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RE: Accumulate SteemPower or Sell SBD at the Top?

in #greed7 years ago (edited)

Did you know, that if you invented a time machine and went back to buy bitcoin, you would not be any richer than you are now.

You would have lost those bitcoins to some accident or hack, or such.

To explain this, lets take a more factual accounting.
The lottery. Many people win the lottery. And instantly, they have a lot of money. But, they are not rich. They do not have any financial understanding. Every one of them is broker and less happy then before they won.

To become rich, it isn't about having money, it is about knowing how to work with money and create more of it. As Robert Kiyosaki (Rich Dad/Poor Dad) says in his many books, the rich focus on cash flow. The poor focus on money (or, more specifically, bills)

To become rich, you need to understand cash flow. And look for ways to create it. Crypto currencies will all go way way up. But, what will you do with that cash? Do you have a dream of your life being better by having a homestead? Then focus your attention towards that end.

And soon congratulations on becoming a papa.

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Exactly, reverse engineering your goals, the only way to get somewhere financially.