Do the best investments really leave us with any time to significantly weigh them before making a decision. This article here by @cryptoandcoffee got me thinking about it. Do we really get sufficient time to decide on our investments?
Not thinking certainly won't get anyone too far, but there is always the tendency to overthink for those who do believe in the compulsion of strategic reasoning. Deciding the moment to invest in a particular asset goes right up there with some of the other factors to consider like the asset's potential and proof of value.
There is also the question of if the well thought out decisions are usually the best. Who's to say that decisions based on a whim and not clearly thought out would not produce even better results? Take crypto for instance, where we have seen quite a number of flash millionaires who made it by investing in some random project they barely had information about.
Furthermore, is there an unlimited timeframe for investors? We all know that the early adopters and early majority often tend to benefit heavily from the success of a project. How about the rest though? I think the true test of a project begins after it has matured beyond the experimental stage. Even lagers will stand to benefit something from a project that is promising.
My definition of a successful project is one that has long term viability, not one that gives huge returns and fizzles out early. Therefore any project with long term potential will definitely be able to accommodate even the very late investors. The rewards may vary, but it still stands to be beneficial to every investor at any stage of investment.
This isn't to say that there is a lot of room for indecisiveness as far as an investment opportunity is concerned though. If you're convinced about an investment then the earlier you get in the better. Time is usually the difference between massive and moderate success. Early Conviction only comes by DYOR or deciding to take action regardless of the consequences.
There really isn't a manual for how success comes but for the majority, it is a long road filled with ups and downs and lots of striving. It certainly pays to think every step through and make decisions with the full consciousness of time. Afterall, we can't all gamble blindly and hope to win the lottery.
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