Hi Everyone, with so many opportunties
flying around at the moment, it can feel quite overwhelming to look at all
the cryptocurrency projects at the moment. If you're alone, it's virtually
impossible to keep up with everything happening at the moment. For
some, your mind is probably all over the place looking at everything
trying to find the next 100x gem.
In today's video, i'm going to share with you 4 things you
can apply now, to become a better investor. By the end of this video, you will realize
that beating the market consistently is more about growing as an investor. Many want
to win in this space, but few want to grow. Hello Everyone my name is Jerome,
I do videos about cryptocurrencies. My missionl is not to make you rich financially
but richer emotionally and intellectually. Hopefully what I share with you helps you get
closer to financial freedom and empowerementt.
Alright so let's jump into
Tip #1 : Understand Yourself. As an investor, the most important is not
have the best strategies or the best picks. How many of have searched for winning
strategies, methodologies in the past, only to realize that what works for other
people is not necessarily working for you. Some approaches and strategies might for
amazingly well for others. But when you try to apply them to youself, it doesn't work.
One of the reason is that we are all unique. We do handle situations and problems differently,
sometimes resulting in very different results. For a similar investment, when things go down, you
might panic sell because your basic understanding, beliefs and your risk
torelence are just different.
Too often I see people trying to mimic or shadow
other people's idea. The problem with this is that you're blindly trusting people and you forgot
one thing along the way : growing. Don't look at things upside down: Money is the byproduct of
growth. And Growth is not the product of money. Its not because you'll have
millions that you will grow. However if you grow, you will eventually
use knowledge to make money. Remember that every investment, should
be an opportunity to grow your knowledge and understanding about a particular project. One key thing to focus on especially if
you are new : is understanding yourself. The more you invest and do things your own way – you can inspire from other people –
the clearer and and calmer you'll become. You will be able to understand how your mind
reacts to concept of losing money.
Society teaching us to make money, but losing money
and handling the emotional repsonse to this is very unique things. The idea of having money
disappearing can be devastating for people because they didn't even buy anything with that money
People also feel euphoric . For 1 sucess that you're seeing on social media, there are hundreds of people struggling and
going through roller coaster of emotions. So In order to understand yourself,
the key is to start asking questions : – How did feel investing in this project ? How
Did I feel when it dropped 50% : confident, excited or depressed ?
– How did I react and what was going through my mind at this moment? By answering questions constantly, you will
ultimately kickstart the process of growth. Those tiny little and details, will make the
different in understand yourself emotionally. Okay Tip #2 now : Define
clear process and criterias : It is very hard to know if you're growing or
improving if you're not keeping track of things, or if you constantly change methodology.
That is why I always suggest people to start with something they love.
The reason is that
they have a natural interest for something and I know they will at least
keep doing something with some of passion, insteading of jumping
and right and trying all sorts of things : use the things that you know and love as
your basis to start your investing journey. Gamers like myself are super
excited about the upcoming things coming in the NFT space for gamers,
and you can be sure that i'll spend hundreds of hours studying the
space when the time is right.
On my previous video about NFT, I laid out a
methodology to invest and pick collectible. But the way I know if this methodology works, is if I keep doing it for some time,
and keep track of the performances. For example : Two of my top criterias
for cryptocurrencies at the moment : I need to see either, a lot
people using the products, or having a huge and active community acting like
die hards about their cryptos. If they just have a website, it falls off my criteria, and I just
skip it. I know myself and its too risky for me. Alright tip #3 : Quality of Quantity You know I like to make parallels with
real life, so let me ask you this question: – Would you rather have 300 friends, accross all
countries in the world, or two or three very close friends, that you can really connect with on an
emotional level, and spend quality time with ? – Would you rather have 10 love relationships,
or 1 that is really meaningful ?
People are constantly looking for instant
gratification, and often gratification comes from quantity, not quality.
The problem is that the ultimate sense of contentment that’s being
sought after is never found.
Favoring quality over quantity can help
increase your satisfaction with life as you’ll be able to place more
value on the things that you have. The reason quality should always be
favoured over quantity is simple : you deserve the best for yourself.
Focusing on quality helps you to raise your standards, wether it is friends, relationship
or investments. If you want to give yourself the best, you will ultimately raise your
standards and end up focusing on quality.
So don't give yourself crappy projects, you
deserve to have the best. And do you give yourself the best investments : you work hard and make
a lot of research. And that's okay to be wrong. In cryptocurrencies, the way I find quality
coins is very simple : I look for survivors. While everyone is focused on finding short
term winners, i'm focused on finding the coins that have what it takes to survive.
The projects that will surivive the bear markets in my opinion, are the ones that have a
vision, and people supporting that vision. Vision never dies, and Steve Jobs and other leaders
of this world are perfect examples of that. I can guarantee you that 90% of the coins
going up right now, when the bear market hits, people will be rushing for the
doors, and never come back. So remember this: In crypto :Surviving is winning. Alright last tip for today : have Patience. Believe in the three things I mentioned above:
– Belive that you understand yourself, that you have and trust your process, and
that you're focusing on quality of quantity. if you do have those, its only a matter of
time, before you make money consistently. There is no reason why if you know
your emotions, you have a clear process and you have quality, that you don't succeed.
You just need to be patient and persevere. One day, it will click and you'll perform.
You should prepare today, because when the crypto market WILL change.
We won't
have bull markets like this forever where the only thing you need it to press buy.
Everyone is making money in this market, but 5 or 10 years down the line when
the market matures, I can guarantee you only the best will perform. Its going to
become more challenging and more competitive.
So focus on building your
foundations today : Emotional intelligence and a set of clear criterias.
For the first few years of my trading careers, I've made a lot but lost a lot of money..
It took me years and hundreds of thousands of dollars to realize the things
that I'm sharing with you today.
For those that want to support my mission,
please consider susbcribing to the channel or staking with my cardano republic or
cardano samurai stakepool , the links will be in the description down below,
that would help me so so much thank you.
Let's end off with the french quote of the day "Tu ne traverseras jamais
l'océan si tu as peur de perdre de vue le rivage." You'll never cross the ocean if you're
afraid of losing sight of the shore.
Losing is growing. So learn not to be
scared to lose, its part of the game. Don't forget to like and subscribe. Let's grow together and make this crypto
journey fun and enjoyable. Join the telegram channel if you haven't already.
Thank you so much for your support. That was jerome
Until next time.
