Trade Window Closing

in LeoFinance11 hours ago

Someone close to the family is a professional footballer, and while they take in a decent yearly salary considering their age, they don't have much control over their life, nor where they live. In some way, it is like being a soldier of fortune, shipped off to the next war, under the banner of a new army, new leadership, and new culture. The mid-season trade window closes tonight, and after a stellar game in an important match yesterday, they have no idea where they are going to end up, or if they are going to stay where they are. It creates a fair amount of stress for their partner too, but this is the life.

It is not all glamour.

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I actually think that while many people love the idea of being a professional sportsperson, not many would be suited to the lifestyle of it. The constant travel a few times a week for matches, or internationally for some sports like tennis. The living out of suitcases, being away from family and friends. Having to rebuild from scratch potentially a couple times a year. And of course, all of the training and public pressure from the job itself.

It takes more than the practical skills.

Yet, while the player's family stresses at these times, he is calm. And for a young person, it is pretty interesting to see, because the ones I know around the same age, panic about everything. This probably speaks to the difference in experience, as this person has lived most of their lives in the football world, surrounded by people who are also in that world. They are used to the constant travel and the uncertainty of where they will play, because they have done it for years.

The human species is very adaptable, and this is often seen as a strength, where we are able to acclimate to conditions quickly. However, when conditions are good, that is what we get used to quickly, and the longer they are stable, through repetition our behaviours become habits, and we can become soft. Inevitably, stable times turn volatile, and the pain of change becomes extreme, too much for some to bear, very painful for those who are able to survive. The ones who are accustomed o the volatility though, well, they can ride the wave and benefit from the uncertainty of others.

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The uncertainty of others.

The entire world is volatile at the moment, as the centralised powers play their games that impact directly on us, the ones who choose to let them play for us. Trade wars have nothing to do with the average person, but they will heavily affect the quality of life of the average person, and on average it isn't a positive effect. The general wellbeing of humanity goes down, because some people want to carve out of our bones, just a bit more money for themselves.

Rather than complaining about the state of the world, we should acclimatise to the volatility and work out how we can take advantage of it for ourselves, the ones we care about, and our local community. I suspect that when people start to take this approach, they will soon learn enough about the current economy, and naturally gravitate towards crypto, and decentralised structures of governance and operation. Even a short peek behind the curtains of power, will highlight both how corrupt it is, and how fragile the structure, and precarious the position.

Maybe this is the "trade window" for us to take advantage of, and perhaps use what we learn to start to steer away from the catastrophe that is bound to happen in the legacy economic system, due to gross mismanagement. Who knows, it could be a catalyst for change, one where new teams are formed that are able to negotiate the playing field, without being a constant drain on humanity.

For now though, it is going to be volatile for a while.
So, get used to it.

Taraz
[ Gen1: Hive ]

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I think a lot of them probably know that their time is short in whatever sport they are playing, so they just kind of roll with the punches as much as they can knowing it won't last forever. Unless they are an all star or some kind of franchise player, things aren't set in stone at all. My wife's cousin played for the NFL. I think he was only in the league maybe five years before the injuries forced him to quit. I think that is pretty common in terms of a career lifespan.

The risk of injury must always weigh on the back of the mind, right? Falling wrong, a bad tackle, a slip at practice - can all be career enders.

My wife's cousin played for the NFL.

The Lions? :)

Nope, Broncos and Patriots.

Sure, it is time to take advantage of the volatility for me. Buy some HIVE or convert some HBD to HIVE.

I bought a bit. My first buy went too high, but I got some more at 32, 31 and 29

I like this BTC chart :) Thanks to Trump for letting me buy HIVE for $0.28.

29 was my lowest. but still, not too unhappy with the average :)

Athletes may be in a different country today and in a completely different country tomorrow. They have very interesting and different lives. As you said, trade has evolved into this, uncertainty. Those who get used to this now will minimize their losses and increase their profits.

This guy has lived in four countries in 2 years!

One never knows how tightly the shoe fits the other person until they try it. I try not to compere or place judgement, especially when life can give it's own redirections at any moment.

Those redirections can feel a bit like "karma" at times.

Patience with the market during the time of volatility is like calm during the storm while you are in the middle of the ocean. It seems very difficult, but when you reach the shore, everything will be calm.

It is good to think logically and take advantage of the opportunity to buy while the price is falling.

Everyone is looking for a safe harbour, but I am not sure any place is safe.

Of course it's going to volatile for a long while. The only way to survive the collapsing economic structures today is to adapt to the situation and find ways to survive. Ways like decentralized finance and the rest. Though I worry the cryptosphere will not remain decentralized for long. The government is bound to take control one way or another. It's what they do.

The government is bound to take control one way or another. It's what they do.

Yes. Crypto people have to be willing to keep on forking away.

Volitility is the name of the game...Might need to strap on a cervical collar just to keep the whiplash at bay lol

This is a good reminder that when we look at the life of another from the outside, we truly don't know what's going on, in the inside, and what struggles even the rich and famous might be going through.

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This trade war makes more uncertainty to everything, crypto market, stock market, traditional retail market and even in job market. However, all of this drama last short and eventually end very soon. We have witnessed crash before and non of them stays long. Maybe this is a perfect time to accumulate crypto you love or become vigilant waiting for the another dip of the dip of dip of dipidipidip.

yes.. I'll take my life as a meager investor and blogger, compared to any high paid or 'famous' person. and volatility.. gotta luv it! 😉😎👊

Professional sports like football are risky due to injuries and what then? I knew someone who was on 30% pay due to a knee injury and he never recovered fully to play again. You have to make so much money and have insurances in place to remove the risk issues. The fear of injury is what stopped myself from turning pro due to my age being 27 at the time with a maximum of 5 years possibly as a career. If I was 21 then it would have been different, but rugby only went pro after the 1995 world cup. The crazy thing is I was becoming a pro ref and 3 years away on the fast track program when my back gave in so even that was not guaranteed.

I converted my HBD into Hive, didn't think that would happen but it did hit the limit buy order :)