Great investoors condition themselves to do the opposite of what they naturally want to do

I look at it as "pain-seeking" behavior

In the crypto bull run of 21, for example, I should have sold more into fiat, but it felt too painful

That's bc money markets were yielding less than inflation. Put another way, selling into USD would have meant I was going to erode my purchasing power

I was worried about losing a few percentage points a year, so instead I stayed overweight crypto and lost multiples of that

In retrospect, seeking out that pain would have been the perfect move as inflation tapered and interest rates rose

tldr: stay hypersensitive to scenarios where you feel like the market (or government) is forcing you into a trade

That's almost always when you should do the opposite

Futurist telling stories about crypto and AI at Delphi Labs. Proposed the BRC-20, Bascii and Asteroid standards.