Steadily, steadily
I thought a race needed speed? Well it does if one can examine what progress is. Let's say a hundred meters race needs speed, a huddle needs speed, how about a Marathon? This is where we are going to be hanging around in this article. Creating a balance between speed and progress is very important. For instance a trader in the financial market who keeps hitting the green button and amounted a lot of market interest, what happens next when a single trade turns his dreams around? you know from having very much to little or nothing. This is where resilience is tested, it is no longer about speed here now, bouncing back will be centered on progress; steadily, steadily, wins the race.
Maybe I should also cite something about the history of Bitcoin. We have seen bitcoin kiss the 99K price mark within the week. This has been something those who know the history of this coin will recommend for progress. Of course bitcoin onced wild to unexpected all ⇪ high× before facing a crash that was not expected. The speed at that time was on a straight lane and many were just hopping in for the money. Bitcoin was hit and it dropped below 18K, many thought it was the end of the crypto market in entirety. The victory of the bitcoin and crypto market here was no more reliance on speed, it needed to be a steady movement. We have seen bitcoin beat odds and many doubters/mockers to gain financial attention. One needs to learn, beware of speed.
life is a Marathon race
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Even without winning in a Marathon race, completing it alone is an achievement. We mostly tend to not rely on the wing of speed to succeed in life. Of course this does not mean you should delay opportunities, maintain stamina in the process. The damage to consider cars moving at 200m/s and that of 50m/s can't be same if they have an accident. This is one disadvantage of speed we have to reconsider. We want to get rich quick, live that dream life and so on. Most times we in the process choose unnecessary short cuts that leads to shipwrecks. I could remember my early days of investment if I must cite an example, I invested in so many unnecessary projects which ended in futility. Poor me, the promises were huge and with my little knowledge I was just that perfect example that was chasing the wind.
I was hit and I learned and I am still learning, one can't forge forward if he can't recover from setbacks. Life happens atimes that you have to redirect your profit into a wasteful direction, take for instance, health issues, fraud, family demands, economic shift, riot and whatever. Many have had the best of plans yet it has ended up in futility especially when their expected set time expires. This is were many will either shrink into their shell or take even more dangerous route in other to evade the present shame. This is always a wrong decision, it is like continuing to trade the market on a wrong day for recovery, the end result is always an empty portfolio.
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We need to change our mentality from a 100 meter race to a Marathon. Personally, I do not want to be wealthy or financially free mainly because others are, it is a personal need for me. How to I complete my Marathon without wearing myself away with the intent of pursuing others? This is the big question. Don't be out to impress others, know what you need and face it, when you are hit, stand up, dust yourself and move forward. Prioritize progress instead of speed. I have faced some challenges even in the world of business, sometimes your expectations don't come has planned. Let's come back to the current situation of our economy, we know how it has affected business in terms of demand and supply. Many sectors, products and services have been made forgone alternatives.
From my calculations as of last year, introducing more machines to the office and also expanding was the idea. At least the economy was soft by then. Things have doubled and trippled in price in the process. When food sector and transportation face economic issues, we are in for trouble. I have had to restructure in the presence of what seemed to be very depressing. Time is going , does this mean I should be taking unnecessary risk? Of course not. I have been faced with such tricky offers, I am not ready for that. I am willing to learn and gradually grow my business rather than run of capital in a one time pursuit to double or triple it.
To conclude, let me add, we must learn how to maximize progress. Have your plan, strategize but never relly on a zoom to victory. Progress is a consistent effort that births success. I have read many books of those who tested success, trust me speed has never yielded tangible or long term results. Many have won the jackpot and ended up poorer than before.
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It's a marathon not a sprint is one of my favourite sayings and one I also end my Tengo Rangers football posts with!
But yes finally some upward movements in the alt market, but still miles away from reclaiming the 2021 highs!
Yes friend, we should aim for a smooth finish in life rather than crash land.
As for the market, the margin is there, nevertheless it will close up overtime. It's all about a steady climb.
Have a wonderful week friend