Bitcoin As A Vote

Just like in a democratic country, where someone votes for their political party of choice, Bitcoin is a vote against the fractional reserve money printing system.

Bitcoin can never be stopped. Why? The reason is because there will always be believers that will use bitcoin. When it gets more and more expensive to mine bitcoin, some people will give up. However, remember that there will always be someone that will mine bitcoin even if bitcoin goes to near-zero. That’s because some people can mine bitcoin with solar energy, using free electricity.

Why it will not go away? Bitcoin has functions. It’s most powerful use is as an internet currency. Just imagine that countries have their own currencies, and the internet has bitcoin as its currency. Look back 10 years or earlier, or even now, transferring money from one person to another via the internet is still a hassle. You cannot transfer money easily without a central authority. You cannot transfer money without paying huge fees. You cannot transfer money if you do not have an account with a particular bank or entity.

With bitcoin, you can transfer money easily via QR code by scanning your phone on the screen. You can send money to people through YouTube, Facebook, or even the television instantly. The person who wants to receive money just have to display a QR code, something like a bank account number. And anybody can transfer into the bank account without borders. You do not need to have a bank account, you do not need to use PayPal or Visa or Mastercard to transfer money.

And best of all, people cannot take away your money from you. Once it’s sent to an address, only the person who has the private key, which is you, can access and transfer the money. Nobody can censor and reverse your transaction. Your bank account will always be yours. Nobody can close, suspend of freeze your account pending “fraud” investigations which will take years or more with only tiny hope of restoring your account.

Think of bitcoin not as a speculative stock. Think of bitcoin like a vote that you believe in sound money. Vote that you will never bow down to fractional reserve fraud system. Vote that someday, everyone will realize the true financial system we are currently using. Vote that one day, it will be much more fair financially for everyone.

In China and in many countries, governments are actively monitoring and spying on your activities and banking records. In China, people use mobile payments such as WeChat pay and AliPay, which heavily rely on such giant companies to transact with one another. And the downside? All these data are available to the government.

And if everyone keeps money in their mobile wallet, and someday, whenever you are against a certain political party of person, you will be banned. Your account will be frozen. You will not be able to transact with anyone. You will not be able to do anything at all. Think of the consequences. People will be obedient and be suppressed by their governments.

Vote bitcoin if you believe in freedom of money. Vote for bitcoin if you believe in sound money. Vote in bitcoin if you think the fractional reserve system has to change. Vote in bitcoin if you believe in the future of money. It may mean that you lose a lot of money in the short term, but in the long term, as more and more people rise and realize the financial system is a fraud, people will use bitcoin. It may take few generations to change the system. It may mean you will need to wait 10 to 20 years or more, for the younger tech savvy generation, maybe not even born yet to change the world for the better.

What is the best way to vote for bitcoin? Dollar cost average a tiny amount of your salary in something you truly believe. Irregardless of the price, just vote like 5-10% of your monthly salary into bitcoin. Overtime, someday, you will reap the rewards. Only put money you do not need in the short term, money you truly believe. Your money is your vote. And remember to stick to your dollar cost average strategy, and do not FOMO. It takes a lot of patience, a lot of despair and disappointment. Only if you truly believe. Even if it ultimately fails, at least you have tried, and hoped for a better world.

It’s your vote.

  • Bitcoin
  • Ethereum
  • Bitcoin cash
  • Litecoin
Scan to Donate Bitcoin to 3KfAJXSZ12B9SyDAwg21HrGtprusjc6Z7m

Donate Bitcoin to this address

Scan the QR code or copy the address below into your wallet to send some Bitcoin

Scan to Donate Ethereum to 0x6c4e28b393b63e06a0f294d6a912fa1370bf15f7

Donate Ethereum to this address

Scan the QR code or copy the address below into your wallet to send some Ethereum

Scan to Donate Bitcoin cash to 18iYpiLGdxJSaHHqXNT2D4s6EVkHNAzwwC

Donate Bitcoin cash to this address

Scan the QR code or copy the address below into your wallet to send some Bitcoin cash

Scan to Donate Litecoin to LNHQkUZ3ArEWj9iAL1BirWmXXcha4mWKU1

Donate Litecoin to this address

Scan the QR code or copy the address below into your wallet to send some Litecoin

Trading Emotions

Let’s face it. Trading involves a lot of emotions. When it involves money, everything is emotional. That is no wonder why charts and patterns repeat always. And history repeat itself. People always think that, this time it’s different. How different is it actually? Not really.

