@_theartofcrypto's Latest Twitter Threads

Trading is supposed to be boring. Don't let anyone tell you otherwise.

Harsh truth You won't get life changing gains anymore with $BTC The 2011-now returns are misleading People in 2011 took a risk investing in a microcap To change your life you will need to invest in undervalued projects the mainstream are unaware of.

Just like how you wouldn't expect to make your business successful by showing up only when you want to. You do not succeed in trading by only following your rules when you want to. Consistency wins. Randomness loses.

The next time you feel like you "need" to get into a trade. Just remember: “There is a time to go long, a time to go short and a time to go fishing.” - Jesse Livermore

Let's say you get $10k to invest in 3 altcoins, but there's a catch: you can't sell them for the next 5 years Which altcoins would you buy?

“If you can learn to create a state of mind that’s not affected by the market’s behavior, the struggle will cease to exist.” - Mark Douglas

When you start, they call you crazy. 5 years later they call you lucky because you: • Were smart with your money • Invested into learning new skills • Got serious about fitness and health • Put in work when everyone else wasn't Funny how the world works.

Understanding your personal cruxes and strengths will help massively in terms of: a) strategy adherence b) strategy effectiveness • If you fall for confirmation bias, seek differing opinions. • If you can’t handle losses, tweak your risk tolerance etc. Self-awareness is key.

Change your life now [img:c9GccIE07]

Being able to deal with losses effectively is paramount to your trading success. This is something that works for me after years of experience. If I lose 2 trades in a row. I halve my risk. If I lose the 3rd in a row. I halve it again. Most do the opposite That's why most fail