Happiness
Money Affects HappinessConventionally, we used to hear the saying, "Money can't buy happiness.". Is it really true? Let's look at some facts about happiness, money, and life.
Easy to talk about happiness and specific amounts of it, but how do we measure happiness in real life? It isn’t something we perceptibly see in a computer game. In fact, it is more like a feeling and believe it or not, there are ways to measure it.
How To Measure Happiness?
As we look at the behavioral aspect, when we feel happy our behaviors change. We smile more and feel much more energetic. Hence we might be much more patient and helpful to others. However, any external factors can affect our happiness, which simultaneously affects our behaviors such as sun, exercising, eating, etc. Other than our behaviors, there are some biological ways to assess and reveal people's happiness levels in laboratories, but these are way too scientific. Reports, on the other hand, are another helpful source of information. In Particular, we can consider self-reports of people about their emotions and the feedback from other people. For example, as a parent, brief information about their child's emotional state to another person is valuable feedback. Of course, this data is mostly based on a person's emotional well-being, but it is also helping researchers carry out certain types of studies.
Attitudes Towards Money
For most people, the relationship with money, happiness, and living standards compose complicated relationships. It isn't like something that turns off when they achieve a certain amount of wage per year. They want more. Therefore, they try to find ways to earn more, usually by advancing in their career, which results in economic growth on a societal basis. On the other hand, things may lead in a different direction. More income means more flexibility on living expenses. However, with the pandemic, things started to change dimensions. The pandemic was actually the emergence of some crises. Some people lost their jobs or gave up what they love for the sake of themselves and their loved ones. Thus, the pandemic started a new pursuit to make money in challenging times. So happiness had to be put away from people in order to survive. For some people, money might be the indicator of success. In that case, if you are not earning much from your current job, you might think, "Am I not successful enough?" That creates a twisted sense of success and affects the lives of many. For some other people, however, only the job they are performing gives their lives a purpose that brings happiness simultaneously. As you can see, "money" can be determined in many ways depending on the person.
Killingworth's Study
In this post, I will also talk about a study by Matthew Killingworth. This research was conducted to measure people's well-being by collecting data from them on a daily basis. Actually, it has an extremely interesting content-collecting process. At some point, he links people's happiness with their income, as I mentioned before.
According to a paper from 2010 by Daniel Kahneman and Angus Deaton, well-being stops increasing after achieving a $75,000 annual salary. In his study, Killingworth declares that the possibility of increasing well-being stops after some time. This is since money no longer means something. However, he suggests well-being continues to increase with income as it can also give some satisfaction even just to see the ability to make "more" money.
Following on the study, Killingworth highlights that people earning more are happier. This derives from their high income and the possibility of doing things without doubt and worry. Who wouldn't be pleased by not caring about money while doing things they want to do? On the other side of the story, working excessively to earn more brings problems such as depression. People who link their self-worth with their income most definitely suffer from stress and, even more, depression. So, the key is trying to keep everything at proper and healthy levels. For example, the passion of earning more or dreaming about an alternative life that comes with more money.
Super-technical and Fractal analysis of BitcoinSuper-technical and fractal analysis of bitcoins BINANCE:BTCUSDT
This is a highly specialized fractal wave analysis for bitcoin that has been extracted from its multi-year history. Suffice it to say that this analysis was done in the last few years and had amazing results. At this point in time, I decided to present this analysis in a separate account. In explaining this chart, I must say that Bitcoin will have strong support according to the behavior of Price Action in the areas of 22 thousand and 18 thousand. My analysis is that the $ 22,000 area is failing, but the $ 18,000 area will be retained due to the formation of a resistance cushion at the bottom of the long-term uptrend channel. The canal roof will be priced at $ 82,000.
Look forward to continuing this analysis in September 2023. Where the price of each bitcoin will be $ 82,000 ...
Say it with me....au·dac·i·tyNo charting today just some good Sentiment for you to consider...Stay Calm, Stay Humble, Stay Focused.
Good Sunday to all the followers and supporters of TheShark. Its appreciated and I continue to try to add value to assist you along your journey of these amazing market cycles. I have received close to 20 emails in the past couple hours. I respect the worry and fear that many of you are feeling right now. Truth be told its a legit worry and the risks are huge in crypto. Lets get something straight if you have the audacity to make and expect the kinds of returns that crypto has gifted many of us with you must understand the risks associated. I wish assets like ETH and Bitcoin could just climb forever and never look back but that is just simply not how free markets work. If you want the chance at generational wealth you gotta have the guts to buy this stuff when no one else will. Buying the crypto covid crash was one of the scariest moments of my entire life. However this was the best decision I ever made except marrying my wife who gifted me with a house full of little girls ;). Do you find it odd that so many of the traders and youtubers are all so negative right now about crypto? I haven't seen it this negative since Covid. This should be your very first clue that we are ready to rally again. So many say they will buy the dip but lack the fortitude strength to push the button.
Did you see ETH bounce off the ETH/BTC .030 mark like I mapped out last week? For the most part Shark Supports on both Bitcoin and ETH held up just as suspected. You can never be perfect in trading but the quest is to get close. I strongly suspect that this last swell downward will be our last downward move before this market just takes off again. So if you're still here with me compliment yourself for hanging tuff I know how stressful this can be and emotionally how taxing this stuff can be on life, family and your happiness. Remember that anything worthwhile comes with risk and comes at a price. Sacrifice brings opportunities to the few willing to take the risk. For the faint of heart you would do well to not check your account balances today. Shark is going to hop on the phone and get the whales on board. Don't think I won't!
Is 40k on Bitcoin still in the realm? Yes is possible. Is ETH 1100-1200 still on the table, it sure is. Will you ever bottom these Assets perfectly? NO. But Shark is going to get on the phone and I'm telling you I bet we don't see these levels today and that next week we seatbelt up and start the next summit higher. This big move could even start late afternoon or evening today. I have some good charting indicators that support this too. I feel like trading view does a great job showcasing every traders ideas thru charts but this game is not all a science. There is an art side and an emotion side that doesn't get told enough on here. Charts don't give you the guts to step in or the strength to hang on. Ask yourself can I hold my position until the end of May or First part of June? If your answer is yes I really think you will like the outcomes of where this market is headed. If I helped you in anyway today or the countless charts I posted last week hit the like follow the Shark and join the Shiver. I don't regret any moment of my 40 years of life yet because I always went the opposite of everyone else. You have a chance at something amazing right here. These entries on BTC and ETH (Not ALTS) are some of the best I have seen in crypto. There will be a time to close shop take the earnings and leave this space but that time is not yet. Shark will show you the way.
BRONSON-TheSHARK