How market cycles always work and will always work, is due to human emotions. Believe it or not, even if you are saying you do not trade with emotions, you are actually in denial. Everybody cares when their entire life savings is on the line. Everyone cares even when people say they are only putting money that they can afford to lose. It always revolves around emotions.

Whenever there is a bull run – the herd mentality

Whenever the stock price is rising, people get excited and fear of missing out (FOMO), therefore they will buy when the price is increasing. And people feel that is the right decision and will dump their savings and feel dumb if they do not take out loans to buy a rising stock. However, little did they know that smart money is starting to dump their stocks. Smart money with huge amounts of money can influence the media. They will share “good news” in the media so that everyone will want a piece of the action. But when the enthusiasm is diminished, the stock price plunge. That starts the end of the bull market.

In a bull market, people will feel that they are smart, able to double their money in a short amount of time. Some people even start to think of retirement, all the money that they have accumulated, when they can quit their job.

Denial and Hope

After taking huge loans, people will keep holding on to the stock, in hopes that it’s only temporary and it will rebound soon after this. Whenever a stock dips a little, some even take out more and more loan, thinking that it’s a good deal as the stock price will surely go up again.

However, the stock continues its downward pressure as the smart money is still selling.

Soon, emotions take over. Then there is denial, pessimism, panic and then capitulation. The general public will feel how stupid they were to invest everything and take on margin to buy a stock. They regret and feel dumb. Everybody sells during this period.

That’s the time when it’s a sale for smart money. Smart investors will grab these cheap stocks on discount from weak hands.

Ending of the bear market

Right after the weak hands have sold their stocks, price will rebound from buying by smart investors.

Soon, there will be hope, relief then optimism.

Here goes another bubble, and the cycle repeats.

Trading – It’s not easy, Learn more about yourself and your emotions

Let’s face it. Everything is not easy in life. Trading affects everyone. It require a high mental attitude and discipline. It involves a lot of patience. A market can take a very long time, even a decade or more to bull. And it can take only a few seconds to tank into bear territories. It is extremely stressful, and it will affect everyone around you.

You may or may not notice, but it will definitely affect your emotions. Whenever a stock rises in price, you will feel confident, happier, and nothing can stop you. And whenever a stock falls, you feel that you are stupid, life is not worth living, and the most depressing moment in your life will occur.

It’s not easy to control ones emotions when trading the stocks market. And it takes lots of time and patience to learn about a market. There is no easy way in life. There is no overnight millionaire or success that comes easily. It’s always the behind-the-scenes of people enduring despair, patience and hope that many do not see. People only notice the successes, but do not notice the hardship and hard work.

Trading & Life

Trading is stressful. People feed all sorts of ideas into their own minds when a stock bulls or bears. Always remember to never lose yourself. A stock price is not a valuation of you. A stock price increasing in price does not mean that you are smart and a stock that is falling does not mean that you are a failure.

Always remember that there is a second chance and third and so on. There will be plenty of opportunities in life, if only you are patient and learn from your mistakes. It’s not going to be easy, but will it be worth while? Only you can decide by yourself.

Full of opportunities

In life, there is plenty of opportunities, if only you can stop and open yourself to view them. It’s no use fooling yourself that the world is falling down and everyone is against you. Cycles occur, and like it or not, history do repeat itself. Everyone thinks that, this time it’s different, but is it really so?

Always remember to be humble in life

In life, there are ups and downs. When you have acquired a fortune, always remember to be humble. Do not overspend and waste on unnecessary splurges. Always remember to keep some money for a rainy day, you might never know when the day will come. And fortunes can overturn in a matter of days.

It may take a decade to accumulate and only a single day to lose it all if you are not careful. Whenever you feel that you have accumulated quite a fortune, always consider to diversity. Diversifying is one of the ways to preserve your fortune and reduce your risks.

Do not despair

Always believe in yourself. Believe and have faith. Have the patience to endure a loss. It’s not really the end of the world. We can choose in our lives. Life is like a game, in which everyone plays. Everyone is born and live to work to accumulate wealth and then dies. It’s not the destination but it’s the journey that matters. In the end, what do you really live for? Money, health, famous or happiness? Whatever we do, always remember that we always have a second chance and we can always start all over again. Be humble. Life is worth living.

Life Quotes

Life is a marathon, a journey, it’s not the destination that counts.

