Making peace with your investments. Making peace with yourself

TL;DR - You do you, and don’t fall into the comparison game

I want to thank you all in advance for jokes about what profit is, what bull or bear signals are confirmed by this post, DCA and chill, being over-invested and all other manner of recycled meta

Crypto has opened up the door to many as a means of financial investment and speculation. It has seen many make huge gains and many lose everything. This space is insanely volatile and unregulated, and so it inevitably comes with the territory

We also consume a ton of material which can reinforce bias and establish echo chambers. We operate in a melting pot of hopium, tech, fast developments, volatile profit/loss swings, and psychological/sociological dynamics commonplace within the digital community space such as groupthink and surface-level comparison

2022 was littered with disbelief, corruption and more black swans than vaguely interesting pigeons. 2023 has seen impressive consistent upside for BTC and ETH, and a divergence in sentiment relative to the wider financial world

When markets experience significant moves higher or lower, inevitable feelings of fomo or fear rear their ugly heads. Last year was a car crash that felt like it was simultaneously fast and slow. This year we started by being grateful for a few days or weeks of green, and now we’re close to 100% up on BTC’s cycle lows

Nobody really knows how or why markets move as they do, despite indicators, fundamentals and macro trends. Remember, the reason TA gets such a bad rep is that market trends are (for the most part) understood retrospectively

My encouragement to you is to make peace with your investments. This way, you’ll be able to make peace with yourself in this wild market. Don’t compare yourself to others - turning £100 into £1,000 is far more impressive than turning £10,000 into £11,000. Rinse and repeat, and keep building capital. Nobody went broke taking profits

My secret sauce for sleeping well at night is uniform position sizing. That way, I don’t over-own a loser and under-own a winner. Who knows how this next year will play out? You do you, enjoy the ride and keep your expectations in check. Any movement forward is progress