Avoid Retail Investor’s Emotions to Solidify the 100x

Hey there!

I can’t believe it’s already been 7 emails/posts and you’ve learned so much about how this crypto game works.

This final post is going to focus on the main thing that can derail this whole journey we have been on.

You see, after you conquer the ideas, strategies, trends, fundamentals, tokenomics, and everything else in this magical crypto journey….

The last thing is you!

YOU vs YOU

But why is this so important as our final piece of information in this email course?

Because you are the main person that is going to get in the way of your potential profit.

Sounds weird right….why would I stop my path to the 100x?

Well, there’s a lot of reasons actually.

Just to name a few that I see happen:

1. Losing emotional control

2. Chasing influencers

3. Comparing your portfolio to others

4. Losing patience

5. Lacking strategy confidence

When these ideas start to creep into your mind, and then your portfolio, it becomes really easy to question the great things that you have going on.

Then you might think that someone else has a magical strategy because their portfolio is moving more, or you might think that another investment is the better investment and that you must’ve been wrong because your crypto isn’t moving as fast.

I think these are really bad reasons to make portfolio changes, especially after you have done all of this long term research.

So what do I think you should do? (Basically what do I do?)

1) I understand that I made these investments for a reason

I basically took the time to invest into a particular crypto, and with that, I understand the pros and cons of that investment compared to other investments in the crypto industry. This allows for me to sort of avoid the talk of others in the space. At one point I thought this was the best investment ever, so if I have emotions/thoughts about changing that investment, I always try to ask myself why I made the investment in the first place, and if that first reality is now invalid.

If it is invalid, it makes a lot of sense to consider a change in investment. For example, if I learn more about crypto and rebuild my strategy, then a change makes sense. If the reality is still the same, then I question why I want to change and if this is rational.

2) I never let an influencer tell me what to invest in

Now, I do watch and read what influencers have to say. I actually think this helps me to find new assets to research, helps me get a pulse on the market, and helps me to understand what other people think about cryptos that I am invested in. It’s especially good if other people have the same views I have and can reinforce some ideas from a new perspective.

What I don’t do is watch influencers and then do what they do. I think that this is a losing strategy given that you would be investing from a position of less knowledge. When influencers have more knowledge (and power) than you, you will always be at a losing position.

I think the best thing to do is build a theory, find some investments you like, and have a strategy before taking into account what any influencers say. If you have a strategy and have identified some cryptos you like, then you can see what other influencers say to get some alternative perspectives.

3) I never let price alone affect my investments

Just like we talked about in this course, I think price is one of many reasons that a crypto could be a good investment. Price alone is nothing and price is usually always a combination of other factors either in the fundamentals or tokenomics of a project.

If I let price alone influence my positions, I never would buy into an asset before everyone else and would miss some key beginning pump days on my returns.

4) I always realize that someone will do better than me

It’s just a fact. Some random person will buy some random coin and it will go up like 11,000% and nobody can replicate that. This ties back to the whole never let an influencer tell you what to do thing.

If someone’s portfolio is doing great, then good for them. This doesn’t mean that you should change your whole portfolio and strategy to copy them, especially after their coin has already done the pumpy. The best thing you can do is run your own race, not compare your gains to others, and realize that it’s the journey and process that counts.

You never know how long someone else has been in crypto, how much they’ve invested, lost, gained, or anything.

5) I have confidence in my long term strategy and don’t sweat the short term moves

I always say that investing gets easier and simpler the longer your time horizon is. Short term, crypto can be a beast on the emotions. I don’t really think it’s worth looking at any price movements under a daily chart because of the volatility. And typically I stick to weekly and 3 day charts.

Not sweating the short term moves will make your investing life easier, stress free, and on autopilot. This all ties back into good fundamentals, good tokenomics, good research, and a chart that makes sense to you. These help me with long term crypto investing over the year or over the cycle.

To wrap up this 7 week email course, I wanted to first say THANK YOU for joining me on this journey.

I hope you have learned a lot about how I view crypto investing in the context of trying for the 100x.

This is a conglomerate of all the trials, successes, and random stuff I have learned packaged into emails for you.

I’m going to work to keep sending some awesome emails and posts your way with even more topics that interest me in crypto, such as:

1. Token utility

2. Chart analysis

3. Finding new cryptos

4. Investing over a 4 year cycle

5. How to do price predictions

6. Starting a business with new crypto wealth

7. How to go from a 9-5, to crypto wealthy, to building a business, to retired

Keep an eye out for future emails headed your way, and you can always navigate back to these first 7 posts if you need a refresher.

If you have any questions on anything in the Crypto 100x Blueprint, feel free to drop me a DM on X (Twitter) here.

Thanks,

Dawson