By Michaelson Williams, TSX, author of YOU ARE ILLUMINATI, Trainwashing: The Secrets of Positive Brain Washing, True Success Naturally, The Legacy Wife, and more…

Let's face it: investing is about people's psychology, and if you don't think about how you are investing — or trying to invest in your future — your psychology is off. Why do I say this?

The reason behind this statement is based upon a very simple idea. People these days — and maybe throughout all of history — think in scarcity instead of abundance, at least for the most part. Why? And where's the proof that this is a fact? Well, the proof is always shown in the numbers because the numbers often can't lie to us about reality.

What do the numbers say? The numbers tell us that — at least from where I sit — most people in the world are poor or just barely hanging on, which again is rooted in scarcity. If it were the other way around, then we could easily come to the understanding that the world's overall mass psychology would be based in abundance. This has been true for most, if not all, of recorded human history, with only the small elite few becoming abundantly wealthy.

So, what does this have to do with Bitcoin?

The Bitcoin price, while much lower than in the past, is still too high for most people to make the investment jump. The price is too high, and people are too investment-shy, even at its current $77,502.09 today. When most people look at an investment price like the current Bitcoin price, they immediately default to the scarcity mindset. Abundance isn't in their mental investment vocabulary; the game is over before it even gets started.

However, for the person who lives in a place — a reality — where scarcity is a factor when it comes to crypto investing, looking for alternatives should become the default setting. This isn't financial advice; this is just common sense. You can't lose unless you stop pursuing the victory, and this is how I view crypto investing.

So let me close with this: if your Bitcoin investment psychology is stuck on lack and scarcity — which is almost always tied to financial fear — then the alternative is alternatives.

My alternative for you is to have a look at Millix (MLX), earned or bought by way of Tangled Social.

Maybe Bitcoin is out of range, but with a clearer crypto investment looking-glass, Millix (MLX) may be in your future.

Written by Michaelson Williams
Creator of The MichaelsonEffect
Editor-in-Chief at MMAP Magazine
Founder of The Fit 300 Podcast — It's Live!

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