Tuesday, 08 December 2020 17:45

Benefits of Goal Setting

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Do you see the symmetry and discipline in the universe? Yes, that’s the secret of its glory. All the universe and whatever it contains has a dignified purpose for which a planned roadmap is taken. Not a single unplanned and confused action ever leads to a successful ending. Everything starts for a reason and ends for a more dignified reason.

 

There shouldn’t be loopholes in your “why” of starting things. This means that we must know our goals and ambitions of initiating even the tiniest of things in our life, so that we struggle in the right direction always. Our goal defines our course of action and vice versa. There’s a strong link between what we do and what we want in life. This basically means that how a person lives his life defines what his goals are. That is why there’s a strong emphasis on keeping in mind the benefits of goal setting so that we achieve what we want in a timely fashion in the most appropriate way.

If we don’t set a milestone, a planned strategy, and a formal workflow model for any of our tasks in life, we can’t see it happening properly. To reach our goal we must first know what we want in life and then what to do to achieve that. Goals always keep a person motivated and enthusiastic. If there’s no goal or ambition, why would anybody want to grind his day and nights in pursuit of an undefined goal? Contrary to that, setting a goal can bring the following benefits to your life which will make your tasks and life a lot easier and more content. These include:

Clarity- regarding what you should be focusing on.

Commitment & dedication: If we have set a goal in our mind we become conscious about fulfilling it at the right time and we also prioritize all our tasks according to that. People become dedicated and committed enough to achieve their goals in the timeframe they have set in their minds.

Early Completion- By setting a goal, we are on a constant meter with our mind calendar and we tend to execute and complete our task as soon as we can, because procrastinating goes against our internal clock.

Sense of Achievement:  By setting a goal and able to achieve that in a required time period, we feel accomplished and confident in ourselves and our dedication towards whatever we plan in life.

Collectively the benefits of defining or setting goals in life are numerous. And it can help individuals in countless ways. If we want to achieve something in life, no matter how small or giant achievements they are, everything demands formal and systematic planning in life. From getting up from your bed in the morning to be able to run a huge organization, everything needs to work upon. And to work we must know what we are going to work on and what will we achieve with that.

Hence organize your life and your work and bring calmness to it. We all have to do work, but those with a systematic and planned approach could live a very simple and straightforward life. The benefits of goal setting will actually set you free from all shackles of worries. So pay heed to what you do and how you do it. 

  • The world of cryptocurrency trading offers different options to earn money
    The world of cryptocurrency trading offers different options to earn money

    From buying cryptocurrencies and waiting for them to be worth more to sell them, mining them, and thus obtaining a digital token as a reward obtained from the Blockchain itself. Here we will talk about one of the most popular ways to earn money available, cryptocurrency arbitrage. That is why we have created a list with the steps you should consider so that you can make cryptocurrency arbitrage much easier.

    What is cryptocurrency arbitrage, and why it is different from the regular methods of exchanging cryptos?

    Cryptocurrency arbitrage, also called curling, is a form of trading that seeks to take advantage of the price difference between platforms. In other words, you buy a cryptocurrency cheaply on an exchange to resell it more expensively on another platform and thus make money with that price difference.
    Even if this is not to dissimilar from traditional methods of handling and earning from cryptos, the main difference is that the arbitrage is never intended to be a strategy in which holding of the crypto coin is considered.
    Arbitrage is meant to be done fast, buying and selling in the shortest time possible.

    How to correctly make cryptocurrency arbitrage

    Monitoring different exchanges: The first thing you must do for arbitrage to work is to monitor the platforms. This is because the secret to profits lies in finding cryptocurrencies with low prices that you can sell at a higher price.

    Activate alerts: Another of the best tips we can give you is to activate alerts on price changes. This way you will know when a coin has gone down or up in value in the different brokers. This way you can make better profits or know when to buy or sell.

    Open accounts on exchanges or brokers: Of course, to carry out a cryptocurrency arbitrage you need to open an account on the exchanges so that you can trade on it. If you find platforms where the price is attractive, then you should open an account there.

    Calculate the potential profit: Once you have found two cryptocurrencies with attractive prices then the next step is to calculate the potential profit. For example, take the buying price of Bitcoin on platform A and subtract it from the selling price on platform B. This way you will know how much you will earn!

    Fund your account and buy cryptocurrencies: If the business seems attractive, the next step is to fund the account where you will buy the cryptocurrencies. Funding means you must deposit the corresponding money, either the minimum or the amount you will invest. Once this is done, it is time to buy cryptocurrencies.

    Transfer them to another platform: Ready, if you have made the purchase of cryptocurrencies on platform A, where they are cheap, the next step is to transfer them to platform B where you will sell them. To do this, make use of the Wallet transfer mechanisms.

    Sell them and withdraw the proceeds: The last step is to sell the cryptocurrencies you just transferred.

    All the above steps look easy if you consider them singularly, but all together they are a lot of work!
    The best way to do arbitrage is to rely on a good arbitrage software or online platform: those platforms take off the burden of checking continuously for different prices on dozens of online exchange, and allow you to buy and sell faster.

     
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