I like this person on X, @LadyofCrypto1, and they post great thoughts on their investments from time to time. Here’s one from yesterday…
“This last week you’ve seen many big accounts bragging about wins on here, me included! I just want to let you know not to compare yourself. Most of us share our wins, but not our losses because they aren’t fun. So, here’s some transparency. This is what I f**ked up last week
I missed the $TIA breakout
I’ve been following Celestia for a long time, I shared it with you guys a year ago and many times since then. With all the excitement of last week, I forgot Celestia had launched. On top of that, I never added it to my watch list which means I didn’t have a backup reminder to monitor price. So, I had to buy higher than I wanted to
Lesson learned: Don’t let yourself get lazy. The bull run is starting and you need to be on it to maximise your potential returns.
I didn’t take profit on $SOL. I tweeted at the top of the recent move that I was having an internal battle on whether or not to take profit. Well, I didn’t take profit and if I did I could have bought back cheaper or invested that into alts that haven’t run yet. Lesson learned: Although I didn’t break my rules as I’m not taking profit aggressively on blue chips this early in the run, I did let greed overpower my instinct… big mistake.
This is more of a personal one. I spent time gaming when I could have gone to the gym. This might not sound too bad but going to the gym sets me up for the day and makes me work more efficiently. So I sacrificed work efficiency for a short-term dopamine hit. Lesson learned: I had the entire bear market to waste time. At this stage, I need to operate at maximum efficiency. This doesn’t mean no gaming or fun, I can still do those things, but not when it comes at the cost of decreased efficiency. There’s an old saying “comparison is the thief of joy”. Don’t compare yourself to people on Twitter. We love to share our wins but we aren’t winning all the time. Focus on your own journey!”