How do we never regret a trade again when we lose money, miss a cryptocurrency pumping, and sell our Bitcoin or altcoins early on Coinbase, Bittrex, Bitstamp, or Poloniex? The trick is realizing that as long as we are playing any game in life, losing is certain and winning happens more often when we learn from our mistakes which eliminates the need to regret them. In an epic loss which looked like a win at the time, I bought a Dash masternode for $11,000 when Dash was at $11 each in December 2016. For the next several months, I promoted Dash everywhere including having budget proposals funded and showing ads to millions of us interested in digital currencies on Facebook and YouTube. When the price started to drop at the same time as criticism rolled in over my videos and new budget proposals, I sold out at $87 Dash giving me a profit in just a few months of over $75,000 which was enough for me to run my business nearly all year. Now in January 2018 the Dash price is $980 today meaning my Dash masternode would now be worth $980,000 which equals a "loss" of nearly $900,000 from selling early in addition to all the budget proposals that might have been funded and masternode payments.
Today I do not regret this decision because it helped me not do the same thing again on Steem just a few months later. When I joined Steem at https://steemit.com/@jerrybanfield almost the exact same thing happened with Dash. The initial momentum, huge price pump, and relentless positive feedback flipped into price drop and a wave of criticism and downvotes. I was ready to sell out again including taking another huge profit of about the same as with Dash. This time I remembered what I learned from selling out in Dash and held on through "The Dip."
A few months after "The Dip" on Steem, today my account is worth about $300,000 at https://steemit.com/@jerrybanfield/transfers. Selling my Dash masternode early allowed me to not do the same thing again with Steem and also helps me look at my beliefs. When we believe we have enough today, whatever we have is enough. When we feel life has not given us what we deserve and we are not good enough, no amount of money, power, or respect will satisfy us. $300,000 worth of Steem today is absolutely enough and it is impossible for me to regret not having a million dollars worth of Dash with the chosen belief that what I have in Steem is plenty.
While none of us can make any system in life that will guarantee winning all the time because we are certain to take the ultimate loss in death, we can chose to live a life without regrets today which frees us from the need to criticise what we did in the past and instead shows us the past is a set of tools we can learn from to live better today. A set of tools to live better today means no regrets.
Thank you for watching this video with us today! If you found anything in it helpful, would you please leave a like on the video because that will help more of us find it? If you would like to recommend future videos for me to make, would you please leave a comment because this will help me pick the topic for the next video?