Tuesday, December 25, 2018

One thing I got right - Bitcoins

I learnt that my post on Bitcoins attracted the maximum views. What further astonished me was the view were the highest when Bitcoin was at its peak. I guess anxious investors were seeking confirmation of their bias and mistake in investing in Bitcoin (at the peak) 

Missing the Bitcoin boom and bust was the biggest learning of the year. I am happy I got it right although it may have been just luck by chance. 

My learning from this episode has been more on ‘controlling my emotions’ and urge to make a ‘quick buck’. Investing is a long term process and the feeling that you can multiply you wealth manyfold in a year is a sign of immaturity. 

Lastly, inaction is also an action. It’s good to sit tight and control one’s emotions!!! 

Investing is a mind game  but control your heartbeats!!!


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