Watching people around you seemingly make life-changing money overnight, while you feel like you missed every move can be rough.
That feeling can f*ck up your entire sense of reality. You stop measuring yourself against where you were six months ago and start measuring yourself against the one wallet that turned 4 figures into 7-8 figures in 24 hours (yes, we've seen this on FOMO!).
You see the winners, the screenshots, the “made it” posts. You do not see the people who bought the same thing later, held too long, round-tripped everything, or quietly disappeared.
Crypto gives you an almost infinite supply of new opportunities, but it also gives you an almost infinite supply of ways to feel behind.
The difficult skill is accepting that you cannot catch every trade, every narrative, every rotation, every 7-figure day. Missing a move because you were having dinner, sleeping, working, or simply not terminally online is not a failure. It is the cost of having a life outside the chart.
Maybe this is the time for spending most of your time online though, but it can be discussed. I sacrificed my health in the beginning of my crypto "career", and while I suffered for it afterwards I would probably do the same over again.
When you're hungry enough, you do everything to make it.
I think if you make a lot of money very quickly, for example, through memecoins or on high leverage on altcoins, the best thing you can do is step away for a while.
It's easy to think that you're some kind of genius after making high 6-7 fig on a quick trade, and many people will treat this as lottery money and therefore take much higher risk afterwards, only to lose it all.
So yeah, maybe you caught a memecoin early. Maybe a trade went far better than expected. Maybe you had one of those weeks where everything worked.
Take the profit. Close the position. Then disappear for a few days. Reflect on it, maybe this is life-changing money for you. At least withdraw what you can't afford to lose.
Because the dangerous part is that you start believing you have figured it out. You increase your size. You take lower-quality trades because you want to feel that same rush again. That is usually when the market takes it all back.
A big win does not mean you are a genius. It means you had a big win. Enjoy it. Be grateful. Go outside. Get some distance from the screen. Then come back with a clear head and a plan.
If life isn't going your way remember that all it takes is 1 year of hard work, creativity, dedication, and consistency to change everything! DONT GIVE UP! Keep going!
If you trade trend, you'll get a bunch of false starts
If you trade momentum, you'll often buy the top/sell the bottom
If you trade mean reversion, you'll periodically get carried out by an outsized move
And so on for basically every trading system
This is the cost of doing business that's embedded into every market effect you're monetising
Your job is to understand it and manage it
If you try to avoid it entirely you simply won't get paid
There's no perfect system, it's all about managing trade-offs
Go take a look at your setups/playbook or wherever your trading system lives and map its assumptions and failure cases
The stuff you wanna avoid:
1. Mutating your system because the risk feels uncomfy so you get the worst of both worlds e.g. not holding for long trends/outsized moves but still eating the false starts when you're wrong (all the downside, no balls for the upside)
2. Not knowing what the trade-offs are and sizing like a dickhead so when you're wrong it wipes out all your gains e.g. penny collecting on mean reversion with increasing size and then getting fully wiped on the outsized move
today, i went property hunting in the philippines.
while walking, i paused to reflect on how far i've come. not just in my career, but in life overall.
5 years ago, i was working at a studio in LA.
now, i'm essentially self-employed, collaborating with amazing teams, traveling the world, and looking to purchase my first overseas property. like wtf, how did i even get here?
wherever you are in life, keep going. don’t underestimate what you can achieve in a year, but more importantly, consider what you can do if you invest in yourself.
> retired at 33 after dominating YouTube for a decade
> married his longtime girlfriend and moved to Japan
> learns Japanese, reads philosophy and the classics
> keeps his life private, no scandals
> still trains, still ripped
> designs his own minimalist home setup
> builds small coding and AI projects for fun
> makes videos only when he feels like it
> became a dad, focused on family
> doesn't chase fame or money anymore
> lives peacefully, offline, doing exactly what he wants Has Pewds quietly figured out life better than everyone else?