When you first enter the gym, you can't help but look around and wonder: how long will it take me to get that big?

On the one hand, setting goals is essential because it gives you a clear direction to work towards. However, on the other hand, asking yourself when instead of how is a delusional approach, as achieving significant muscle gains takes time and effort, often going beyond the average person's capabilities.

I follow a few gym influencers on Twitter who are ripped without using performance-enhancing drugs. They all emphasize the importance of patience and consistent effort in achieving sustainable results. After all, we know that average efforts produce average results.

Similarly, many people enter the crypto space hoping for a quick profit, and there's nothing inherently wrong with that. However, while short-term gains can be made, building generational wealth requires a long-term approach. Unfortunately, many individuals overlook this fact and end up ruining their portfolios by chasing pumps and meme coins, hoping for a quick fortune.

The math is simple when it comes to Bitcoin's past performance. Following every halving event (which occurs every four years), the price consolidates for about four months before experiencing a significant surge. We are now just three months post-halving, and if you ask me, we're right on track. However, the masses have once again overreacted to the typical price action following the halving, also known as the halving chop. Why is this happening?

Reflecting on my own psychology during the current bull market, I realized that Bitcoin's new all-time high before the halving was a deviation from previous cycles. This led many of us to assume that Bitcoin would continue to grow without interruption, potentially reaching $100,000. However, the approval of ETFs in the US led to increased demand for Bitcoin, and the price eventually slowed down as it approached its previous all-time high.

As a result, we got caught up in the excitement of Bitcoin's rapid ascent and neglected the halving cycle's historical success. Bitcoin's strategy during halving cycles is simple: it consolidates, digests, and grows. Hence, the best approach for investors is to buy before the halving, wait a few months to a year, and gradually sell. However, when you get caught up in short-term price action, it's easy to lose sight of this straightforward strategy.

Just like building muscle, achieving outstanding results in investing requires a sustainable and patient mindset. Unfortunately, very few people possess this mindset, which is essential for long-term success.

Thanks for your attention,
Adrian