Insanely Practical

Bitcoin as a tradable asset gains more popularity than ‘bitcoin as a medium which brings financial sovereignty'. Amid the rise of growing popularity among crypto currencies and the big players manipulating the market, the vision is getting limited to what would happen in the crypto world instead of how it is gonna make a difference in the world. It is true that the popularity is among the traders and investors, these are the early adopters who adopted bitcoin as a part of wealth creation. But those who needs bitcoin the most owns nothing. Even worst, majority of them knows nothing about bitcoin. It is just a fad of jargon among traders and gamblers. This notion alone keeps them away from acquainting and acquiring bitcoin. The real solution to those problems are still yet to be understood. The so called bitcoin promote it as ‘why bitcoin and not fiat currency’ instead of buy at the dip and sell at the top. When it comes to share holding of a company, it is two separate entities t...

Searching for the things we think important often leads us to a prominent path. When we do such endeavours, we discover more things related to our fields. 

 Financial ratios are great when it comes to investment. These ratios are useful in calculating several attributes of an investor. We know that most people with an investor's eye look for return than value. Because money is luring.  While investing, it is advised to take a look at the asset through the different financial spectrum. We can't track the everyday activities of the companies. Some companies make a lot of money with little expense and others make losses from it. Even the performance of management decides the performance of the company. We cannot analyze each of these. But with the help of financial ratios, we can arrive at a solid conclusion for an investment.  Here number defines a lot of things than the words of the management team. They can fake you with fake words, but the number says everything.

Buying at the dip is one of the proven strategy that many people use to buy assets. The reason they do this is because they can see profit right from there. When they see profit at the very initial stages of investment, they will invest more. 

 Bitcoin as a digital asset is in trend now. The exponential growth of bitcoin or generally speaking of cryptocurrencies is what makes hot news every more often. This can be misperceived as a gimmick, the false asset that is used to pump the money and dump when it is done. But this is not how bitcoin should be perceived. For u, living in a well economy balanced nation, the essence of bitcoin is shrunk to a digital asset. But this is not the case with countries that dread economic disasters. Ongoing crisis that is leading to a financial shutdown. People living in those countries see bitcoin as a hope and an opportunity. Never in the history of mankind has there came an invention like bitcoin or specifically blockchain that transfers power from the authority to the hands of people. Internet was one such invention, but the authority still remained. Its o performance decides the economy. A poor country has poor economics. People leaving in those countries earn less for the same work an...

 The best way to avoid a common sense trap is by changing the time frame. Once we learn to do the correct time frame chart, we could easily see that things are not as much as complicated as it is depicted in the short frames than the larger ones.

 Since there is no authority to control or tonoutnthe regulation on crypto world, the manipulation can be observed. This is due to the fact that people getting greedy. They never let them self to settle for enough money, instead they go for profit ad much as they get. People with large sum of money manipulate the market by pumping and dumbing the shit coins.

Instead of going behind a financial advisor, we can choose our own assets to invest in. There are a lot of benefits if we do invest based on our own analysis. One thing is education. If we don't have anyone to guide us through investment and portfolio allocations, we are forced to learn. When we learn we grow intellectually and emotionally.  The intellectual part is easy to understand because when we feed our brain growth is inevitable. But the latter part might confuse some, how could we grow emotionally if we learn and invest. The answer is we have no one to impose responsibility upon. We have to bear the losses and take responsibility. Once we do that, we realize that we did something wrong and need to improve to get the desired result. This makes us realize in the long term that no one is perfect neither do we.

When we look at the victims that fell for a scam, we could see that these people went from a suspect mind to a believer mind. Scammers use their skill of communication to trap common people. Hence communication when learnt, its application decides the wavelength of outcome.

 It is better to be an early investor. Early investors get the opportunity to raise the technology and can reap the maximum reward. This is because the CAGR shows the maximum number at the initial stages. The more it grows the rate of growth in terms of percentage decreases. This makes a lot of investors search for opportunities that are yet to explode. It takes a good amount of work to find those multi-baggers. The finding isn’t enough. When we find a company that is perfectly aligned with the situation and the filler of the void, some companies still suck. The reason is the founders. If they don’t know what they are not passionate about giving something to the world, then the prime focus veers to money. This is bad, especially for a company. A good founder with great intention can turn a mediocre company into a world scalable one.

Holding is the key for wealth. Holding seems like a simple thing to do. I’m fact it is the hardest jobs when it comes to making money. People find it frustrating because it shows results vey lately. They lack patience, they are newbies and needs to see the profit as soon as they enter. But market is designed exactly opposite. It rewards those who wait.

It is advised that before investing it is a healthy habit to analyse the asset fundamentally. We see people investing purely based on news and short term information. News and media will not cover a story about a fundamentally strong multi bagger stocks. It takes time for them to analyse and media’s rarely do this. But whenever they find something, let’s say stocks, flying it is immediately covered and they compete to out the coverage first. This is observed globally. Besides doing fundamental analysis requires lot of time and patience. There are thousands of companies out there and to find the good one with great potential is hard and risky. Risky means we have to trust our instinct that somewhere somehow we will find those stocks by sacrificing our time. It is a risk when it comes to time.

