The biggest financial freedom killer in this industry?
𝙋𝙧𝙞𝙘𝙚 𝙖𝙣𝙙 𝙥𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤 𝙩𝙖𝙧𝙜𝙚𝙩𝙨
It's fine to have them. It's fine to name them. It's not fine to live by them and see it as something absolute.
In the absolute peak of 2017s bull run I had $180,000 in asset holdings.
$500,000 was my goal and felt it was so close from there. So close that I not only secured nothing of it but I also forgot to think the market not even grant me that much.
I was able to eventually salvage something because I just happened to be searching for a place to live the year after but overall it took years to ever get that entire amount back.
When the market tops it's literally done.
It's not going to ask you:
"Hey, how far are you from hitting your target?"
It doesn't care and the market takes it all away.
The same thing goes for altcoin targets.
"I'm aiming for at least a 20-30x on this one"
"This one should be an easy $500m market cap"
"If ADA can get to xxx then imagine what this one can do with better tech!"
Maybe some of your statements make sense. And maybe some of them might initially be realistic!
But if you act like these are absolute you often end up with nothing.
You either:
1️⃣ ladder out the entire way up to your target.
2️⃣ you adapt when certain indications tell you it just doesn't happen anymore.
Number 1 is the easiest. Number 2 is the hardest.
Every single one of us has the tendency to think the coins we hold are destined for millions (we see what we want to see).
Don't fall in the trap. Take it level by level and adapt.
Your targets mean nothing to the market in the end.
Some will hit but many won't as well.
