The weekend, CME gap, Coinbase IPO & BTC to six figures. When you start piling on all of these levels of confluence around the cryptosphere it becomes something that is even more important. 10 Minutes of BTC Mindset.
The 10 Minute Writing Drill
As many of you have seen already, at least a couple times a week, I will write out a thought for 10 minutes. Put on the timer and just free write and go for it. Other than minimal editing with a quick spell / grammar check (which I make mistakes all the time), the whole point is to not have a scripted or insanely deliberate document.
Rather, the intent is to discover content, thoughts and ideas without being constrained by the formal process of developing content.
Here we go.... Again...
Confluence
If this term is not part of your vernacular, I truly hope you take the opportunity to include it into your modus operandi going forward. It is powerful.
Let's talk about what it means. Without having to go to all of the web sources. Confluence is typically used to think of when streams, rivers and tributaries all come together. It can be used in many other situations as well.
In this author's humber opinion the Confluence which exists in the mindset of the crypto operator is of unique design and important.
Although, I'll let you in on a little secret. We all have this superpower. It's just a question of whether you have activated it. YET!
Your Mindset and Crypto
Now most often in crypto when I hear confluence it is around the topic of indicators. A fibonacci retracement is on top of a trend line, which is on top of a momentum swing, which also lies on top of a switch in money flow.
That is confluence. When you have the rules for those indicators, then it is just a matter of finding the right conditions to enact your recipe for success.
The same holds true for your mindset.
Conditions
How many times have you found an interesting opportunity whether it be in crypto or life in general, only to talk your self out of it on one indicator?
I can't tell you how many bottoms and tops of swings I deliberately stayed on the sidelines for because I didn't have the right mindset around confluence and became myopic on any one indicator.
The same holds true in life.
Fortunately there are some approaches that everyone can take which help on numerous levels.
What's the Span?
First is think about the span of influence in your life. When you look at any organizational hierarchy, you will find there is a 5:1 ratio in general. Depending on the sector and activity you can see that ratio for up to 8:1 or even 9:1.
Basically for every one person there is an influence potential for 5-9 others. Some people refer to this as the multiplier effect and in industrial psychology there are plenty of other pretty titles for it.
So how does this apply to you?
Basically you need to pick your 5 indicators that you make any decision on. The reason behind it is simple. We all know that the term multi-tasking is a farce in terms of truly doing multiple things at once. In reality we start / stop on a micro scale when we are operating across numerous tasks.
Our cognitive abilities super perform in the sweet spot of 3-5 tasks, data streams or categories. Anything beyond that and we dilute our capabilities.
So keep in mind your span of control or span of influence at 3-5 is your most powerful and effective approach.
Span & Confluence
Understanding how both Span and Confluence work in both your portfolio as well as the rest of your life can be a powerful understanding.
Quite often what we seek is already right in front of us, the challenge is:
trying to look outside of your tent in the middle of the desert with your flaps closed
There's a whole big, huge, expansive world out there and if you don't have the ability to view it, well then the inside of your tent it is.
Three to five indicators that create confluence and fall with in the span of your attention, influence, control or awareness are powerful in charting your path forward in both crypto & life.
NOTE:
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Energized Life with BryRi
Keep irregular sleep hours? Finding different ways to keep energy in top form? Of Course you do! Like all of us, BTC never sleeps and there are days when we don't either.
Over the last year, I have been developing skills in Energetics and Alignment of resources that help all of us address the need to be a non-stop energy factory!
I have started a once a week newsletter "Energized Life with BryRi". It will take you to a splash page to put in your email and then to my website which is still a work in progress.
I would be honored to serve you. Check it out!
Be blessed!
