Whether it’s pursuing your passion or investing your money, having high conviction in the things you do is important. You have to be willing to lose in the short term to win in the long term!
To easily summarize this into one phrase, you could just say delayed gratification.
I started my YouTube channel in 2016 and for years I was getting little to no views and little to no subscribers. After 3 years or so, my channel finally picked up traction and I was able to start monetizing my content. I made hundreds of videos during this time with little to no feedback or encouragement because I enjoyed it. If you come into something like this for the money, you won’t last a week, but this is more so to say that these things take time and effort.
Whether it’s content creation, a completely different career, or something else entirely, the habits you build bleed over into every aspect of your life. Having high conviction and putting in great effort to do even simple things will translate into the rest of your work. You have to be willing to lose again and again to actually get to the finish line. You have to learn to enjoy losing and learning so that you can appreciate the process and the progress you make.
Similarly, if you’re investing in something, you have to go big on your investments and invest in what you understand and have a conviction for. If you invest little to no money on gambles like sh*tcoins, then you still won’t make much money anyway. You have to go big on your investments, meaning that you should never be gambling or investing in anything outside of your risk tolerance anyway. When you have a conviction for an asset, you buy the dips and invest for the long haul.
Are you pursuing your dream? Where do you think Bitcoin and Ethereum are going? What are your thoughts on crypto as a whole? Are you willing to lose short term in order to win long term? Let me know what you think about this in the comments below and don’t forget to subscribe!
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*Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated*