Strict discipline is the most powerful art to achieve your long-term goals.
Learning how to be disciplined sets you apart from 90% of people.
Here is my guide on how to build and respect a discipline plan applied to crypto.
1/20 🧵👇
Learning how to be disciplined sets you apart from 90% of people.
Here is my guide on how to build and respect a discipline plan applied to crypto.
1/20 🧵👇
1.
~ Discipline attitude ~
Discipline is one of the most important personality traits in everyone’s life.
It refers to a set of rules which are to be followed while undergoing any activity.
It is a way of being hard-working, motivated, and encouraged to achieve results.
~ Discipline attitude ~
Discipline is one of the most important personality traits in everyone’s life.
It refers to a set of rules which are to be followed while undergoing any activity.
It is a way of being hard-working, motivated, and encouraged to achieve results.
2.
~ Goals achievement ~
You have the goal of gaining muscles.
Your discipline plan must be:
• Work out 2/3 times per week.
• Exercise to choose.
• Eat healthy/protein food.
• Sleep enough.
These rules must be respected over the long period to gain muscles.
~ Goals achievement ~
You have the goal of gaining muscles.
Your discipline plan must be:
• Work out 2/3 times per week.
• Exercise to choose.
• Eat healthy/protein food.
• Sleep enough.
These rules must be respected over the long period to gain muscles.
3.
~ Fixing the mindset ~
Obstacles, difficulties and self-doubts interposed between us and our goals.
Especially when a target requires a long-term approach, your desire to quitting can overcome your initial good intentions.
That's why building a discipline plan is the key.
~ Fixing the mindset ~
Obstacles, difficulties and self-doubts interposed between us and our goals.
Especially when a target requires a long-term approach, your desire to quitting can overcome your initial good intentions.
That's why building a discipline plan is the key.
4.
~ Discipline in financial markets ~
Financial markets and cryptocurrencies require strong habits and discipline if you want to make money.
In the following steps, I’m gonna show you the main points that build up my discipline framework.
~ Discipline in financial markets ~
Financial markets and cryptocurrencies require strong habits and discipline if you want to make money.
In the following steps, I’m gonna show you the main points that build up my discipline framework.
5.
~ Preset DCA ~
During a bear market, every month no matter what, I increase my long-term positions.
External factors such as:
• Price action
• Desire for new stuff
• Feel like/not feel like
Don't impact my DCA.
My plan always comes first, is above everything.
~ Preset DCA ~
During a bear market, every month no matter what, I increase my long-term positions.
External factors such as:
• Price action
• Desire for new stuff
• Feel like/not feel like
Don't impact my DCA.
My plan always comes first, is above everything.
6.
~ Portfolio allocation ~
Each asset in my portfolio has a specific % allocation.
I never break through that limit risking a possible overweight position, helping this main strategy using proper rebalancing.
My timeframe is usually every month, depending on market conditions
~ Portfolio allocation ~
Each asset in my portfolio has a specific % allocation.
I never break through that limit risking a possible overweight position, helping this main strategy using proper rebalancing.
My timeframe is usually every month, depending on market conditions
7.
If we take a hypothetical portfolio we have:
• BTC 40%
• ETH 20%
• ALT A 10%
• ALT B 10%
• FIAT 20%
These % are respected over time evaluating eventual pumps/downs and rebalancing accordingly.
This helps me to remain balanced, thus disciplined with my portfolio.
If we take a hypothetical portfolio we have:
• BTC 40%
• ETH 20%
• ALT A 10%
• ALT B 10%
• FIAT 20%
These % are respected over time evaluating eventual pumps/downs and rebalancing accordingly.
This helps me to remain balanced, thus disciplined with my portfolio.
8.
~ Profit-taking methodology ~
This should be the most disciplined topic.
If you rely on the hope that your coins will “moon more” before you take profits, odds are that you're gonna experience bad times.
Try instead to build a plan for taking profits.
~ Profit-taking methodology ~
This should be the most disciplined topic.
If you rely on the hope that your coins will “moon more” before you take profits, odds are that you're gonna experience bad times.
Try instead to build a plan for taking profits.
9.
Example:
• Your coin jumps 100%
• You cut 50%
• 50% goes into stables or long-term holdings.
• The other 50% remains in that coin.
This will create a healthy habit that will take root inside your head, therefore making it easier every time you have to take profits.
Example:
• Your coin jumps 100%
• You cut 50%
• 50% goes into stables or long-term holdings.
• The other 50% remains in that coin.
This will create a healthy habit that will take root inside your head, therefore making it easier every time you have to take profits.
10.
~ Protocols analysis ~
Getting sucked into the FOMO spiral is easy if you don't have a solid plan on how to evaluate protocols before investing.
It's like groping in the dark without any significant lights.
Sooner or later, you'll fall.
