Strategy: Being Prudent! – Coinkolik

Obviously, I didn’t feel like writing specifically about cryptocurrencies, Bitcoin, Ethereum, global stocks and forex markets. Let’s put all the information aside, let’s slow down a bit and apply the brakes. Health, economy, energy wars, diplomacy were surprised in which area we would turn. Also, we cannot catch up with the speed of data sharing of social media and online messaging tools and the sudden changes in emotions that we create. I just wanted to take a deep breath today and take a step back and write down what’s inside me.

We know everyone is going through extraordinary times. The following period is not the time to compare, look for correlations, or prolonged determinations. The main feature of such times is that irrational behaviors spread rapidly and get out of control if they are not taken under control (which is generally not possible). I have left individuals aside, even the decisions taken by states and central banks are unusual. It is not healthy to bring criticism to each subject with unilateral bodosing judgments. However, there is a fact that the reputation of the currencies given to us based on the reputation (trust and dignity) we have created or constructed has been severely damaged.

At such times, it’s best to be cautious. What is to be cautious? Avoiding excessive behavior, moderate thinking and thinking by thinking about the future. I think we should include the ability to think in a moderate manner. I think that the concept of measured behavior is often misunderstood, being measured is avoiding extremism. Often, extremism is a trend that captures most of us. Rather than measure people either take their hands completely out of the way or take the opposite risks, saying the opposite has come opportunities. In particular, I am talking about the area of ​​investment. If chasing an opportunity is up to me, it shouldn’t be a priority right now! Prioritizing survival is more important in all areas, until the waters clear. I am not telling you that pull your hand from everything and wait in a passive position. Seize opportunities, of course, but do not throw the irrational tendencies of people out of the equation while doing this, so look for opportunities by creating your precautions.

There is a song called “If you want lies, let me tell you lies.” I think scenarios can be produced very easily in this way. Especially nowadays, creating scenarios is much easier for everyone to be overly inclined to believe what they hear. Most people tend to use this and believe in various conspiracy theories with the information they are affected from right to left (most of them wrong) and produce with the effect of multiplier. A lot of scenarios are lying wrong through social media. People who are not experts can make predictions in every field such as economy, politics and health. This is a very unhealthy ground, and the heads are often a mess. Mankind cannot ship its ego in order to cut down on everything. What is important is that nobody cares about how things are made and making predictions, how people are affected positively or negatively. First of all, we should think about how we can influence others, before I speak and write. You know what’s the most terrifying mistake? To think of everybody in his mind correctly! This is the most important factor that directly affects your psychological state.

What to do now? I say don’t spend too much time on social media, everyone loves to say big things big time. Yes, there is accurate and quality information, but refining requires a process. Our era is a period in which the classical economic rules, what we have learned and what we know are not working so much that the books of valuable economists have been dealing with the same subject recently. We have to pursue more opportunities to improve ourselves, because now is the time to fully update, we should do this, starting with the most up-to-date approaches, because the scientific literature is not constantly a constant accumulation, it is constantly updated, making it progress to wash, destroy. Stay with mind and science, nurture your soul with whatever your faith is, as long as you don’t confuse them.

Try to stay calm, away from excesses in the world of action and thought, which I will not extend too long. Stay cautious, do not be passive. It’s time to strive to build your own sentences, not the panic sentences of others. The world is going through a great transformation in every sense, it is a very challenging process, mentally, spiritually and physically.

We hope you stay healthy in every sense…