Is your ego killing investment returns? I think so, I also think humility is one of the most important traits of a sustainable investment strategy. Clearly, there are days where your portfolio returns suffer, and you blame it on external events that are well beyond your control. But then again, when you invest into any asset class, there are numerous cases where external risk does impact returns, which is why it’s important to maintain a level of humility and self-awareness that gives you a cushion on expected returns. Yes, everyone loves to make money, and when some coins are increasing in value by over 1,000% in a single year, you have even higher expectations. While there are numerous cases of rapid value explosion, there are also cases of extreme portfolio drawdown that’s tantamount to surviving a boom and bust cycle in equities (stock securities). However, boom and bust cycles take years to build up in these other markets, because they generate less returns, so periods of volatility tend to impact your portfolio less when compared to crypto, which could swing negative 50% followed by a 300% rally in any given year. These boom-bust cycles test the patience of an investor, because very few have enough tolerance to survive through periods of losses. Hence, it’s better to maintain a modest attitude, or tamper expectations as your portfolio returns improve, because if you expect these returns to continue forever, you’ll also experience extreme psychological lows, because you built your expectations to a level beyond what’s sustainable. I’m speaking from the heart here, as I’ve made this mistake numerous times. Hence, humility or demonstrable modesty through boom periods, diminishes the psychological burden of bust cycles, where your portfolio isn’t performing as well. If your self-identity hinges or is entirely predicated on the value of your crypto portfolio, the emotional swings can drain whatever energy or self-confidence you once had. Instead of projecting success through boom periods, it’s probably better to downplay expectations, and exemplify a level of modesty that prevents you from hinging your entire self-identity or self-worth on the value of your investment account. True investors are humble, because they don’t try to play-up their successes, because their credibility gets equally diminished from market drawdown. In other words, you can’t keep boasting and bragging about the success of your portfolio forever, so why bother? If you experience losses over the course of months, you then expend just as much energy defending your ego, or the decisions you made yesterday, but with losses in your account, which makes it even more frustrating to rationalize why things will eventually turn around. In other words, a humble and modest attitude diminishes the need to brag or defend your decisions, which gives you the emotional clarity to focus on your own investment portfolio, and make contributions on your own schedule. Since your self-worth is entirely internal, you don’t have to depend on the validation of others, and you can also ignore the criticism from well-meaning friends who are utterly clueless on the subject matter of investing, especially when the market tanks. Keep in mind, if you want to learn more via video courses with my help, and the help of crypto millionaires, bitcoin foundation founders, and various other crypto pioneers who are at the forefront of news, information, and methodologies you’ve got to join the Bitcoin Crypto Mastermind program. We also provide live events, one-on-one consulting, and private communities where knowledgeable experts, and experienced traders interact with each other, share ideas, and keep a level of inclusion that can be found nowhere else. The program will remain open for a select period, so enroll as soon as possible.