~ Protocols analysis ~
Getting sucked into the FOMO spiral is easy if you don't have a solid plan on how to evaluate protocols before investing.
It's like groping in the dark without any significant lights.
Sooner or later, you'll fall.
11.
A potential framework:
• Tokenomics (allocation, value accrual, supply etc)
• Team analysis (Doxxed/undoxxed, transparent etc)
• Chart (parabolic/accumulation/distribution etc)
If it doesn’t respect the criteria I simply don't invest.
You have to be selective.
A potential framework:
• Tokenomics (allocation, value accrual, supply etc)
• Team analysis (Doxxed/undoxxed, transparent etc)
• Chart (parabolic/accumulation/distribution etc)
If it doesn’t respect the criteria I simply don't invest.
You have to be selective.
12.
~ Mind food ~
If you eat junk your body will be negatively affected.
The same applies to your mind and the content you provide for it every day.
If you follow junk info and over-positive/over-negative accounts, this will have a bad impact on your financial decisions.
~ Mind food ~
If you eat junk your body will be negatively affected.
The same applies to your mind and the content you provide for it every day.
If you follow junk info and over-positive/over-negative accounts, this will have a bad impact on your financial decisions.
13.
What I do:
• Curate my Twitter feed.
• Create lists.
• Set notifications on for my favorite accounts.
• Remove all potential distractions (ads for example).
The clearer and more organized will be your content, the more productive you'll become.
What I do:
• Curate my Twitter feed.
• Create lists.
• Set notifications on for my favorite accounts.
• Remove all potential distractions (ads for example).
The clearer and more organized will be your content, the more productive you'll become.
14.
~ Tracking the journey ~
Keep track of your progress and ideas:
• Set watchlists for the coins you're interested in.
• Write down your profits/losses.
• Write down relevant people’s opinions.
Periodically review the list to improve your journey.
~ Tracking the journey ~
Keep track of your progress and ideas:
• Set watchlists for the coins you're interested in.
• Write down your profits/losses.
• Write down relevant people’s opinions.
Periodically review the list to improve your journey.
15.
~ Key takeaways ~
~ Discipline takes over when motivation stops ~
Motivation is an event, but discipline is a lifestyle.
Do something thay sucks every single day of your life and you will see massive growth over the long term.
~ Key takeaways ~
~ Discipline takes over when motivation stops ~
Motivation is an event, but discipline is a lifestyle.
Do something thay sucks every single day of your life and you will see massive growth over the long term.
16.
~ Pyramid climbing ~
See your life as a pyramid where you have to climb to the top.
Top ➩ big and “unrealistic” goals.
Bottom ➩ small and achievable goals.
Focus on completing the smaller ones ➩ sense of joy and power ➩ slow but steady climbing until the top.
~ Pyramid climbing ~
See your life as a pyramid where you have to climb to the top.
Top ➩ big and “unrealistic” goals.
Bottom ➩ small and achievable goals.
Focus on completing the smaller ones ➩ sense of joy and power ➩ slow but steady climbing until the top.
17.
~ Plan each move ~
• Profit taking method.
• Investing time horizon.
• Bull market/bear market approach.
• Investment criteria framework.
• Income increase.
• Knowledge improvement.
Not leave anything to chance.
Plan everything and optimize.
~ Plan each move ~
• Profit taking method.
• Investing time horizon.
• Bull market/bear market approach.
• Investment criteria framework.
• Income increase.
• Knowledge improvement.
Not leave anything to chance.
Plan everything and optimize.
18.
~ Simplify ~
As humans, we tend to think that complicated things lead us to better results.
But this only creates confusion and bad results.
Keep it simple:
• Your trading strategy.
• Your knowledge approach.
• Your plan.
Remember, less is more.
~ Simplify ~
As humans, we tend to think that complicated things lead us to better results.
But this only creates confusion and bad results.
Keep it simple:
• Your trading strategy.
• Your knowledge approach.
• Your plan.
Remember, less is more.
19.
To conclude I want to point out that building discipline is a very powerful habit.
What unites the most successful people in the world?
Talent? Maybe a little.
But 95% is strong discipline.
Ask yourself: why people aren't successful?
That's because of lack of discipline.
To conclude I want to point out that building discipline is a very powerful habit.
What unites the most successful people in the world?
Talent? Maybe a little.
But 95% is strong discipline.
Ask yourself: why people aren't successful?
That's because of lack of discipline.
20.
That's it!
• If you liked this thread, follow me @IamZeroIka for more crypto insights.
• Like and RT the first tweet to support my work!✌️
• If you want to have access to deeper guides and info, subscribe to my FREE newsletter! (link in bio)
That's it!
• If you liked this thread, follow me @IamZeroIka for more crypto insights.
• Like and RT the first tweet to support my work!✌️
• If you want to have access to deeper guides and info, subscribe to my FREE newsletter! (link in bio)
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