dollars. As we now know, this would be an amateur move. Instead, using logic and facts would help me stick with the plan of holding bitcoin as long as possible.
During my thought process yesterday, I reminded myself that regardless of what happens in the next 8 months regarding the price of bitcoin, the block reward will be cut in half around April, and bitcoin’s inflation rate will decrease from 1.7 percent to 0.84 percent, which is very likely to have a positive impact on price.
Additionally, the US dollar’s inflation rate is guaranteed to stay at or above 2 percent forever, which is also very likely to have a positive impact on bitcoin’s price. Disregarding less significant market factors, these two data points are convincing enough to inspire me to stay the course of holding bitcoin.
From my experiences, the devil works overtime right before we’re about to win, because he knows we’re fatigued, and he wants us to quit before the finish line. I’m not just talking about investing, I’m talking about all of our commitments. He knows us well, and he uses mental traps to steer us away from freedom.
We tend to become so involved with the details that we forget to zoom out and focus on the bigger picture. Repetition is the father of learning. The more we practice something, the quicker we’ll be able to remind ourselves of those important facts to keep us inspired. Trust the process, and never give up.
Until next time,
Salvatore Norge
“Keep falsehood and lies far from me; give me neither poverty nor riches, but give me only my daily bread. Otherwise, I may have too much and disown you and say, ‘Who is the Lord?’ Or I may become poor and steal, and so dishonor the name of my God.” -PROVERBS 30:8-9
I’m not very wise. Never financial advice. Do your research.
Michael Scott says, “I had an epiphery.” Well said!