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In this episode, we dive into the psychology of investing, emphasizing the importance of setting realistic expectations in the cryptocurrency market. Will compares the journey of investing to a gym program, highlighting that just like fitness, successful investing requires consistent effort, a solid plan, and a structured approach. Listeners are warned against the pitfalls of expecting unrealistic returns and the dangers of "paralysis by analysis." Instead, the episode encourages a balanced mindset where investing is taken seriously without becoming an obsession.

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Timestamps:

00:00:00 - Introduction

00:00:00 - Mastering Psychology in Investing

00:01:10 - Setting Realistic Expectations

00:01:46 - Investing as a Gym Program

00:02:28 - Preparing for Market Setbacks

00:02:49 - Case Study: Poor Psychology in Investing

00:04:03 - Case Study: Strong Psychology and Resilience

00:05:20 - The Importance of Psychological Training