2stout
|
|
August 21, 2022, 10:46:08 AM |
|
Delayed Gratification, do you want now (short term) and are ok with losing out or patience (long term) for huge gains. Or better yet, delayed gratification= HODL
|
|
|
|
bestcoins1
|
|
August 21, 2022, 02:27:18 PM |
|
Delayed Gratification, do you want now (short term) and are ok with losing out or patience (long term) for huge gains. Or better yet, delayed gratification= HODL
My wish is still a HODL for greater satisfaction in the long run. Because I think if it's about holding Bitcoin in the long term, then I'm still very happy to do it and still very patient with it forever. It is about a person's belief and trust in what he holds in the present moment for the long term. So it is necessary to see what is really good to hold before living it for a long period of time.
|
|
|
|
vv181
Legendary
Offline
Activity: 1932
Merit: 1273
|
|
August 21, 2022, 03:46:05 PM |
|
Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
Delaying gratification is meant to save things, not to achieve any certainty in the future. We choose so because we believe that the present is worth sacrificing for the greater good in the future. It is a different causality between delaying gratification with a determined investment return. So, just because someone is working hard in the present doesn't mean any investment they make would be profitable yet ahead in the future.
|
|
|
|
Smartvirus
Legendary
Offline
Activity: 1652
Merit: 1158
Playbet.io - Crypto Casino and Sportsbook
|
|
August 21, 2022, 04:30:01 PM |
|
These are little strings that investors pull to ensure there staff give there jobs there best and you can say, a happy staff is surely going to do the job in the best way possible, not because his been paid for it but, his effort in ensuring that it all comes out perfectly is been seen and appreciated. Now, you withheld or delay payment if gratuity, probably to bring about competition between the staff, to reinvest the money and make some more money off it but, as your staff happy? I guess not and when the staff aren't happy, your going to have them withhold how much effort they put in delivering there job.
Competition on the other hand might result in good outcomes butcould create a tense situation at a wor place with each person trying to out do the other and could result in mistakes too.
Delay to reinvest might be tactical reaping from your staff. I prefer you just pay if its due and ready.
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3738
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
|
|
August 21, 2022, 04:51:02 PM |
|
This is definitely a method many people use, but I disagree with it for my personal life. Why would I delay enjoyment in my life when there is so little of it left. If you want to have a wikipedia page about you written by your fans, then it would be smart to try and build something big and save money for it and stop enjoying life for a while so that you could end up building something.
But, if you do not want that, and you just want to enjoy this short span of life we are given, then you should not postpone any happy moments and do whatever you can afford to do, sometimes even things you can't afford to do but pay later on with instalments just to have that. Debt is not bad if you are happy with your life, debt becomes a problem when it ruins your life, now the limits of debt you can acquire.
|
|
|
|
teosanru
|
|
August 21, 2022, 05:27:39 PM |
|
To delay gratification is in my belief; to forego consumption today for greater prosperity tomorrow or better put, delay today's enjoyment for tomorrows benefit. The benefactors who stick to their strategy, have more consistent performance over time. By finding ways to embolden ones own discipline by either looking away, or by holding your long throat, one can use similar tactics to do the same thing as an investor. Think out a plan. Write it down. Set up automatic deposit or dividend reinvestment plans.
Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
Actually this thing has two different answers because in some cases it might give a positive outcome when your investment is something like bitcoin which has been giving positive returns since ever but what if your investment is something like LUNA ,you waited for ever to sell it at a price of $150, see what happened with their wait? All of them had to sell their LUNA for peanuts altogether. So this can't be said to be true in all the scenarios.
|
|
|
|
qwertyup23
|
|
August 21, 2022, 05:59:00 PM |
|
To delay gratification is in my belief; to forego consumption today for greater prosperity tomorrow or better put, delay today's enjoyment for tomorrows benefit. The benefactors who stick to their strategy, have more consistent performance over time. By finding ways to embolden ones own discipline by either looking away, or by holding your long throat, one can use similar tactics to do the same thing as an investor. Think out a plan. Write it down. Set up automatic deposit or dividend reinvestment plans.
Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
The outcome of an investment is always determined in the end where you liquidate your resources and convert it to cash. Most investors have this hope that the price of BTC will skyrocket in the future. While this may be true, a wise investor must know when to stop and when to convert their coins into profit. Due to the inflationary nature of BTC, its price is highly volatile that may either make or break your investment. While having to profit means at least HODLing your coins, there is nothing wrong with having a break-even investment. At the end of the day, even if it may be called 'delayed gratification', as long as you profit in the end then that is the only thing that matters.
|
|
|
|
justdimin
|
|
August 21, 2022, 08:35:25 PM |
|
Delayed Gratification, do you want now (short term) and are ok with losing out or patience (long term) for huge gains. Or better yet, delayed gratification= HODL
My wish is still a HODL for greater satisfaction in the long run. Because I think if it's about holding Bitcoin in the long term, then I'm still very happy to do it and still very patient with it forever. It is about a person's belief and trust in what he holds in the present moment for the long term. So it is necessary to see what is really good to hold before living it for a long period of time. The fact is that I am not expecting to turn my bitcoin into a larger fiat amount in the future, that is not my end goal. My end goal is to have a life where I never have to turn my bitcoins into ever fiat again and live comfortably. This means that there needs to be a tech somewhere which would allow us to have a world where we spend bitcoin to buy things very easily, bills, grocery, the cup of coffee you drink with your friends, the McDonalds you buy, the tires to your car, ALL should be bitcoin paid without ever using fiat again. I want to reach that and if we ever do, the price will of course be very high, that is what I am trying to reach and that should be good day when we get there.
|
|
|
|
Quidat
|
|
August 21, 2022, 08:48:04 PM |
|
Delayed Gratification, do you want now (short term) and are ok with losing out or patience (long term) for huge gains. Or better yet, delayed gratification= HODL
My wish is still a HODL for greater satisfaction in the long run. Because I think if it's about holding Bitcoin in the long term, then I'm still very happy to do it and still very patient with it forever. It is about a person's belief and trust in what he holds in the present moment for the long term. So it is necessary to see what is really good to hold before living it for a long period of time. The fact is that I am not expecting to turn my bitcoin into a larger fiat amount in the future, that is not my end goal. My end goal is to have a life where I never have to turn my bitcoins into ever fiat again and live comfortably. This means that there needs to be a tech somewhere which would allow us to have a world where we spend bitcoin to buy things very easily, bills, grocery, the cup of coffee you drink with your friends, the McDonalds you buy, the tires to your car, ALL should be bitcoin paid without ever using fiat again. I want to reach that and if we ever do, the price will of course be very high, that is what I am trying to reach and that should be good day when we get there. We do all hope for the best but dont anticipate much that it would happen because it cant really be that possible unless if it would really be just the same on whats happening in El Salvador then you could really spent up the coins you do have without any problems but we know that not every corners of the world would really be on the same state which means you do still really need to make up conversions from your bitcoins to fiat for you to able to make use of them.Lucky if you do see some merchants or services which do really accepts bitcoins directly but well this is entirely be depending on the place where you do live on how much bitcoin adoption is really been going on there but since regulation and laws do differ into each place then you could really expect different things in regarding to this.
|
|
|
|
South Park
|
|
August 27, 2022, 06:30:57 PM |
|
Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
Delaying gratification is meant to save things, not to achieve any certainty in the future. We choose so because we believe that the present is worth sacrificing for the greater good in the future. It is a different causality between delaying gratification with a determined investment return. So, just because someone is working hard in the present doesn't mean any investment they make would be profitable yet ahead in the future. Correct, and yet the ones that are working hard now, saving and investing for the future have way greater chances of achieving a favorable future for themselves and their families, and the most interesting thing about this is that this characteristic can be observed from a very early age, kids which show they can delay their gratification have been shown to do way better later in life even if their starting conditions were not optimal, so this should give hope to those which want to achieve financial success later in life.
