Hello my fellow steemitians! As promised, I will tell you about my little experience of staying away from crypto for a whole month. It was a very interesting experience I want to share with you.
Have you ever wondered how crypto land affects your day-by-day life? How much time you spent on it? How much time is wasted? How much time is actually productive? I started to ask these questions in April and I wasn’t satisfied by the answers. My crypto day usually starts as early as I get up. While cooking my breakfast and on my way to the office, I check the market and news. I start with blockfolio, coinmarketcap and my favorite telegram channels. I’ve noticed that what I find there really affects my mood. I live in Moscow time zone so when I get up Asian traders have already defined the day trend. When I see my portfolio down, read some bad news and FUD, I’m not all that positive afterwards. Does it affect you as well?
I don’t like it. We live our live only once and I don’t want all these stuff to spoil my day. I decided to try to stay away from the market for some time. I’m in crypto for the technology and progress in the first place. I am not a trader. I have a portfolio and I don’t really need to check it daily. I’ve never planned to earn a lot of money in crypto. I just enjoy all the creativity I see on the market, all these brand new ideas. I see crypto as a new emerging industry. I see it as great opportunity. I want to find a place for myself here. Maybe join one of the projects one day.
It is not easy to change your habits and it wasn’t easy to stop checking market in the morning. For a change I went travelling. I visited many great places in Czech Republic, enjoyed amazing architecture of the city of Wien, tasted wonderful Slovak cuisine. During the trip, it was much easier to stop checking my phone as there was so much stuff to do. Eastern Europe is not that much into crypto (besides Baltic countries), so nothing reminded me of bitcoin there. When I’ve returned home after 2 weeks I was already free from “crypto drug”. For another two weeks, I was ignoring the market.
Yesterday it took me around 2 hours to catch up. We’ve got used to think things are moving really fast in crypto. It is the truth and a lie at the same time. There are hundreds of projects, exchanges and idea in crypto. There are dozens of news on them every day, but how many of them are really important? If you are not a trader, you can pretty much ignore most of them. This news can make the price of a coin to go down for a couple weeks, but when the market will go up again the coin will grow again. When you understand this, a couple of bad headlines don’t spoil your mood.
Another great tip is to use your time wisely. If you have 1-2 hours for crypto during the day, use it to educate yourself. You can check the news/forums/telegram channels in 30 minutes. The rest can be invested in studying something useful. I am a software architect, a part of my job is to explain technical stuff to people with no proper background. I can assure you that you don’t need to be a software designer to understand the basis blockchain technology. It is just a matter of system analysis and your ability to divide a complex task into subtasks. So nothing really stops you from digging into the technology to understand why crypto is a thing and why it is here to stay.
Disclaimer
I’m not a financial of any kind. I encourage you to check all information yourself and make decision only based on your own opinion. All articles are created for solely entertainment purpose.
If you like this post please vote for it and follow me on Steemit. Feel free share your thoughts in comment section.
You can also follow me on twitter. I will be posting interesting news and articles there.
Good work, I think a lot of people who enter the market start to develop the Blockfolio obsession.
Yes, that's true. I think this is because there are too many things going in crypto. People think that things change in crypto daily. Crypto industry is trully faster than any other, but it is not that fast.
i love how responsibe you are @cryptohumster
cheers
piotr
I think as long as you can take the rough with the smooth and understand that big dips will occur you should be okay. It does put a strain on mental health for some though which is a concern!
It is also a matter of expectation. Most people come to crypto because they think it will make them rich in no time. Unfortunately, this is not how crypto works. It has it's ups and downs.
Sneaky Ninja Attack! You have just been defended with a 1.86% upvote!
I was summoned by @cryptohumster. I have done their bidding and now I will vanish...
woosh
A portion of the proceeds from your bid was used in support of youarehope and tarc.
Abuse Policy
Rules
How to use Sneaky Ninja
How it works
Victim of grumpycat?
This post has received a 29.41% UpGoat from @shares. Send at least 0.1 SBD to @shares with a post link in the memo field.
Interested to earn daily? Delegate Steem Power to receive 95% payout rewards. Use this link https://on.king.net/shares to delegate SP to @Shares. Join us at https://steemchat.com/ discord chat.
Support my owner. Please vote @Yehey as Witness - simply click and vote.
Thx for sharing your experience @cryptohumster
who wouldnt :) I think that as long as we love what we do then it's okey if crypto is affecting us heavily. because it may have positive impact. only if we really enjoy our work
ps.
are you russian? i live in Asia and I agree that it's easier to trade once you wake up before everyone else does
excellent! i really hope we can keep in touch. i value your input a lot already
Yours
Piotr
Hi Piotr!
Thanks for all your comments!
Yes, I live in Europian part of Russia, so when I get up I can see "the mood of the day" formed by Asian traders. It almost never changes through the day and Europian and USA traders keep the same trend (sometimes things go differently). Not sure if it is easier to form the trend than to keep or reverse it. All time zones have their cons and pros, I guess.
hi @cryptohumster
Im so very sorry for such a late reply. I didnt know that there is anything like european part of russia. Like very west?
South-east Asian timezones has one pros. Using bots is quite cheap because when I wake up most of the world is sleeping and hardly anyone bit on bots :)
yeyeye
take care mate,
Piotr