A Great Investor Has Sound, Tested and Closely-Followed Principles

In all my talks about how to be a great investor, this is far and away the most widely applicable and most important part of being a great investor - Creating systems and decision-making "algorithms" that help you with hard decisions, especially about when and how to buy and sell.

In terms of crypto, just look at how volatile these markets are... Steem is @ $1.30 1 day and $1.60 another day only to be $1.35 again 2 days later... Those are pretty large swings in a short period of time, and if you're smart about the way you invest, there's a decent chance that you can make a solid profit on these.

But you won't make a solid profit by any means if you're slacking off and making emotional decisions. You have to play by your own rules, so to speak.

You have to test your different theories and strategies for making money constantly in spreadsheets.

You have to be continuously looking for the "edge" of your strategy. If you're not looking forward, then you're looking backward.

Investing is also a constantly developing area. Just when you think you've got it all figured out, the market will kick you in the butt and show you that you have know idea.

That's the fun of investing as I'm sure a sailor loves the sea for it's unpredictability and adventurous nature. That's the equivalent of investing, at least to me. I love the unpredictability and the challenge of it all.

I love being able to come back to my spreadsheets day after day to check up on my strategies and see how they're performing and how I can make them better the next round.

That's the fun of investing: improving. It's truly a gift and an honor to be able to invest full time and always be learning new strategies!! I hope some of you can share in the joy some day!!!