Everything sucks, there really aren’t any grand opportunities, you’re not where you want to be in life, your job isn’t going well or the market you’re investing in is going down?

For most the automatic reaction is blaming someone or something else, be it a deity, the society, the ex-partner or the evil insiders sitting in the shadow pulling strings.

It’s just so incredibly easy to blame others for our problems.

But in the end what it boils down to 99% of the time is that it’s our own god damn fault that things turned out the way they did.

If you’d go out and experienced new things life would be more fun and who knows, maybe you’d find a hobby that you love that in time leads to you being able to fix the unhappiness in both your social life and your career. If you’d learn how to properly move in the market, got your emotions in check and figured out a way to manage your risk while building a solid strategy the chance of you losing money would decrease significantly.

Yes, your problems are real.

They’re not going to get fixed by you complaining about them.

They’ll be fixed by you tackling them head on.

If instead of being mad at those 3rd parties you’d give your best to improve, to work on yourself and to get that tiny step further, in time you’d be where you want to be only to discover that there is so much more out there waiting for you.

Photo by Sarah Pflug

I’m a cryptocurrency trader so the place where I’ve encountered the “It’s not my fault” attitude the most recently is on crypto related social media platforms like Twitter, Reddit and Facebook. The amount of statements similar to the ones below is increasing day by day.

“The whales (Evil guys pulling the strings) are controlling the market, there is nothing we can do but wait till they’re done with it.”

“The market would’ve gone up if the evil banks didn’t go after us”

“The institutions are just trying to get in cheap, my investment was sound I’m just getting screwed over”

These statements are wrong. Markets always will and always have been moving not only up but also down. Saying any move down is caused by an evil entity is just idiotic. The reasons for this years price decline are easy to see in hindsight, we went through a small bubble that popped. EVERYONE was talking about crypto, I alone had several big celebrities contact me and ask for investment advice, everyone suddenly knew what Bitcoin is and how it supposedly “always went up”.

Recipe for disaster.

Whenever a market is dominated by people that not only have no idea what they’re doing but also what they’re actually dealing with it’s time to get out. Yes, the crypto markets are filled with manipulation but saying the price is solely reliant on it is not based on anything but the human habit to project the mistakes we’ve done on others.

But not only are those statements wrong, they also push you in a role that no sane person would want to occupy, the victim role.

If you feel like you can’t change something, can’t predict it and can’t in any way better the situation you’re not going to try doing so. It will result in you pushing yourself into a losers mindset which will inevitably lead to your actions resulting in failure.

Instead of complaining about your problem you need to be asking yourself:

“How could I have predicted it, how could I make sure I’m not the one taking the loss next time, how can I turn this into an advantage, what am I going to do next time?”

Those are questions giving you power, they allow growth instead of trapping you in a shitty situation that you can’t get out of.

Bitcoin has and probably always will move in consecutive bubbles, each one being bigger than the previous one, and that’s a good thing. Bubbles drive innovation, the insane crypto gold rush in 2017 led to many people taking interest, new projects and ideas being worked on. The subsequent crash is flushing out the people that didn’t belong in the first place.

So instead of blaming others for your current draw-down , take it as a chance to learn more about the technology, learn more about the markets, perfect your strategy.

Embrace the change instead of locking yourself up in a losers mindset and look for ways to use it to your advantage.

That way you’ll start off strong the next time around.