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RE: How to Use The Scientific Method to Solve Any Problem.. Like Investing In Cryptocurrencies!
I recall learning the Scientific Method in high school. It made sense then and it makes sense now!
I know a lot of people getting into crypto currency and they invest based solely on market cap and performance. They don't examine the underlying technology and value the platform the coin supports brings to the world. Not examining these things will likely bring failure to them. For example, Ethereum makes a lot of sense as a technology and will change the world. That is why it went up!
Thanks for this lesson. A great and timely reminder to follow the Scientific Method!
I totally agree, there’s an exorbitant number of “investors” who walk into the crypto world and chase FOMO and FUD and price action, technical this and technical that, but they have very little or even nonexistent knowledge of how the underlying technology works or how it can bring value to the world. These “investors” are the reason why many outsiders look at crypto like it’s a bubble - it looks similar to the dot com boom where investors are just dumping money in without knowing what they’re even supporting... thanks for reading and supporting and as always, it’s great to hear your thoughts! 🙏🏽
Further thanks to you for recommending Blocktrades for Steem Power delegation. I just purchased 2200 SP for 90 days and will get it within the next two weeks. You pointed me to the article about approx. when they would have the delegations available again so I seized the opportunity. I don't have a huge amount of crypto value yet, but I looked at all the investments I could make and I realized the greatest investment I could make is in myself and the Steemit community.
Your posts are helping me a lot!
That's awesome! I'm glad to hear you were able to get an order in!! Those delegations sold out fast... And now they've closed pre-orders again due to high demand 🙀. You won't be disappointed with your investment, it will pay off in spades! I'm glad I could help you out, if there's more I can do, don't hesitate to ask! Your support helps me out more than you know @sequentialvibe, and it's always great to see you here! ❤️