Are You Mentally Prepared For Abundance?
@taskmaster4450 had this delightful question to ask in one of his posts and to be honest did that completely catch me off guard? To be completely honest not everyone understands what abundance is, abundance is the stage of plenty when it comes to financial capabilities.
At many point in time, some iregular gamblers or lottery players becomes billionaires by luck and handling their "new status" is what they eventually find very difficult and because of their incapabilities they end up back in poverty because handling wealth needs one to be mentally prepared.
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Becoming wealthy is very easy, apart from just buying a lottery ticket a person can now buy thousands of shitcoin and have then do 50,000x in a space of 6 months that would eventually put that person in a new amazing status or position of wealth which of course seems "too good to be true" When things becomes too good to be true, it becomes difficult to handle, this is why it's easier to become rich but difficult to stay rich.
In 2017 many people obviously handled the bull run rather errorneously, that was the first time a lot of people saw real wealth, had the opportunity to be exposed to smart money, moons, bull and more money. This can be absolutely be overwhelming.
When real money comes real problems and necessities begins to suffice and this is where people needs to develop real financial constraints. Financial constraints don't mean meagreness, it simply means spending with a purpose, for the right thing and the right proportion.
One thing I have learnt about being rich is that a lot of people are overwhelmed; they understand that they need to invest, they are also torn between lavishing these money, they're are also lost with what to eventually invest in and that is why it's terrible and a bad idea to suddenly become rich without having the right financial education.
To me, staying wealthy is being diversified into many other opportunities; crypto has given people the grounds to be diversified. To someone like me, I have lost faith in a fiat currency such as the naira. Decentralised finance is something that would go really far.
Since 2017 I have understood that being mentally prepared for abundance is having the constraints to soak up wealth as it comes, sometimes we don't plan for wealth and they inadvertently come, being everly prepared to channel money into the right prospect at any point in time is a part of being mentally prepared. With building wealth with crypto it's all about stacking and having the right confidence to continuously do so.
Some people give in to FUD when they're invested and it keeps going south, someone sometimes ago bought pizza with 10 BTC, this was living in prospective abundance but completely indisciplined. We need discipline to stay on course.
We need to do our research and stay invested in the things we believe in whether it's currently doing badly or not. Truth is, no one eventually know what will happen in the future, but it's not just about being able to stay wealthy, it's about being alert to recognise the countless opportunities on the internet that can change your finances in the future. Many people will lose faith on the opportunities in front of them and this will become a thing of regret for them in the future.
Thinking long-term also is preparing for abundance. When people take the opportunity to build long-term they're already aware of what gets involved and this way, they're laying the foundation. It's important to understand that building, researching and investing. This way when the time for abundance comes, it'll fully impact us as it is impacting others who have built during the rainy days.
Interested in some more of my works?
Ode To Endless Belle (An Original Poetry)
Why "Value Quota System" Will Determine Who Is Rich Or Poor In The Future
The Art Of Pricing & The Variables That Has Made It Impossible In The Current Market
Being Receipients Of Criticism; Understanding Judgementalism From An Objective Point Of Way
The Diverse Learning Opportunities Which We're Afforded In Our Different Life Races.
My name is @Josediccus, a young Nigerian student who is a Vlogger, A Psychologist, Poet And Sports Writer/Analyst. I'm using my contents as a process to create shared meaning as well as create expressions through which people on/off hive can relate. I believe content is a process to be enjoyed and relished and I'm up for any collaborations in my field stated above. Cheers
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I am currently trying to mentally prepare myself for life changing events in Crypto. Want to build long term and sustainable assets that could benefit me for years to come and side by side helping others to do the same.
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Thank you for the comment, im getting ready, I think im almost prepared.
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All the best bro. Let's do it.
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Like I commented on Taskmaster's yesterday the real test comes to play when one finds his or herself in such situation.
It is good posts of this topic are being shared to give ourselves personal interrogation and preparedness for abundance when it eventually come our way.
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I totally found myself in this situation in 2017 and honestly did I mess it up? I certainly did I think it takes a whole lot to actually understand. Being in that position is also actually the real deal, sometimes we talk but being faced with th situation is the real deal
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It is very difficult to change one's ways. We often think that the wealthy behave poorly because they do not understand the struggles of the poor. The reverse is also true. The poor do not understand the struggles of the wealthy. It requires intelligence and diligence to protect your capital from loss. It is too easy to lose money by mismanagement, bad habits, or parasitic friends and family. It is a big responsibility to properly manage money. This is something that we have to learn to do in order to keep and grow that wealth. It is only after having mastered this that we can begin to learn how to responsibly share that abundance.
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Lovely perspective, well Irrespective of whatever we think of the poor or rich I think at one point in time we need finacial Constraint to curb our excesses when it comes to money. It takes time like you said. The time of abundance can be really trickish.
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Interesting points raised here. I think that I personally will have to adjust my mindset to be able to HODL for long enough to reach a point of abundance. I think that we will all be in a good position if we continue working at this, I just hope we can learn to be responsible with the impending power as individuals.
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Truth is, it's a difficult thing to hodl especially when you have need and wants to solve them rather quickly. It takes s lot of adjusting to be able to hodl
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Still haven't reached that point yet. I hope that I will. I agree it is a big mental shift
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I am mentally prepared and quite aware at the same time that I haven't performed as I should this bull market. We're not in the euphoria phase, hence there's still time for massive profits.
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The time for massive profits isn't even here, we are not yet "in the thick of things" but I believe we have been making preparations hence we're getting ready.
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