RE: Trickles of Transcendence (Episode 4) by honeydue

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story · @honeydue · Dec 20 '21

$1.10

I think this was the crypto post you mentioned writing. I was looking for this, but it seems I missed it, somehow. 
> You need only to remember two things to be fairly successful – buy LOW and sell HIGH, which typically means: 1. Buy when the herd is selling; and 2. Sell when the herd is buying. 

So definitely taking that advice to heart.

> What are you reading? 

Have you read Yoko Ogawa's "The Memory Police"? :) I think you might like it. Would you say it's easier to listen to Dostoievski than read him? I've always wanted to get into that, but it's always seemed daunting.

> My buddy, Juan (@luckyfellow), and I just booked our Airbnb for our Montreal stay next summer and I intend on using the last few weeks of this year to plan out a few other getaways for 2022. 

I seem to remember this is a tradition for you guys, right? I'm so glad to see it's still going. I hope you have enough adventures in 2022 to make up for the past couple of years, Eric. And I hope you have a great Christmas <3

👍 ericvancewalton

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@ericvancewalton · Dec 20 '21 (edited)

$0.02

It's easier said than done (including myself). Greed always tries to kick in and makes us hold off "just a little longer" for a higher price and we end up being a bag holder as prices drop. Selling little bits as the market rises once you're in profit territory is the easiest way to reap profit. You can even set automatic tiered sells on exchanges at certain prices. 

I've never read "The Memory Police" but will look it up. I find Dostoyevsky's work easier to listen to than to read. The writing is so formal compared to today's authors but it has a certain charm. I'm three chapters in now and it didn't grab me until the second chapter but now I'm hooked. I'd highly suggest the version available on Audible. 

Yes, we've done our buddy trip now since 2000 and have only missed two years, I think. We have some crazy/fun memories from those two decades of experiences. We always laugh about the first year we went to Chicago. We were both so poor that we had $160 between us for four days in a fairly expensive city. We ate Subway sandwiches for lunch a dinner for most of those days but ended up have a really good time. Thank you so much @honeydue. Merry Christmas to you and your family!  I wish you an amazing 2022 as well.

👍 honeydue

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@honeydue · Dec 22 '21

$2.55

> Selling little bits as the market rises once you're in profit territory is the easiest way to reap profit. 

Yes, a friend advised me to do that at the beginning of the year, and so I've tried to take that advice to heart, as the markets got higher. 

>I'm three chapters in now and it didn't grab me until the second chapter but now I'm hooked.

I actually love this sort of recommendation, since it makes you wanna stick to the story. Thank you!

> We were both so poor that we had $160 between us for four days in a fairly expensive city. 

that's precious - I'm sure it reminds you still that it's not so much the money or the expensive, fancy dinners/accommodations that matter, huh? I've met a lot of people who regard traveling as a "rich people thing", but I don't think it has to be. Obviously, not worrying over it has its benefits, but it just seems to me it's a matter of priorities, in what you choose to spend on.

Thank you <3

👍 ericvancewalton

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@ericvancewalton · Dec 24 '21

Dollar cost averaging really takes some of the stress out of investing. I'm so happy I started using this strategy. 

I would say travel is as important as a university education, maybe more so. Traveling on a budget is the best way to go IMO because it forces you to use your creativity and usually always equates to a more memorable trip. Oh, the stories we have from traveling on a shoe string budget!  Like anything else it's not expensive if you save/budget for it.

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