MyGoals1

Forum Replies Created

Viewing 7 posts - 31 through 37 (of 37 total)
  • Author
    Posts
  • in reply to: Bitcoin, baby! #1500
    MyGoals1
    Participant

      Google, “net-positions-of-cme-bitcoin-futures-by-trader-category-weekly”. For some reason, I can’t post the link here. The hedge funds are short-selling bitcoin future, which means that they’re betting that the price is going to fall, and bubble is going to burst soon.

      Same as Gamestop, these short-selling by hedge funds moves market price a lot, and leads speculators to believe that they should be investing when they should not.

      in reply to: Bitcoin, baby! #1495
      MyGoals1
      Participant

        As a finance major/young professional, betting on bitcoin is a gamble to me. The fundamental of valuing securities/companies/ anything comes from the future cash flows discounted back to today’s value. Since bitcoin doesn’t guarantee future cash flows like bonds or derive its value from assets like stocks/companies, any movement in bitcoin price is based on people’s speculation.

        Maybe in 100 or 50 years, we’d get rid of paper/fiat currency and move to cryptocurrency. But, I am not willing to participate in that gamble.. yet

        in reply to: Self-discipline #1494
        MyGoals1
        Participant

          Hi, Sam! I think self-discipline comes with goal/goals in mind. Let’s say, you want to get A in one of your hardest classes. There’d be many times you feel like studying or you’d rather do something more fun like binging on your favorite show or scrolling through internet. But, if you are determined to achieve your goal, you wouldn’t be netflix-ing and sitting there doing nothing. Because you want to achieve your goal, you’d be self-disciplined. So, I think you should figure out/contemplate your why first.

          in reply to: The Gift of Coronavirus #760
          MyGoals1
          Participant

            I think this quarantine makes people go through an emotional rollercoaster.
            Until this July, I was doing pretty fine. But, at the moment, I feel a bit depressed because I don’t know whether if I’d stay sane for another year.

            in reply to: Body Goal #758
            MyGoals1
            Participant

              I am not trying to lose weight per se, but I would like to become more fit or improve my endurance and feel stronger 🙂

              in reply to: Bodybuilding Diet #757
              MyGoals1
              Participant

                Diet usually never works over the long-term, at least for me. I end up binging on the food I restricted for a while 😐

                in reply to: Introduce Yourself! #198
                MyGoals1
                Participant

                  Hello,

                  I heard about LifeSuccessEngine from my friend. On a scale of 1 to 10, I’d rate my happiness with my current life success at 7. I accomplished some of the major goals that I set for myself since growing up, but I still have a long way to go.

                  My current top three goals would be achieving financial stability, establishing my career, and becoming a better partner.

                  I have been or I see myself as ‘socially awkward’ around other people. I wish I had more social skills and could have utilized them to get what I want in life (e.g more close friends and career opportunities).

                  Lastly, most advice on self-help seems to be a bit vague. More specific tools and techniques in achieving success and reaching goals would be really helpful 🙂

                Viewing 7 posts - 31 through 37 (of 37 total)