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Understanding the basics of cryptocurrency
How to store cryptocurrency securely
Risks and benefits of investing in cryptocurrency
BEHAVIOUR
- Doing well with money has a little to do with how smart you are and a lot to do with how you behave. And behavior is hard to teach, even to really smart people.
- Every decision people make with money is justified by taking the information they have at the moment and pugging it into their unique mental model of how the world works.
146
1.48K reads
MORE IDEAS ON THIS
Investment Related
- Have a six month emergency fund and save 10% of your salary.
- The ability to stick around for a long time, without wiping or being forced to give up is what makes the biggest difference.
- Your success as an investor will be determined by how you respond to punctuated moments of...
183
1.32K reads
Paradox
People tend to want wealth to signal to others that they should be liked and admired. But in reality those other people often bypass admiring you, not because they don't think wealth is admirable, but because they use your wealth as a benchmark for their own desire to be liked and admired.
141
1.29K reads
CURATED FROM
IDEAS CURATED BY
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Other curated ideas on this topic:
Money = Behaviour
Doing well with money is not necessarily about what you know, but about how you behave. Is what Morgan Housel explores in his popular book, where he shares 19 stories that explore the behavioral aspects of personal finance.
To Note:
- Financial success is n...
Mental models and learning
A mental model is a mental, simplified depiction of how something works. It influences our perception, decisions, and behavior.
Learning means upgrading your mental models. The more models you have — the bigger your toolbox — the more likely you ar...
Guardian
- Guardian is like a "model of fairness who preserves the health, balance, and values of the organization."
- These people have a very wide source of knowledge and inspiration
- They have a fact-checked process of decision making a...
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