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some timely words from Chamath given the recent market volatility “It’s great when everything’s green. But those red days…how you comport yourself, how you act, how you treat other people in the red days are the only days that matter.”
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11 Kommentare

He’s right and double right on how it changes when numbers get bigger. When u started investing with the smaller amount that I had a -20% move was around 20k. Hurt, but not life changing. Now a -20% move in my portfolio is like -700-1M. That certainly hits different. What helps me is sticking to what got me here, not changing my habits or principles simply because the numbers on the screen got bigger. You have to have this mindset or else you’ll never hit your goals.

Having those core principles are SO helpful when things go down Just being able to have a philosophy matters

The crypto journey isn’t for the faint-hearted. Hundreds of red days. Dozens of boring days. A handful of euphoric days. But those who stay patient see the 20x–50x returns everyone dreams of. Survival is simple...do nothing. Let time do the heavy lifting. How do you keep calm during the slow days?

Everyone is a genius in a bull market. I wonder when Buffet is going to start buying heavily

I just watched this, and IMMEDIATELY thought about how people were acting in the chat

Dude Chamath is so spot on Just mentally being able to deal with these drawdowns is 99% of the battle Trying to be calm and patient and humble is so important If anything, these drawdowns teach us that everytime

He thinks ..I like the green times cause I can grift people with my SPACS

This episode was very important for people intimated by the markets and getting started in investing!

wait isn’t one of these guys a comedian

yes 😆 Schulz is big time

Us crypto bros tell ourselves this everyday
