Quote from: alfaalfa on July 09, 2017, 04:26:59 AM

Quote from: R-J-F on July 08, 2017, 06:42:01 PM

Quote from: MiningHabit on July 07, 2017, 05:06:53 AM

Quote from: alfaalfa on July 04, 2017, 08:01:22 AM

Even now I have trouble sleeping. But that is only because of me. Now I know when I will make a big investment, I will have to wait and see how the market goes. I bought because I researched this coin and I find it a good one. They have a different approach and a good plan. I plan on holding and staking.... I watch the market 24/7 with little time to sleep. I hope on finding time to adjust things so that I can sleep and go outside more.

I should have waited until this post to throw out my Caceres advice above.

Watching markets 24/7...having trouble sleeping....this is no recipe for happy holding. Trust me, I live this reality myself with my own technology startup that I work for and have invested deeply into (far more than I can afford to lose). I spend 24/7 doing exactly what you mention, not sleeping, anxiously stressing, wondering about every market machination....I promise myself that I'll never be in this position again.

And crypto gives me a chance to prove that declaration. Hold. Hold some more. And then hold longer than that. I realize I, and no one else controls how I emotionally feel about those previous 10 words. I can hold and hold, and that understanding of the long term value here means that nobody can tell me how to feel about holding through short term market movements.

I deeply implore you, don't stay up thinking of the market. You might lose your whole investment. Don't kid yourself. If you study the great Bell Labs mathematician John Kelly and his "Kelly Criterion"...the risk of ruin in the crypto space is nontrivial. You can go bust, very easily. Because it's very very hard to make bets in a completely Kelly compatible way.

Literally the only way to combat this is to bet with money you can completely lose, and divorce yourself from market movements in the short term. Because it's almost impossible to make bets with 0 risk of ruin, which is what being Kelly compatible means.

I have not bet this way with my technology startup, and it eats me alive inside. I wont ever make this same emotional mistake again, and that has started with crypto investing.

Basically, I agree with you about only betting money you can't afford to loose but, on the other hand, if that were the only accepted formula, this industry and all that goes along with it, would not exist. Sometimes, we need to follow up on that "wild ass guess" or hunch that has been eating at us wither we can afford it or not. Many of histories greats could not afford to loose what they invested but, they ultimately prevailed. Each individual has to access their exposure and ability to absorb a lose before turning the cards over. Many have weighed loosing their money against loosing their mind. Sometimes, it's worth placing the bet just to keep your sanity, win or loose. Don't take this as advise by any means but, risk creates wealth not safe harbor.

Thank you guys, great answers. And yes, risk creates wealth, so I am willing to all in in crypto. We don't know what can happen from here, just like we didn't know what internet was no so long ago. In my opinion, this is a revolution far greater than we can imagine. A revolution that is happening faster and faster. Somewhere, hopefully in the near future, we will look back and say "I am happy to be a part of this".

Thank you, alfaalfa. I am delighted that you are seeing that opportunities are not without risk. There is always the risk of not succeeding as a result of uncontrollable factors, inherent to our industry; and there are many, including the fact that a decentralized organization such as a digital currency is leaderless.

DNotes' business model is uniquely different. DNotes as a digital currency, by itself is leaderless, just like any other digital currency. The issuance and the governance of the currency is decentralized. The value of the currency is entirely left alone at the mercy or benefit of free market forces. As we all know, price wise, there are good days, as well as bad days totally beyond our control.

We recognized the faults or pitfall of such a structure. Apparently, most people still don't get it. DNotes Global, Inc. a for profit company, incorporated in the state of Delaware, USA will make a huge difference and go a lone way in the success of DNotes. It's mission is to protect and promote the best interest of DNotes and our stakeholders with the best leadership along with the best use of resources at our disposal. And our stakeholders own 25% of this company as a gift from our generous founding investors. Additionally, I spent a whole year writing a great business book, invested a significant amount money, and granted 100% royalty free rights to DNotes Global. Unfortunately, most people are inherently dismissive. Perhaps a year or two from now, some would wonder and ask, "It was so obvious, how could I have missed the opportunity to invest in DNotes?"