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Every Day Is Saturday Podcast For Motivation, Inspiration And Success

Motivational Minute: Keeping Emotions In Check

Every Day Is Saturday Podcast For Motivation, Inspiration And Success

Self Improvement Coach Sam Crowley

Society & Culture, Entrepreneurship, Business, Self-improvement, Education

4.81K Ratings

🗓️ 18 June 2022

⏱️ 3 minutes

🧾️ Download transcript

Summary

Transcript

Click on a timestamp to play from that location

0:00.0

it's the motivation minute 60 seconds of awesome saw starting right now you know

0:06.7

a lot of times we let emotions rule us and look I'm a big emotion guy yeah

0:10.3

obviously I have this podcast I'm high energy I don't think I'm high emotion I'm

0:14.3

high energy but I love emotion you know I'm not I'm not just some zombie you know

0:19.9

some android walking around but boy you really got to make sure those emotions stay

0:25.2

in check I'll give you an example Bitcoin is down well it's down to close

0:29.7

yesterday at 19,000 at one time and I think just six months ago it was it

0:35.6

what was it like well put it this way it's down 60 percent it was around 60

0:41.6

thousand 60 thousand now it's at 19,000 and people are still selling now I don't

0:47.1

know Bitcoin micro to zero I'm not an investor this is not stock advice but I

0:51.2

used to be in the investing game I was a stockbroker for a couple of years I

0:53.8

can't tell you how many times I'd get client calls sell sell sell why it's

0:57.0

going down why would you want to sell it it's going down you're only losing

0:59.9

money on paper you know what you should do it's called averaging down go by more

1:03.9

at the lower level someone it goes back up you will more at a lower average cost

1:09.3

but people won't do that it doesn't make sense why because the rest of the people

1:12.1

are selling it's what we talk about all the time you're following the masses

1:14.7

everybody sells sell sell now Bitcoin like I said may go to zero might go to

1:18.5

100,000 I don't know all I know is it's 100% emotion in the stock market

1:24.0

especially stocks go up and down strictly based on emotion the savvy

1:28.7

investors stay the course they buy more they zig one other people's ag that my

1:34.0

friend is how you play the game you're in it for the long haul whatever you're

...

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