Your ego wants to be right in crypto. But what if it is actually your biggest enemy in the market?
We all want to be that person who says, “I told you so,” predicting the top, buying at the bottom. It feeds our ego. Unfortunately, the market loves to humble those who are too confident. The truth is, even the brightest minds managing billions don’t know what tomorrow will bring. They adapt daily to new data, while many retail investors try to predict a year ahead.
By choosing only one scenario, like “only bull market,” you close yourself off from other possibilities. Your brain starts ignoring data that doesn’t fit your belief. That is a straight path to disaster. True strength in investing doesn’t lie in being infallible but in humility. Admitting, “I don’t know what will happen, so I am ready for anything,” is mentally tough but financially brilliant.
Preparing for different scenarios is not weakness or indecision. It is a sign of maturity and wisdom. Kill your ego before it kills your portfolio. Instead of trying to always be right, focus on simply not going bankrupt. That is the first and most important step to profits in crypto.
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