Knicks need to delay that W for a bit. I will be back in the US soon, I can’t miss the parade + World cup man this has to be the best month to be in NYC
A very good trader I met back in the midst of the echo bubble once said: “You either get rich in crypto by being a good trader or by building something everyone will fomo into.”
And he is right, see since the introduction of the ETFs on BTC, I really stopped chasing everything like a dog. I don’t need to chase anything. And likely things will just fall into my laps.
There is no shame in underperforming in peak bull. All my friends hit multiple Xs on several shitcoins, while I haven’t. I barely played. I was focused on building something. I made most of my money in the echo bubble so I can relax during the bull, which I did.
I told everyone at the peak that i’m fucking off, and sold all my spot bags and just focused on what’s in front of me. My friends? Printed millions, lost millions. I don’t regret not participating, because this cycle to me was all about fixing my mental capacity. I’m numb. The perception of money changed.
$10,000 is no longer $10,000. Gains and losses don’t hit the same way.
But one thing I can say is that during the echo bubble, where most were still deep in hibernation, i printed and I was ok with what I made. And this time around December it will be no different.
While scammers, ruggers, liars, lucky ones etc are printing big time, never forget that God taketh and God giveth. If you outperformed the S&P 500 you are sitting well above average.
You didn’t miss out if you were sidelined watching how things move. Because next cycle you will be prepared. Back in 2018 I learned how to ape tops, 2020/2021 I realized that Fomo is the silent killer and 2024/25 was where I learned to be numb.
And those 3 things combined will teach you a lot about how markets move and how you need to position yourself.
Ready for the toughest times in crypto since 2022. But don’t be ashamed, cause now is the time to execute.
Experience will always get you far.