Why rush? Be patient. Everyone dies in the end. Slowly take the time to enjoy every moment of life.

Everyone’s life is different. Why live our lives comparing to one another? Be grateful that you are alive today.

Whenever you feel stressed, bored or stuck in life, go for a walk. Go spend some time brisk walking at your nearest park. And appreciate nature and life. You will not regret it.

Slow down, live every moment, slowly.

Adoption Takes Time

Look back into your life past 5 or 10 years back. You will realize that many things have changed. The old house that you have stayed 10 years ago, it’s now other person’s house, maybe fully renovated. Things change over time. The present is not permanent.

Although the future may seem far, and never to come, it will come.

Remember back in the days when we used a Nokia phone with SMS capabilities?

There was once, people were fascinated with technology. Everyone can now communicate with anybody in the world with SMS. Now, how often do we use SMS for communication? After 5 to 10 years, we have transitioned to online messaging such as Whatsapp and Facebook messenger.

But how long did it take from SMS to online messaging? It took quite some time. Take time to reflect back what happened. Smartphone was booming. We have touchscreen phones. We have better internet, better speeds. We now have from GSM to GPRS to 3G to 4G to LTE and beyond. We transitioned from Nokia to Apple Iphones.

It was not possible in the past for people to imagine what will happen in the future. But now, everybody has a smartphone. Everyone is connected through the web.

From downloading MP3s to Spotify

Back in the days, we spend time searching for songs via torrent sites for songs. We would wait for a song to download, maybe a few minutes to hours to even days if we are downloading an album.

Now we have Spotify, with a single click, we can stream instantly. All thanks to faster internet connection and better technology, whether it’s our PC or smartphones.

Patience is a virtue

Maybe you feel that the world we are living today is so advanced, that everybody should catch up with you. Sometimes we feel frustrated that a restaurant refuse to accept your AMEX card, and only accept cash. You might think, what world are we living now, still refusing technology? Or maybe you went into an insurance company and was told that the system is currently down, under maintenance, and you cannot renew your insurance. You came all the way and was told you are unable to renew your insurance because of a system maintenance?

Well, the world we are living today will be different in the future. People will slowly adopt and get better.

Look into the future, people will be paying with cryptocurrency instead of cash or credit cards. But of course, it will take a long time, just like the transition from SMS to online messaging. Adoption can be accelerated by big giants adopting it first and subsequently smaller merchants.

Systems will be better, with less downtime, less maintenance issues with blockchain technology. No longer is a central server needed to update or renew your insurance. There will be no downtime for maintenance. It will be less prone to hacking. It will be better.

But it all takes time.

Have faith

Have faith, as the future will be better. What we will have in the future will be better, faster. And we might not even have thought about it from today.

Have a little patience. It’s no use getting frustrated because a tech is not functioning as it should today. There will be disappointments in the present, but it will get better in the future. Although nothing will ever be perfect, but it will be nearly flawless.

Advice for Future Self – Letter to future self

Sometimes, we just wish that we could go back in time to tell ourselves what we should have done.¬† But let’s face it, we cannot change the past. However, we can change the present and future.

So, stop living in the past and move on. Live in the present. Live for the future.

Our time is limited. We do not live forever

If you start to think this way, you will manage your life better. Everyone’s life is different. At every stage of your life, you will have different priorities.

When we are young, we tend to think that we will live forever and spend our time and life like it is not going to end. But, we have to realize that we grow old day after day. And lost time cannot be brought back.

Learn to do something worth while and valuable. Whether it’s for you or for the world. Live a life of purpose. Don’t let time pass by.

Time is your most valuable asset

Like money, we do not value our time as precious as our money. We trade our time for money by working for something we do not like to make some money.

Have you ever wondered why do we think that the more hours we put into work, the more money we earn? Is this way of thinking still valid in today’s world? Our time is limited and lost time cannot be bought back.

Using money to work for you

Do not trade time for money. Instead, use money to work for you. Imagine that every dollar you have is like your workers. Put your money to good use. Invest your money in multiple sources. Let your money work for you. Albert Einstein once said, compound interest is the eight wonder of the world.

Live your dream

Your time in this world is too valuable to live someone else’s dream. It’s time to live your own dream. Pursue your own dream. Don’t live for someone else. It’s your life. It’s your time. Why do we budget our money but not budget our time? Isn’t it strange? We always have the extra time for gossiping about our co-workers but not the extra money to invest.

