In my post last week, I mentioned that I was working on an investing course. I’m glad to say that it’s now done! How to Invest Long-Term in Bitcoin is a course that teaches you how to invest with a long-term view in Bitcoin.
In investing, there is something called rebalancing your portfolio. A portfolio has different asset classes in it (such as stocks, bonds, and cash), and there is a particular allocation that best serves your financial goals. Over time, however, your portfolio might go out of balance. One asset class might outweigh the others because its price increases rapidly. The allocation will then deviate from its ideal.
Do you want to live your life to the fullest? If you do, then there is a big obstacle that you need to overcome. That obstacle is fear, and among the different kinds of fear, a major one is a fear of failure. Imagine putting a lot of effort into something but it doesn’t work. What you get in return is nowhere near your expectations. It wouldn’t feel good, would it?
A while back, I read Grinding It Out. It tells the fascinating story of how Ray Kroc built McDonald’s. One interesting thing is that he only started building McDonald’s when he was already 52! You might think that at that age someone’s ‘golden age’ has passed; they wouldn’t build something new, let alone something big. But the story of Ray Kroc proves otherwise. It proves that it’s never too late to build something big in your life.