People do start something as soon as they find interesting stuff. The curiosity behind what is in it is the driver. They see someone doing a particular thing the he never tried before. So a keen interest develops inside him and he eventually think about it for a while. If he sees it again the curiosity rises again and the urge to do it develops more seriously. As a result the temptation increases so rapidly eventually leaving him to do that. This is the base behind every new act. We see people doing things they never did before. But this is not the right way or specifically not the right mentality. Because without the understanding of what they are doing and in the absence of purposeful why, things won’t last. When the curiosity and entertainment ceases, it gets boring and frustrating. The reason is the factor that motivated him to perform this activity is no longer alive and he needs new injector which is not available. So the easiest option is to quit. To continue anything we must b...

Learning curve acts like a flee bull. When we try to learn or master anything, we spend good amount of time immersed in it. Anything new needs to be highly cared because it takes sometime to fire and wire the neurons together. After that the process become less difficult and more of a routine. The process of routine is not difficult since it is in a state of automation, but the journey to the automation is difficult. It requires us to go through the curve. The curve contains a lot of dip. Each dip is designed (by nature or universe) to reward those who survives. This is same as of what Darwin said in his book. It is the survival of the fittest. One these who works, wins. Each dip like said makes the participants stronger. It is must and inevitable. It may seem hard at first, but eventually proves the best. It applies to anything that is happening around.

Get rich quick scheme is very much overrated. People get attracted to getting rich than building a long term wealth. It is quite obvious, all of us want it achieve our goals as soon as possible. I mean for lot of us it is meaningful. And most of people in this planet consider work as the mean of earning money, which is partially true if the purpose is neglected. So all want to get rich within a very short span of time. This is desirable because it brings financial freedom which further brings the true freedom. This is luring. So we chose the get rich quick scheme.

The pandemic like we know did more adverse effect than good ones. But it also made some industry to thrive. Mostly digitally pivoted industries found a rapid growth during these fields. When the whole world were instructed to be in home, the demand for online services soared. The entertainment industry which were struggling to survive made to the top. Thousands of digital based startups reached unicorn status. This is clear indication that where the world is going and how the future business model should be. Everyone knows that the world belongs to digital giants in the future. All of us are somehow spending hours and hours in the internet. Researchers indicates that this number will only go up. This is one of the reason we see a lot of tech startups founded by non techies. They saw the opportunity and tried their own hands. Even industries focusing of physical or tangible product and services are integrating their business to the internet. What this pandemic did was it accelerated...

For a lot of reason some people avoid reading news. It is convinced by the society that reading newspapers or watching news for hours is good for us to get updated. In a sense that is true. News is something that should be watched or read. But what if the news itself diverges from its . Instead of delivering the news, these media’s are keenly focused on delivering addictive contents. A culture of attracting views got the foremost prioritization. As with the internet, the competition for getting views or subscription soared. This led the media companies to focus on customer acquisition than delivering news. They broadcast contents that are addictive and short term pleasurable. Our minds are readily acceptable to negative news than positive news. A bribe investigation is lot pleasurable a development project. We all know that negativity is bad for the mind. Yet we consume it as like we do with alcohol. What is even worse is we do this in the morning when our brain is fully functional. ...

 For a short term use in assets, we can use technical analysis. It gives us a brief Idea about where the price is moving and how fast they are pacing. It use more useful in short time frame trading. For long term Fundamental analysis is needed.

 Manipulation in crypto is a common thing. Whoever with a big follower base can alter the value. It is not that great. There are some problems related to it. When we see someone with tones of crypto investment, we could observe the variation in the asset value when he withdraws. This is the case with every asset which is open to investment. And by pouring his money into the asset makes its price surge. When he couples with some other investor, the power becomes stronger and it is hence easy to manipulate. This is actually the migration of power to those who have more. But Bitcoin came into existence to cease this same thing, a central authority being the decider of price movement. It takes a good diversification to adjust the growth rate of cryptos. An asset being easily subjective to manipulation is not a healthy investment to think about. Because the person who holds more possess more power and manipulation is easy to practice. He can make a small retail investor poor or rich wi...

Fake peoples are everywhere. They are looking to make profit form scamming other people. Sometimes it is hard to identify these scammers. They are very much skilled and ready to go any extent to make money. All they care about is money and ready to do anything on behalf.

 The Internet opened a lot of ways to do a job. It opened opportunities for a lot of people. The business started to grow fast and the pace of everything related accelerated. It is no new thing. Whenever a disruptive technology disrupts the industry, it collapses the whole factors that were meant to be the status quo. As it touched and changed multiple industries, it also changed the way of making money. The Internet alone creates half of the billionaires living today. In fact, if we look at the top 5 richest people in the world, four out of them were internet accelerated billionaires. They are promising a better future through the development of the internet. Among this revolution, a lot of people found their way of crookedness in making money. One such thing pumping the price of an asset with the support of a strong community. That is clear manipulation. But when it comes to a decentralized asset, it is quite legal and good for short-term gain. By decentralized assets, I clea...

