Journal Of Small Musings

About Journal Of Small Musings

You, me and everyone else, Can change the world with a little help

Publisher

Apoorv Bedmutha

Category

education

Language

en

Explicit

No

First episode

16 Nov 2020

Latest episode

17 Nov 2021

Latest episodes

20 episodes in the feed.

1. 

   17 Nov 2021

   My Crypto Investment Experience : What I learnt in 6 months

   #podcast #crypto #investment Hello and welcome back to another episode of Journal Of Small Musings, A podcast that generally moves around career, productivity, philosophy and almost everything else. Since the start of 2021, Crypto has been one of the most trending topics So I decided to share my experience and how I invest in cryptocurrency. Here I'm going to discuss this from a layman's standpoint that means, the way I invest does not need you to have any special knowledge regarding cryptocurrency or blockchain or anything else. I'm not a financial advisor nor a millionaire but what I am saying is these are a few things that I followed which provided me with better results. So since the July of this year, I had been keeping track of my crypto investments and I had been successful in achieving at least 12% profit per annum. and I'm happy with it. I'll first discuss different things that I learned through out the process. because I literally had zero experience in investment at that point. First and the most important: Understand what you can afford and this will save your ass on a long long scale. now let me elaborate We all have heard the stories of way too many people getting homeless just cause they did a wrong investment. Do you why that happens? It's because they do not know what they can afford. for example you have 100% of your monthly income. Now in my case, I try to reserve 30% of my income for saving and investment. That means I have 70% of my monthly income for my daily needs. now assume I have multiple options for investment or savings It might be a Provident fund, A mutual fund, Crypto, Fixed deposit etc. Let's consider only these 4 for now. There will always be 1 compulsory section in savings which is liquid cash for emergency cases. that means in total you have 5 sections. now we will divide the 30% that we are using for savings equally into these options. that means each will get 6% of your monthly income. This is what you can afford to invest in crypto. This way even If you lose all of it, you're never in a bad situation. The second thing is to start small. my first crypto investment was 100 rupees. because you are trying to understand the market, understand the tendency of the coin, its behaviour Crypto Investment will always be a game of who makes the best guess and to make the best guess you will need to understand the game that you are playing. Third point Our aim is to consistently grow with having a balance between risk and profit. The way I invest is not for someone who wants to become a millionaire quick. Our aim here is to increase the value of our investments with the least no. of losses. Results will take time, we are trying to grow gradually on a long run. Fourth point You need to be okay with losing everything you invested. The moment you will unfazed by the growing and falling of your portfolio will be the moment when you will stop taken decisions based on your emotions. Remember it's just maths and they are just numbers If you start getting attached to your crypto investments. then the market will start affecting your real-life decisions. Fifth point You need to trust the process that I am going to teach. until and unless you don't trust it, you will not have patience enough for it to work. Sixth point Keep track of your progress in as many ways as possible, I myself keep track of my crypto investments with respect to each month so that It gives me enough time to study my investments, the behaviour of coins. You need to work up an action plan based on actual figures not just on what you feel about the coin. I guess this is enough for the first part of this video. Regarding the strategy, I'll share it in the next part which will be released next Friday !!! So don't forget to tune in again next Friday. until then, keep hustling. Bye Background Music: Pomegranate Instrumental - Kota The Friend ( https://www.youtube.com/watch?v=EoEBMf6lilU ) Find this episode on Spotify: https://o

2. 

   29 Oct 2021

   What makes your dream important | Episode 20

   Hello and welcome back to another episode of journal of small musings, a place where I talk about stuff that might give us a different perspective on things, So last week I asked a bunch of people a very simple question "what is your dream?" and there were many cool answers So i thought I'd give my opinion on why dreams are important, To me I do not see my dream as an end goal but rather as a checkpoint or milestone that leads to my next dream, A few of you may disagree that when you look at it that way, you'll always be in pursuit of something or the other, I do not see what's wrong with that, being in pursuit of something does provide us with a purpose, and when you have a purpose or goal, it gives you a feeling that whatever you are doing is important, which I see very crucial in a long run, always having a goal to achieve keeps your mind busy, gives your conscious stimulus, keeps it active, and saves you from depression. So rather than looking at dreams as an end goal maybe dreams are stepping stones to your next dream, There's a concept in japan, that means always having a reason to wake up, if you have no reason you'll soon be bored with life, everyday will start looking the same, and eventually pointless. Another thing is having big dreams, Having big dreams is a really good and ambitious thing, but never forget to break down bigger task into smaller milestones, Since your dream is big at some point it will be hard to navigate whether you are moving in the right direction or not, breaking down your dream into checkpoints will help you to track your progress, give you an understanding of your strengths and rectify your mistakes. You cannot build pyramids without planning the architecture of each floor, In most cases large dreams are time consuming, so having checkpoints motive you instead of making you overwhelmed with work. have big dreams, but chase your checkpoints. and last but not least, if you are waiting to be happy when you complete your dream, you'll never be happy, because the feeling of happiness of completing a task does fade away and then you are left without a purpose. I'd advice you be happy in the pursuit, enjoy it, having a dream is utility, pursuit is consistent. I guess that's all from my side, Don't forget to like, share, subscribe You guys know the routine. keep hustling and take care, Bye. Background Music : https://youtu.be/eaWwRG9Ns4Y Find this episode on Spotify: https://open.spotify.com/show/7emnb0v... Find this episode on Apple Podcasts: https://podcasts.apple.com/fm/podcast...

3. 

   29 Sept 2021

   What is Abstraction and How it can benefit you? | Episode 19

   Hello Hello Hello ! Welcome back to another episode of Journal of Small Musings with yours truly, Now before we get this conversation started, Let me give you some background about the word abstraction. It's a common concept that is used in various places from technology to marketing to education even by the government. to put it simply Abstraction is only providing yourself or the target audience with information that they need to know. For example, If you are selling a Car you'll tell the buyer about how he could drive the car, how can he use different features not how we made the car or what type of nuts and bolts we have used to fix the chassis. If you are an introvert, you certainly do not like people knowing too much about you. Even if you are not, you certainly know the situation when you try to explain something to someone and end up making it even complex. We have all been in those places and it either becomes awkward or disappointing. I had the same problem so there are a few techniques that I had employed that worked for me. 1. thinking before talking, if possible writing stuff down Social interaction is really not my prime and I always end saying something awful. These days I try to frame my sentences in my head before I speak, It seems like a really simple technique but believe me it works. If I have a meeting or presentation, writing down points that I want to focus on keeps me on track. So rather than freestyling I'd suggest you keep it short but to the point. 2. Keep a small close circle Too many heads always make a mess trust me. There are 2 types of friends one are the normal friends and others are the ones who you can trust with your life. Keeping the circle small is far more helpful. You have people to talk too, people who won't judge you or your actions no matter what plus keeping a secret is far more easier. 3. talking about relevant stuff with relevant people Nobody likes people who beat around the bush, especially people who value their time as well as letting toxic people know unnecessary insights about your life may create problems. To keep it precise, Let them know what you want them to know. Well, these are a few things that I advise, I might make another episode on abstraction down the line. I feel there's a lot more to be discussed but today is not the day. I guess that's it, Anyway Like, Subscribe, and Share if possible. I'm thinking about buying a camera with my youtube money. To make better videos. So do your bit. Keep Hustling. FInd this episode on Spotify: https://open.spotify.com/show/7emnb0vklTayhxVgD0DINm FInd this episode on Apple Podcasts: https://podcasts.apple.com/fm/podcast/journal-of-small-musings/id1535693225 Music used in the video: https://youtu.be/SMyXFWetvDU

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