Elon Musk @elonmusk said: Many times we delay starting something not because the task itself is difficult, but due to fear and laziness.
Fear of imagined difficulties, fear of outcomes that have not yet occurred.
But to put it more fundamentally: what we fear is "the ambiguity itself."
This is especially true in the cryptocurrency space. You know there are many potential opportunities, such as:
-- Developing a strategy for yield farming
-- Opening a long position in BTC
-- Delving into the structure of a protocol
-- Or even just writing a summary of your own investment review
Yet we always procrastinate, thinking we will do it when we have time, or when the market becomes clearer.
As a result, two of the most common outcomes in the cryptocurrency space often occur:
1️⃣ By the time the favorable news is truly confirmed, the gains have already been priced in.
2️⃣ Each time you wait, you won't have a more certain judgment than others; instead, as you wait, the opportunity slips away.
If you find it hard to start, then try to make the task more specific—
Want to research a project? Set a goal to understand three questions today: What problem does it solve? Who are its users? Where does its revenue come from?
Want to open a position? Write down your entry price, stop-loss level, and logic for adding to the position.
Want to create a strategy? Start by running a simulated trade.
Action is the only tool to eliminate ambiguity.
If you want to make money, don’t wait; the money in the cryptocurrency space comes like a gust of wind, provided you are a bit closer to the wind than others. Thinking leads to questions, doing leads to answers!
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