Yes, writing at Publish0x can teach you some fine investing lessons. Here are three uncanny commonalities I found between Publish0x writing and investing.

1) I can time neither the market nor reader response

I’m sure my fellow authors will agree with me. You can just put your best work out there and let the dice roll. The crypto-related essays that I slave over and do intensive research for may not generate as much response as the entries that I type quickly because I just want to record down a particularly memorable occurrence. Case in point: the NFT article I wrote about the release of the MekaVerse didn’t do as well as my anecdote about my 12-year-old students hankering after Lamborghinis. 

The same thing goes with investing in cryptocurrencies. We may have high hopes for various altcoins as they display great potential but just when we think we are ready to acquire them at our best fit price, the market has shifted its mood, thus casting the spotlight on other up-and-coming cryptocurrencies and blockchains. We realise that we have missed the boat for some reason or other. So the best thing to do is to begin with the end in mind.

2) I should determine the ideal amount I want my portfolio to reach

Since we cannot forecast market conditions, we can only do our due diligence and invest in the assets that we deem profitable. I do not have the time and interest to cherry-pick stocks, so I create some portfolios with prominent roboadvisors which are active in my country. The good thing about roboadvisors is that they can give me a projection about how my portfolio will grow in 10-15 years’ time, so this helps me to take the dips in my stride because I keep my eye on the end game. 

Similarly, for Publish0x, I set myself the goal of attaining 6 AMPL. Whenever I achieve this goal, I will make a withdrawal to KuCoin. I reckon that focusing my attention on 6 AMPL helps to de-emphasise the sense of attachment I have towards each article. Instead of feeling glum if one article does not perform as well as I anticipate, I brush it off and think about how this article helps me to inch my way towards my goal anyway. 

Maintaining a holistic view of one’s writing and investment thus helps alleviate the emotional bumps I face during my journey.

3) I should be consistent 

Because I have decided on my goals aka the destination I hope to arrive at, I need to put in consistent hard work. In regards to writing, I need to post at least once every day, regardless of whether I feel like it or not. Similarly, I do Dollar Cost Averaging and pump funds into my portfolios, heedless of the ups and downs of the market. 

I have learnt that some days are better than others. I receive more tips as well as greater returns on these good days. I don’t yield as much rewards on the bad days but it’s okay because no effort is ever truly wasted. I just need to bide my time and wait for the sun to shine on both my articles and portfolios. 

I have also come to the realisation that being consistent builds a steadfastness that stands the test of time. If I don’t blog for one day, I feel uncomfortable for not abiding by my personal standard. If I don’t get enough funds for the next round of DCA, I similarly feel motivated to hustle to get that checked off my list.

These are the parallels that I find between Publish0x writing and investing. Have you noticed such changes in yourself? ;)