And on this Friday 12/22/2017, the economy did really bad; like really bad. This is just the tip of the iceberg to say the least. I'm not even going to begin to dive into the smaller stuff. Well, shit happens and it does. Yes, the shit hit the ceiling fan today. There are people freaking out and selling! I cannot stress how emotional people become when these days come around. Like a girl on her period, it just happens! You wake up and there's blood everywhere coming out of your crotch. Just get over it! None the less, you always need a plan for protection and that is why you need to diversify! I cannot stress how important and fundamental diversifying your assets. So what is in it for me? What do you do in a situation like this? Well, let's take a look at some of the greats. Warren Buffet would just dust off his shoulders like nothing happened. Elon Musk would just look down, stay humble, and continue to work. Whatever you do, don't react out of your emotions and start selling everything off out of fear and panic! People get butt hurt, but they slowly go back to work and start doing their thing again like nothing happened. A few blocks down the road, everything is back up the next few weeks/months.
"Shit happens" and when it does the red carpet comes rolling out! Yes, it even effects block chain technology and alternative coins. Yes, you get the same bunch of emotional people who sell out of fear and buy when the market is roaring. Does anyone every pay attention to BUY LOW; SELL HIGH? Nope, just the everyday professional boring managers and bossholes that do that kind of stuff. They are use to it and probably stop caring after a while. They are prepared. They are trained. They know what to do in the event of a panic attack and/or freak out session.
Wow, just look at that long list of cryptocurrency getting knocked out of orbit. I'm not even sure diversifying can save you at this point, but tomorrow is a new day. Don't let money and the market define who you are, what you do, and what makes you happy in life. Yes, money is important but that's not who you really are. So how do I deal with such massive losses? Because I'm already a homeless, I don't really care that much. I never became dependent on an expensive lifestyle. I was never spoiled by an iphone, a fancy sports car, or luxurious food. I remain frugal. I'm not upset, and I don't want to sell off in times of red like a crazy nut, trying to piece back a broken kitchen plate that just accidentally fell. All you have to do is set it when you buy and forget it. I'm not a technical analyst. It's not my job to hunch over a computer screen and day trade. It would be nice if I had a job like that, but for normal people the best protection would be to continue to just hold. Thank God, I'm currently working a stable job in the health field right now. It's important to have a normal job sometimes, just to feel humble and find stability in the world. Having to rely on sales, trading, cold calling, marketing, gambling, and utilizing a wide range of business tactics is still actually work. Guess what people will be doing tomorrow? Old habits don't die.
People are selling like animals thinking tomorrow will be any much different. Just hold onto whatever you have and if you have the funds to buy, go for it. For the love of God, don't sell. Tomorrow will just be another day. Why? Because you didn't win the lottery! You want life changing money! Not just a few petty dollars! If you didn't win the lottery, sit your ass down. The game will still be there tomorrow.
Well, thank you for visiting. As we all know, shit happens. Just try not to freak out and do something irrational. There will always be tomorrow. Happy holidays!