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RE: Be wary of these mistakes!

in #beauty11 months ago

One of the worst mistakes you can make in this crypto game of ours is suffering from “money comparison” syndrome.... This is a trap. This is not real. It is a far cry from reality!


What you say is a variation of that other trap, "Keeping up with the Joneses"; they may look like they're living the high life, but at what cost to their well-being? Are they in debt up to their eyeballs? Did they inherit a fortune from some unknown relative? Are they in thrall as a result of blackmail? Did they truly earn their good fortune the right way? We don't know.

All we can do is follow the plans we set for ourselves. If they get accelerated thanks to a moment of serendipity, even better! If we get help along the way as a result of mutually beneficial actions-- say, invest in my business, and I'll convert my loan to you into a grant-- that's good too. But we can't keep pace with others just for the sake of keeping up appearances. That way lies ruin.