There are lot of traps out there. Only after falling or getting out of that trap we realize that we were bondaged for a very long time. We were born into the society trap where everything is predefined. Everything is written and all we have to do is to obey them. We are not allowed to wander with our will and certainly not with any other rules. Predefined are the prime ones. When we look at those cultural scribings of activism, we could see that everything is limiting and designed to refrain is from our true potential. The hardest thing is not being unaware of this trap, it is being in the trap even after knowing you are in a trap. This makes us to think differently. Because we found something, probably, no one around found. It would be game changer for everyone. It could transform the society and culture, paving a more promising future for the generations to come. But what happen when we introduce this theory to those blind people is quite depressing. They mock and joke you, laugh a...

For lot of reason, people avoid confronting reality. It is very much scary to them. You must have heard that everything is first created in the mind and then in the reality. That is true But it is difficult to execute and to put into practice. Involvement and lot of work is required. Very few people make this transaction. What filters this out is the work involved in between.  

Both long term and short term investment are hard. Both requires a specific set of skills. When it comes to long term investment, patience is must. Because the money when invested for a decade needs no withdrawal to see the real compounded growth. Everybody see this power of compounding and they land into investment as soon as they can. Those people with real poor mindset always rely on their emotions for placing further entries and exists. If we look at those who had succeeded and made a massive wealth, we could see that one of the most important thing that aided their process of wealth creation is holding. They have this ground level patience and they hold for decades. That is a skill. Waiting for the returns from an investment that was initiated decades before. It is very much easy to see investment as an option with less work and preperation. But it is not. It requires skills to analyse a company fundamentally. Among thousands of companies, the one with right set of values gets i...

The amount of work depends on the amount of time we spent on and the amount of focus. To be precise, it is the product of those two. There are various types of practices that makes up to a perfect finishing time. But whenever we look at it, the core always lies in the amount of we focused. We can even say that focus is solely responsible for completion. Without focus nothing cannot be completed. It may stay unsolved forever. People try to make their lives better by doing several things, in the end we could say that they were indirectly trying to improve their focus. Focus helps is to accomplish things within a very short span of time. There by reducing the time wastage and leaving things perfectly finished. With focus, we can complete even the task that now feel like impossible. People often neglect this fact try their best to make a difference in their lives by merely altering the surface. That may do good in the short term. But in the long term, it does nothing. We have to change ...

Questioning to wonder whether the existence is real is a very good habit. There are lot of benefits. Questioning opens our minds and leads to different possible outcomes. It makes us to act in a certain way of finding the solution. We often times heard that finding solution is the hardest part. But it’s not, it is finding the correct question to ask. That is both challenging and rewarding. Because once we find the real question, we can make a better solution.

Small everyday improvement leads to a large improvement. The compound effect is real and must be experienced. It is like witnessing our own growth for near as far. There is nothing to wonder that it is the eighth wonder.

Start-up ecosystem around the world is evolving. Whenever we talk of startups, there is a tendancy to sway towards American tech hub. But that is changing. Evey country learned those lessons form their mistake of letting companies go to hell. Now even states are focusing to build massive startup ecosystem. They found that today’s startup will bring lots and lots of wealth to their country. Countries even with a poor economic backgrounds are trying very much hard to involve youngsters to build their own ventures than finding a job. There are lot of motive behind this. One is that the government need not work hard to get every citizen employed. Even some companies could give jobs with attractive salary than the government jobs. Another one is paving the seed for the future. Younger generation see this evolution and male their way to the similar path. But it might take a lot of years or even decade to achieve this. Through giving incentives on local startups, these countries are attract...

Why it is wrong to judge a person by his looks? This is a common thing to acknowledge. Although we often hear ourselves and other people say that you cannot judge a man by his looks, all of us do it all the time. This is ingrained in the humane gene. We tend to defy that but often ends up in which we thought we wouldn’t. Most of the time our calculations gets wrong. The person who we thought wasn’t the person we thought. If we engage with them, we could see a lot of different things. Even things that we can apply in our own life.

Booking a loss in investing or trading is a part of the process. No trader in the world has become a trader without booking the loss. Loss is inevitable while trading. Look at any field or any career path, there we can see failure ad a probability. Failure means a test where we can check ourselves whether we would be able to sustain or not. Everything in the universe brings failure as a probability. Without failure nothing is complete. We can even congest it with death. Death is an equalizer and life would be incomplete without it. That’s how failure is associated with success. In order to taste the sweetness of success we must first taste the failure. Trading we can say is a volatile and riskier game. There is no middle ground. Either you lose money or win the jackpot. Our goal is to convert the success probability as the most possible outcome. Once we win this, we could see ourselves getting improved. We can say the more we try the more we fail, thus the more we succeed. One of...