|
|
|
|
vv181
Legendary
Offline
Activity: 1932
Merit: 1273
|
|
August 28, 2022, 06:13:07 AM |
|
Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
Delaying gratification is meant to save things, not to achieve any certainty in the future. We choose so because we believe that the present is worth sacrificing for the greater good in the future. It is a different causality between delaying gratification with a determined investment return. So, just because someone is working hard in the present doesn't mean any investment they make would be profitable yet ahead in the future. Correct, and yet the ones that are working hard now, saving and investing for the future have way greater chances of achieving a favorable future for themselves and their families, and the most interesting thing about this is that this characteristic can be observed from a very early age, kids which show they can delay their gratification have been shown to do way better later in life even if their starting conditions were not optimal, so this should give hope to those which want to achieve financial success later in life. That's the point, both compound interest and delaying gratification are interrelated, but they do could exist on their own. I think that is where OP missed the point, if we do sacrifice our present for the betterment of the future, we certainly should make a decision that strongly proved so, as an example, compounding our investment. One cannot blindly just simply delay their own gratification to get an acknowledgement of the investment outcome without doing the right thing.
|
|
|
|
XZERO1
Member
Offline
Activity: 518
Merit: 33
|
|
August 28, 2022, 12:21:53 PM |
|
~snip~
Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
You're comparing short-term trading to investments that usually take longer to work and give you some profit, I believe that's the proper mindset to be looking for long-term investments than the fast in and out trades hat barely work specially in bear markets like the market we're in right now. Bear markets are usually a great time to just find those perfect few project/coin/token that specially keep delivering and actually building something even in bear market when it's just mostly depression phase and most investors and traders don't even care as they don't the reflection of the work and development that is being done on the charts, it's the perfect time to invest because the trend is down and you can chill and slowly invest into projects without fomoing as they say at the top and be in a loss an hour later.
|
|
|
|
Cryptomultiplier (OP)
|
|
August 28, 2022, 06:11:24 PM |
|
I have read and followed the conversation from a point on, and have learned something noteworthy. Delayed gratification does not mean one should not treat him/her self to seemingly restricted satisfaction at the moment. By restricted I mean controlled expense. If investments are to be made or have been made, waiting for the maturity of such an investment might take a while, and as such one should not over spend beyond what is budgeted or under spend in that one suffers terribly all for sake of a future investment profit.
|
████████████████████ OrangeFren.com ████████████████████instant KYC-free exchange comparison████████████████████ Clearnet and onion available #kycfree + (prepaid Visa & Mastercard) ████████████████████
|
|
|
dothebeats
Legendary
Offline
Activity: 3808
Merit: 1355
|
|
August 28, 2022, 06:28:10 PM |
|
I have read and followed the conversation from a point on, and have learned something noteworthy. Delayed gratification does not mean one should not treat him/her self to seemingly restricted satisfaction at the moment. By restricted I mean controlled expense. If investments are to be made or have been made, waiting for the maturity of such an investment might take a while, and as such one should not over spend beyond what is budgeted or under spend in that one suffers terribly all for sake of a future investment profit.
You can always take a pinch, but do not overdo it as it will slowly eat at what you're building. Delayed gratification doesn't mean you'll be restricting yourself into everything that is good. You can still do something good for yourself but not to a point that it harms your investment. If you are someone who got his finances figured out, you will always have that bit of extra money left after everything has been allocated to where they need to, and you can actually use that to treat yourself. I do this every month, though not to the point of indulgence. Just something to reward myself, like a pat on the back, without breaking the bank too much.
