How confident are you in your crypto moves? Have you gone all-in or do you feel you could have invested more over the years "if only you had known"?
Do you feel sick when your crypto holding halves in value? Conversely, how much can you celebrate when your crypto is on the rise?
Mindset Materialises
Since I was in my teens, I have, as they say, "done work on myself". Over the years what I have studied and practiced has also helped other people, especially as a Dad (both to help my daughter through things and also to prevent her picking up too many of our bad habits!).
It's in my work, however, that I see in myself and others the huge difference just being aware of certain factors can make. Once you are aware, of course, you can do something about these things, either to use them as tools or to head off the damage that might happen by letting things rot.
Investors especially are swayed by psychology and mindset.
Speaking as someone who is incredibly flawed, but has to go to work every day, wants to maximize his investments, and be a useful, contributing member of the community, I hope these ideas resonate and are helpful.
So enough faffing around Chris, what are these secrets?
Subconscious Sabotage
We are moist robots, and we act on our programming.
Take in data, process the data, take action.
Our subconscious has selectively stored away things and situations that are dangerous or harmful to us. It is doing its best but since in the 21 century we are rarely confronted by wild animals, the algorithms are not always efficient.
So we develop phobias, fears, resentments, anger, guilt, and other weight.
By the time we are in our late 20s, and onwards, we have effectively cluttered our desktop with every piece of "useful" cruft imaginable, and we need to do some serious defragging.
In fact, scarily, much of our core programming happens between birth and the age of six.
Your behavior today is partially dictated by a very small child!
Three Little Discussed Mind Programs
Before you can utilize any of the high-performance tactics effectively, you need to get down to your core operating system and see what instructions it is running.
I made the mistake of patching over the cracks for years, believe me I wish I had done this work a lot sooner.
1. Conformity
How do you imagine yourself? What is your self-image?
Most of us would love to think of ourselves as good, worthy of love, someone to be proud to be, but in addition, we want to be included, and we want to belong, to be part of the in-crowd, not of the "other".
We all know how badly this can be used to manipulate us, and the downsides of that, right from being picked on as a kid all through to family trauma.
Growing up in a poor, former mining town where all the mines closed, the whole place was to varying degrees depressed, but there was also a "crab bucket" mentality that nobody should rise up out of it for fear of being put on the outside.
Did your school friends pick on the smart kid? Swot, nerd, Pointdexter, teacher's pet ... did it make you want to visibly succeed academically?
I've got extremely low self-esteem, and I know now as a middle-aged person that a lot of it (not all) stems from that crab bucket and my ADHD. In my mind, a good person wouldn't behave as I did (with ADHD) therefore I am not a good person.
Sounds silly, but every interaction cemented that self-image, from school report cards on up.
2. Praxis
What is your behavior? Do you sometimes wonder why you do the things you do? Are there habits that you find difficult to break? Are you prone to self-sabotage?
Praxis is the external manifestation of your internal thoughts. What do your actions look like to a dispassionate, objective observer?
If someone says you are just like one of your parents, are you pleased or offended?
3. Congruence
Is your behavior a good reflection of your beliefs?
Do your words and deeds match or are they out of sync?
When we see evidence that we are not who we want to be, that causes internal conflict. Worse, it can mess up our programming even worse.
A super-talented friend in England was an expert in his field but was prone to self-sabotage. Talking to him privately on a trip one day I discovered he had grown up with a dad who told him, regularly, that anyone with money, anyone he considered rich or wealthy, HAD to have come by those riches dishonestly.
Can you imagine what happened any time my friend got one bonus or promotion "too many"?
Becoming You
Pay attention to your habits, the things you say, how you behave, especially how you behave in certain situations or around certain people.
Ask yourself if you, in those moments, are demonstrating and proving you are who you most want to be or if you are at odds with your ideal self.
Listen to your gut, what makes you feel like you have been punched, or makes you feel sick to your stomach. On the other hand, when do you feel light, powerful, excited, in flow, on a roll?
It's called "doing the work" because it is not easy, in fact, it is hard, and you might never arrive at a destination, but it is well worth it as a process.
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I believe the mission is to never give up because there's definitely a reward waiting someday to be achieved