Uncertain Market & Odds
Good day, tribe.
Its good to be back and I wish to discuss a few of the facts about how our economic behaviour should be when the market is unstable and an ongoing depression is causing harm to us in many ways.
First of all, what I think that - its not guaranteed if we are on the move of making something worthwhile for our future. Sometimes a hard luck can occur and then market can spin out of control.
Quite fortunately, this happens when we are predicting and hoping so well that, the future would be good. But that doesn't happen either, becasue luck is a big factor to look at. There are uncertainties to everywhere.
Src
I can relate a story here, it is that when a near one of mine invested $2k of his capital into the steem crypto token. Time went by and he hoped thathe could bag at least 1.5× of his capital if he just waits for a quite period of time.
First of all, he maintained a clear tally to count on, waiting for 6 months or so, without any point of hesitation. As $2k of money was spotted on from his savings fund, so he was quite confident of hoping that the money won't bother his await.
But luck is all that is whimsical to some nature. Steem now is below $18 and some of the restrictions are posited due to exchange related problems. Its a point of burden and quite evidently he could have to wait for more of the months to arrive and if that does so, then his hope of reaching the 1.5× mark would be potentially unachieved.
From this story, we can learn a good lesson. We shouldn’t be blind at how things would appear in the long run. Eventually things dont last as we hope results should be.
What happens, that is beyond our expectations most of the times. I wish that has a merit point, eventually.
Thanks for the read.