How to Succeed in Crypto Investment: Avoiding the 95% Failure Rate w/ Zeneca

Are you tired of losing sleep over your investments? Do you find yourself constantly checking your portfolio, feeling anxious and uncertain about the future? You're not alone.

In today's episode, we're tackling the "meta" strategies that can make all the difference between success and failure.

You'll learn:

• The "meta" strategies that can give you an edge in the cryptocurrency market

• How to avoid common pitfalls like over investing and wallowing in regret

• The importance of probabilistic thinking

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Resources:

• Cobie's article on probabilistic thinking: https://cobie.substack.com/p/probabilistic-thinking
• Zeneca's newsletter on probabilistic thinking:https://www.zenecasletters.com/p/letter-35-lessons-poker-crypto

⏱ TIME POINTS ⏱

00:00 - Intro

00:45 - Why is it an important time to talk about psychology in investing?

01:40 - Where are we in the psychology market cycle chart?

04:20 - Why is psychology one of the most important factors for an investor to have?

06:18 - What are the common pitfalls investors face?

11:45 - What is probabilistic thinking?

14:40 - Is probabilistic thinking a necessary skill for investors?

16:08 - How can you determine the probability of a token going up or down?

18:25 - Zeneca's advice on managing negative emotions