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Understanding the basics of cryptocurrency
How to store cryptocurrency securely
Risks and benefits of investing in cryptocurrency
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
MORE IDEAS ON THIS
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 t...
146
1.48K reads
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
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Other curated ideas on this topic:
Man in the Car Paradox
No one is impressed with your possessions as much as you are.
People tend to want wealth to signal to others that they want to 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 t...
It's not a personality thing
- Some people think that the less conscientious tend to run late, but research doesn't back that up.
- Some think optimistic people might not consider potential delays. Again, little research to confirm this.
- Being time urgent is a characteristic of people with type A personaliti...
The Social Benefits Of The Things We Buy
When purchasing a new flashy phone or car, we tend to overestimate its social benefits and think that we would be admired.
Most people who notice the nice stuff are imagining it having themselves, not giving you any importance because you own it. Buy stuff for yourself, no...
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