The Good Strategy

Wise people used to say that it takes time and effort to win in the long run. If its success and long term success in something then we get to go throughout the process of patience.

When I started out my own crypto journey, I was in an indecision whether to begin a new chapter in potentially getting some profit out of the uncertainties everywhere, all the corners of the market. It is normal to have those matters as if they are part of the game played on.

I talked about the uncertainties that come up with the choice of investment and when we try to climb to it. You may check out the previous posts in my blog, its available .

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Back to the context, what I would like to discuss here is the act of waiting for long period of time, to be able to win and reap the maximum of the benefit. That's one of the mantra to success. I have been thinking for the fact for a while that, while one makes profit of $50 for suppose, and the next day he loses $40 and the net profit draws at $10 in 14 consecutive days.

Now the net $10 isn’t the profit or success if we view it from a different angle.

It may seem staggering, but it isn't the same while we think differently. When he made the first deposit and then came out winning the $50 as net profit, he would have been limiting his deposits for the next uncertain run.

By doing it, he would have bagged the full profit into his pocket and then start out the next phase with a solid grip in his hands. We may have our own vision and imagination, the ready made hypothesis - but then they are not equal to the reality that comes out.

There are lot of people who are conducting and are running on their own businesses. They know that sometimes market can crash at any time. If its local business or crypto, the nature of uniqueness is all the same everywhere if we look out at it.

For example, who would have known beforehand that quite sometimes the price of $BTC would be very close to $100k at the end of the year when it was just below the line of $50k on the mid of july ?

Those who waited long had the chance to see it and bag the profit . But whether we win or lose, or have a solid base of supply line, we all should still have the mindset to cover the net capital first of all.

By doing so we could secure profit and then cover out the average scale of assets that is the fuel of conducting the next segment of business. If we lose the base, then what's the point of starting again ?

It all depends on strategy, nothing else.