Relative wealth scales up to 100x when you start comparing your wealth with random people who share PnL on social media. Most of these PnLs are fake, yet you consider them as something you wish you could have. The amount you wish for keeps changing every day—it’s only going up, while the effort you're putting in to reach that goal is going down as you are too busy thinking and not doing anything to upskill to reach your scaled-up targets. You are also losing in that whole downward process, where eventually you start lowering your targets when you begin to see moments of decline. That's when you realize the amount you are targeting now is the same amount you had a few months back, and you just needed to preserve that, but you failed because you were busy comparing wealth without going deep into context, understanding methods, or upskilling.

You get 100s of free alphas on CT. You can get early to so many opportunities. BUT... you'll still lose. Why? Because your psychology doesn't want you to win. Fix your crypto psychology today 🧵