|
|
|
|
BitcoinPanther
|
|
August 28, 2022, 07:01:26 PM |
|
Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
I do not think that delaying gratification or enjoyment will effect the outcome of our investment especially when we are talking about BTC investment. The BTC market is not affected whether we delay our enjoyment or not. So basically it is irrelevant. What I mean is the price of BTC which determine the success of your investment does not rely on what you do with your life.
|
|
|
|
so98nn
|
|
August 28, 2022, 07:59:15 PM |
|
Hmm. I think this is very personal decision or look out. Someone might enjoy living their life in today’s moment while on the other hand someone might just enjoy saving today and live the life afterwards. The problem is, current life expectancy isn’t that much to wait for the enjoyment to happen with your lives savings and retirement money plans. It’s more about how much one is living and laughing in the current moment. What do we learn from the lives that we lost in a war? Things can go crazy north and south in seconds of time, so it’s better to have perfect analysis and then start finalisation of budgets. Finance management is complicated stuff but it can kee us away from such thoughts.
|
|
|
|
South Park
|
|
September 03, 2022, 07:53:13 PM |
|
Hmm. I think this is very personal decision or look out. Someone might enjoy living their life in today’s moment while on the other hand someone might just enjoy saving today and live the life afterwards. The problem is, current life expectancy isn’t that much to wait for the enjoyment to happen with your lives savings and retirement money plans. It’s more about how much one is living and laughing in the current moment. What do we learn from the lives that we lost in a war? Things can go crazy north and south in seconds of time, so it’s better to have perfect analysis and then start finalisation of budgets. Finance management is complicated stuff but it can kee us away from such thoughts.
While it is true that this is a decision that each person needs to take on their own at the same time it is not really a 50-50 proposition, if given the chance most people are going to choose living in the moment rather than to plan for the future, and just to give you an example it is because of this tendency that governments have forced people to save a portion of their income in a retirement fund, and I can assure you that if governments did not do that the majority of the people will have to work until they die because they will not save a single penny for the future.
|
|
|
|
Majestic-milf
|
|
September 03, 2022, 09:01:26 PM |
|
Personally I think the actual effect of delayed gratification is that you tend to better appreciate what you spend on yourself when you start reaping the dividends. When you start up a business without an already laid out plan for how it would look like, there then is no zeal to get on with it.
For me, denying yourself some things while it's still young also tests your ability to be content. It's not like one would live beggardly all because he's prolonging gratification, but then at the end it becomes worth it.
|
| █▄ | R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ▀█ | THE #1 SOLANA CASINO | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | ........5,000+........ GAMES ......INSTANT...... WITHDRAWALS | ..........HUGE.......... REWARDS ............VIP............ PROGRAM | . PLAY NOW |
|
|
|
goaldigger
|
|
September 03, 2022, 09:37:07 PM |
|
Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
Investment can be more risky and unpredictable, but if you do practice delayed gratification it allows you to have more funds for your investments and probably, you can be more profitable in the future. Many are too optimistic about their investments which is pretty good, they believe that once they put money on the right investment, returns can happen. It’s good to practice delayed gratification, you will realize that you don’t actually need those material things just to be more happy, and when the right time comes for sure you can buy the things you really wanted, usually it takes time but its worth it.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | │ | | │ | | BK8? | | | █▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . PLAY NOW | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
|
|
|
crzy
|
|
September 03, 2022, 09:49:19 PM |
|
Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
I do not think that delaying gratification or enjoyment will effect the outcome of our investment especially when we are talking about BTC investment. The BTC market is not affected whether we delay our enjoyment or not. So basically it is irrelevant. What I mean is the price of BTC which determine the success of your investment does not rely on what you do with your life. It may not affect directly with the market of Bitcoin, but once you do delayed gratification if can give you some funds meant for Bitcoin investment instead of spending it right away, it can increase your holdings and probably once the market recovers, you can get more profit. Delayed gratification means not spending that much on your wants, instead you put the money on a investment asset where you can generate profit, and with Bitcoin it’s also possible to happen.
|
|
|
|
|