Rule du Jour: Rule #23 Don’t Compare Yourself to Others (Patreon)
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Don’t Compare Yourself with Others
I am seeing heightened levels of toxic tribalism within the crypto space. Remember every dog has its day. There's always a day where somethings going to pump and you need to resist the temptation to switch and chase.
The crypto space is full of stories about people making huge gains overnight, which can lead to feelings of inadequacy or fear of missing out (FOMO). Comparing yourself with others can lead to poor decisions based on envy or greed rather than sound strategy. Everyone’s journey is different.
What we do is make big bets early and ride it out. Let your winners ride!
Beat Tribalism: Be Happy for the Pumps of Coins You Don’t Own
This point addresses tribalism directly. In crypto, people often become emotionally invested in their favorite projects and feel resentment when other coins perform better. Instead of fostering jealousy or hostility, it’s healthier to celebrate the success of others and focus on your own strategy.
Same also applies to say Gold Bugs vs BTC Maxis, TSLA holders vs BTC maxis - this is why i like all the best assets in key allocations.
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