I Just Woke Up To Carnage in the CryptoCurrency Markets and I Just Had to Smile and Remind Myself, Don't Worry Be Happy.
Over the last year the rise in Crypto values was beyond my wildest imagination. I am so thankful for the life Crypto has afforded my family. Back in November when Bitcoin hit $9,000 I sold all of my Bitcoin because I thought we hit the top but we all know what happened. So I had to wait until late December for my altcoin portfolio to fly high. Now six weeks later my portfolio is back to where it was in USD terms in early December.
Should we be upset? Nope, most of us who have been in Crypto for a while are still way up from where we began. The ones I feel bad for are the newbies who bought into the Bitcoin FOMO in December and then got REKT.
A Little of My Crypto History.
When I first bought Bitcoin in early 2014 I quickly decided to buy altcoins. Within two weeks I was wiped out. Like many newbies today I had no idea what I was doing.
So in anger I rage quit Crypto for 10 months. I couldn't believe that I just took profits from selling my home and got REKT. It took convincing from a few good friends to get me to rejoin the revolution. My Exodus from the fiat market is almost 100% complete. My income, my retirement and my families future relies 100% on Crypto. We are all in!
Randy you are crazy! You may think so but we truly believe in this revolution. I did not get into Crypto to get rich overnight. It just happens that 2017 was very good for our bottom line. I admit that sometimes I get caught up in the greed, but in the end that is not why I love Crypto.
What Is Your Reason for Being Here?
If your reason is purely for financial gains then finding joys in Crypto will be fleeting. The emotional roller coaster might be difficult . If you are here because you believe this technology can make a better world for everyone, then the wild ride will have less effect on you.
If You Can't Handle the Volatility Then It Is Time to Take a Break.
Seriously, step away from your computer, delete Blockfolio from your phone, mute the Crypto groups on Facebook and don't watch CNBC. Come back in two months or after you feel you have recharged your mental batteries.
Honestly I don’t even panic anymore I literally just smile. I know that it will eventually go back up , I used to panic and sell . Now I just sit back and not worry
i think these dips are good to make some good profits quickly...if you have some money .
yes friend every little thing is gonna all right☺
@hilarski,
In last few months we were at a top of a mountain! Anyway now we must hodl, the market will rise anytime!
Cheers~
Start of a new month is when new lows or highs are formed. Keep buying a few at every dip.
Now it's moment to buy i mean we are watching the same movie of some years ago and i don't know why people is scary if we know the final of this movie, iron hands and buy more cheap coins.
hahaha thats what people should do now- hold hold and hold
hahha ,, its really fun in crypto
Crypto/BTC is a great way.The earliest way to get rich and not just make money with crypyo is to buy BTC and hold for year or two..........Bitcoin is one of the biggest opportunities since the invention of the internet itseif....great times to be around....
Sounds like he's holding a load of heavy bags and can't handle it!
Thanks for sharing this, it's really interesting to read your story. I first discovered BTC in 2011, but never invested until a few years later - a big mistake on my part, but that's life!
I am here for two main reasons: 1) The betterment of society and 2) Financial Freedom.
With regards to my first point, I want to help society by providing as many people as possible with the tools to gain financial freedom. As well as that, I want to work on projects that help improve society - currently, I'm working with an ICO that is completely focused on health and the environment, two areas that I am very passionate about. I plan on working with a lot more ICOs that have the goal of utilising the blockchain to improve society, and I am also considering doing voluntary work for a blockchain based charity (when I have enough money to work for free I would love to volunteer with them for 20-25 hours per week).
With regards to my second reason, I want to gain the financial freedom to pursue my first point - the betterment of society. I have big plans in the renwable energy sector, AI regulatory issues etc., and I am hoping to gain the financial freedom to help to grow these areas and integrate them more smoothly with the blockchain.
I am also starting up a Steemit incubator for beginners, with the aim of providing beginners with a guide on how to do well on Steemit by giving back to the community with useful information, quality content and more. I will be running a daily manual curation too, where I upvote between 5 and 10 posts from undervalued Steemians, in order to help grow the community of daily active users by inspiring great content creators to keep writing. I am currently actively seeking delegated SP and any advice from experienced Steemians, but I have a graphic designer on board to help new Steemians with some really cool post thumbnails and footers, and will be launching within the next few months regardless of the support I get, as I really want to start helping out newcomers.
Thanks again for sharing this, and I hope your future is bright! It's great to see people like you, who are really immersed in the cryptocurrency markets.
I did the same, 2011 but I did not invest until 2014.
I see! I guess we still got in pretty early relative to most!
Totally agree with you, no panic, Just wait.
Ooh yes... its really fun in crypto currency @hilarski.
