1. Understand it, then buy. - Deepstash
1. Understand it, then buy.

1. Understand it, then buy.

Before investing, take time to deeply learn how Bitcoin works. Knowledge builds confidence and reduces fear.

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maks1

Wealth Building. Business. Investing. Crypto and Technology. Entrepreneurship. Reading, Learning and Writing.

Michael Saylor shares 19 wealth principles focused on Bitcoin, long-term thinking, scarce assets, clarity, and financial independence in chaos.

Similar ideas to 1. Understand it, then buy.

Day 1

Day 1

  • Right time to start investing is TODAY.
  • Don't make big decisions when reeling under debt.
  • Liquidity is critical.
  • Have excess cash? Wait for the right time.
  • Diversify based on what works for you.
  • Take loans only ...

Getting emotional over investments

Many people get poor investment returns because they get emotional. Emotions around investing are simply due to a lack of knowledge.

Curb emotions through reading investing books and blogs. Once you realise how investing works, it will help take the emotion out of it.

3. Focus on The Two Important Questions

3. Focus on The Two Important Questions

When providing feedback about specific performances we must use the simple framework that builds salespeople's confidence and competence:

"Did Well" and "Do Differently"

These two phrases builds confidence by asking what they did well while you add your own observations and addressing...

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