Quick decisions are unsafe decisions. (Sophocles)

in sophocles •  3 years ago 

Have you ever seen a YouTube video about crypto, or maybe read about a certain altcoin, only to jump in and spend some hundred dollars on the project? Maybe you were in luck and it mooned, or maybe you didn't really spend your money in a wise way?

There are times when you just have to take the risk and take it quickly. "Whenever there is a 10% chance to reach a 100x profit, take it!" Those are the words of Jeff Bezos, and sometimes, to catch that train, you just need to jump in and hope that it will take you to the destination you dreamt of.

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But still, it isn't a safe decision when you haven't had time to do thorough research and to pray and to really have time to ponder upon it at first. Sometimes, you need to move quickly, but the general advice is to spend some time thinking and asking for advice, before you move.

Don't wait too much either...

Then you have those people who just think and think and never act. That is almost worse, and it will for sure not bring any fruit or success at all. People hide behind a sacred look in which they pretend to think, but the truth is, they are only afraid to act.

Skip that part! You need to find a healthy middleway that will take you to a great destination, and where you will feel safe as well. We have often seen people borrowing money from evil money-lenders in movies, and they are unable to sleep at night because of the loan, and in the end, the loan shark comes to kill them. That isn't a good decision either. You need to be wise and make smart decisions. If needed, ask someone that you trust and who has more experience than you on the subject!

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