Now very bad time running in crypto currency. All the coin very low level and big investor worry about it.
Thanks for steeming up to date value of crypto currency.
All the best
sure verything gonna be ok, the market start recovering a bit :)
Noobs just got reckd if they sold in the panic. This one was brutal.
I believe in Betcoin this drop is a start for great rise
for now the price of sbd has gone down and steam is now starting to increase. Will the future be otherwise.
SBD should be $1
In my opinion SBD can cross the Steem once again. Let's hope for the best.
Stay Blessed.
Good video
Everything gonna be okay , the market start rering a bit. I just pray that the betcoin this drop is a start for great rise.....
Good post...
What did you like about it?
hahaha i know he didnt read it at all, he just want to make you happy man.
I believe in the blockchain technology, it's not only about the money or a specific coin, for me, steem and steemit are the incarnations of the freedom I was born to live :)
Yes of course.
I like it,
amazing video i surprised to see your post specially video... thanks for sharing..
Good post freinds
I cashed out everything but steem last month. I'll probably buy some litecoin today. I don't depend on crypto it's just a nice bonus. I'm sad steem and sbd are down
I just have faith and keep counting days!!
-cheers-
Crypto/BTC is a great way.The earliest way to get rich and not just make money with crypyo is to buy BTC and hold for year or two..........Bitcoin is one of the biggest opportunities since the invention of the internet itseif....great times to be around....
really a friend in a few weeks this bitcoin greatly decreased, we must keep the spirit of friends, I like posting friends.
I really like this music.
thank you for sharing @hilarski
The people who got whack in Bitcoin are those who know nothing about crypto and just jump into the bandwagon and buy when the price are very high.
I think this is the time of clam before storm and heavy rain. Please have faith and patience, all will be alright.
just trying to be stonge enough
I just agree with you,no panic,
Its time to go ahead @hilarski
I was worried but after reading your post, I am thinking to chill in life, be happy yes :)
this gonna be wild who invest here for make money, now you can wait coz btc space ship is out of fuel to go moon till refueling its tank!
I got here for the fun of trading at first, but now I am here only to hold and accumulate some SP while I enjoy the time I spend interacting with people on Steemit. No need to worry, but it is impressive that you don't panic at times like this thinking that you are all into crypto.
wawoo ,,, this stuff is very disturb about cryptocurrency. many investor happier because the value down.
It is always the same, we must take advantage and buy now, this will change
Im thankful to have got in a year ago, in large part due to steemit.
I am also very thankful i didn't jump right in two months ago...yikes! I feel for the fomoers, but a lot of them are gonna get out, the market will eventually stabilize and climb back up.
Hodl!
will things really be alright? it was not even right for Bob at the end of the day, he died of poisoning you know, but thanks for the encouragement. i loved the music too.
I was to happy last december when my flash move toward profit and with thousand hope I buy another hundred of thousand at .10 then a week or two it's dive like a japanese kamikaze dive bomber of 1945. A dive with no chance of lift after explosion.
Yes, without doing proper research getting into this market is indeed risky !Well as time is passing by it is getting easier to understand the flow of the market !Thanks for sharing the experience of yours !
Nice article Randy, I didn't know about your previous losses. Yes we must HODL strong through these times and when you really feel that fear, you know it might just be time to BUY and not sell!
we should not be discouraged, life is like a wheel is always spinning, sometimes under sometimes above, keep the spirit of friends, living steemit. I have a new post, help upvot and resteem dong ...
I was stressed too much when everything was going down, but then I stopped opening twitter and relaxed a bit for few days.
It isn't that bad when you have spent some time in cryptos if you don't open the twitter and other social groups.
The fud in social media is very high. Better to be away for a while from them for our mental peace.
great post sir.....
@hilarski...very nice info sir..the market is again come to stable little bit..i hope it will recover in few days..thank you for sharing with us..
Great post Randy. If you're in just for profit and don't see what crypto can bring to this world with actual FUNCTIONALITY not just green candle pumps and no intrinsic value, then you might jut burn in Ripple hell. I am totally chilled this time. First time I don't get mad at all during correction time. I guess same as you, I learned through my mistakes. RESTEEMED @hilarski!!
Just enjoy the steemy waves :D
Damn straight Randy. Stress is something we choose to feel. It’s a much happier outcome if we decide not to be stressed. All emotions are a state of mind and it is in our power to decide how we react to any given situation.
I can only imagine how hard it is going for you right now with your money all in.If you are a Hodler these days will be history soon and those who lost their money will come back crying because there is no other platform that doubles the income this fast.
@hilarski This is great video and professional work
##Upvote/Resteem###
I cant chill, the radeon crossfire is emanating too much heat.