We should value time as precious and more valuable than money or gold.

Plan for the future

We live our present life to plan for the future. Plan for retirement. The day will come sooner than you realize. Every mundane repetitive work we do everyday, we grow older and older.

Stop comparing your life with others

All our lives are different. We are born of different parents. Different countries, different social economic class in society. Stop comparing your life with someone whom you think is relatively richer than you. Start living your life and accumulate knowledge. Accumulate wealth.

Have a purpose

What is your purpose in life? What should you do to live a purposeful life? Think of something that you can bring value to someone else’s life. For example, if you are a teacher, you bring value by educating the young to prepare for the future. If you are a doctor, every little life saving procedure that you do can do good and bring a positive impact to the society.

Don’t waste your life and waste your time in this world by taking on drugs. It’s not worth it. Your life is more valuable that that.

We all have our down times 

Just like in the stocks market, sometimes we feel depress and sometimes euphoria. Not that you are suffering from bipolar disorder, it’s just the way life is. Sometimes we feel happy, success and great. And sometimes we feel sad, despair, disappointed. Sometimes it’s not to our ability to change this.

Whatever happens, happens. We cannot change it. But we can change our views and live a more positive life. Always view life in a positive light.

Sometimes, it doesn’t really matter in the end. So you have lost all your money in the stock market, you will surely feel bad now. But you have to believe in yourself that you will get it all back later, even if it takes a longer time frame. Maybe something good will come from that too. You will learn to balance your risk and approach using a different strategy.

Everything is changing, it’s evolving

We do not stay static all the time. The old will fade. We must all change or we will all become obsolete. The world is not what it used to be. There was no smart phones, autonomous self driving cars, artificial intelligence in the past. We must learn to embrace the future. After all, we all want everything to be faster, more precise and better. We want to save time by cutting down unproductive activities such as driving cars, or working in a boring autonomous job.

The future is here. Learn to see the world differently. Imagine a world that we can travel from one hemisphere of the earth to another in just less than an hour, instead of one full day.

Imagine that you do not have to place a call to the barber shop for an appointment, costing you about 10 minutes of your life that you cannot get back. It can now be done by artificial intelligence, whereby you instruct your phone to place an appointment and it will automatically call the barber to place an appointment.

Opportunity cost

Yes it exist. Whatever you are doing at the moment is costing you. What this means is that, if you are spending your time drinking alcohol with your friends, you are allocating that time in which you could have used it to work, earn money for example. However, it’s not to say that you should allocate all your time to work and no play. We need to balance our time.

Spend more time on productive activities and less on fun. But not totally cut on fun. It will have a toll on your life, you will feel that your life is all work and boring.

Work is not the most important thing in life

You should also realize that work is not the most important aspect in your life. You cannot replace lost time in work. Therefore, don’t work on something that is not meaningful or interesting in your life. Do something that interests you, do something you love. That way, you will enjoy better.

Spend a little money to save time

Depending on your net worth, you might want to save some time by paying for your laundry instead of washing on your own. You might rather pay for a driver than to drive yourself and search for parking. Wealthy people view differently when it comes to money. They value time more than they value money.

Spend some money for someone else to do it for you instead of doing it yourself. It will save you productive time that you can do something else. It’s opportunity cost.

Choose quality and avoid cheap

Cheap products are cheap for a reason. Most of the time, it’s because it is made of inferior quality. Not to say spend money on the most expensive item. It’s just that you should avoid the cheapest thing you can find because let’s face it, cheaper products are inferior compared to expensive products most of the time. But not all the time of course.

You should spend a little bit more money on a better pair of shoes or bag than to save that little money choosing a lower quality one. It will last longer and provide more value to you in the long term.

Same with stocks picking. Most poor people feel that they cannot afford to buy a blue chip stock, and instead choose to invest in junk stocks. The wealthy choose quality over price.

Learn and study economics

Let’s face it. We are living in a capitalism world. You have no choice but to learn about supply and demand and how it affects people. It’s all related. Money, currency, stocks, politics, societies, economies, it all revolves one another. Some economic policy being implemented will have an effect in the world.

To live a comfortable life in today’s world, you need to accumulate wealth. View money as your fuel. You use money to work for you. You can get more food, more security when you have more money.

Money is the root of all evils? Or the lack of it is the root of all evils. Being wealthy is definitely better than staying poor.