The quote of Henry Ford
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” This was one of Henry Ford’s essential words. I value honest people the most in life. Unfortunately, this is the period when people need financial literacy the most. But people need to do this with their mathematics. They should only do this by writing in their diary or notebook without listening to anyone, taking small profits in the safest instrument, or investing in an investment instrument that sprouts precisely according to the market cycle.
Of course, everyone is asking what to invest in right now. Every investment instrument has pros and cons, but the real question is how to invest. An investor who understands financial psychology well collects his losses has hopes and dreams and can act independently.
A little from the middle of the book
While Microstrategy was buying Bitcoin at a low price, everyone thought they probably didn’tdon’t understand; Microstrategy bought a large amount of Bitcoin. We call this the market cycle. If it gradually collects the product at a low price, it can sell it at a high price. There is also the sellers part of the business. Those who sell the company look at the profit on the weekly chart. The market distributes the money it gives you in leveraged transactions with high debt ratios, that is, the money of people who enter with leverage ratios. Therefore, your psychology is everything. In the future of economies, if a product is a vital instrument, it is bought low and sold high. And this product should be at a point where it will not make you lose.
Albert Einstein said, “Compound interest is the eighth wonder of the world. He who understands it earns it … he who doesn’t… pays it.” Therefore, we should follow the path of science and mathematics in life and trust our analytical intelligence. Even if artificial intelligence emerges, we should not lose our analytical thinking.
Fear of artificial intelligence
Everyone is afraid of artificial intelligence. Fear of missing out has surrounded the world. Using Chatgpt like Google is an option; investing in artificial intelligence companies “from the right points” is an option, but isn’t the most logical thing to stop and ask what this artificial intelligence is? People use Instagram to transfer their data. We all train artificial intelligence every day with the data we give them, but which of us really looks at it on an analytical level?
The most important thing we can do in this period when money, even the banking system, is becoming digital, and people are losing their analytical skills, is to calm down and question. Racism is spreading, and financial systems are changing, but human emotions are not changing: to achieve more. If you want to achieve more, understand emotions and psychology and understand life.
