If you are new in the scene this morning might feel like a kick in the gut. Yes, this does not work like they told us it's supposed to. We are to be rich without any struggle, without any testing of our convictions. Right?
Meh...
I had a conversation many moons ago with a crypto OG that totally put my mind at ease. He probably does not know this, but Ausbitbank casually fixed my crypto anxiety in a few lines of chat.
You see, it was 2018, my journey into crypto had not completed a full year, and I was experiencing my first bear market. The dumps, the bloodbath, the rage quits, everything was bombarding my screen daily, and it was finally getting to me.
I'm paraphrasing of course, it's been a while, and I'm not sure I could find the chat even if I wanted to, but it went something like:
"This is how it always is, I remember when BTC dumped to $20 and I thought it was over."
It must have been around February, BTC was well over 6k, but in my book the fall of the 20k cliff was sure to kill it. I stopped my nervous typing for a second, and found some self reflection.
"If I can't take it, I don't get it... This is the due or die, this is the difference between those who will make it, and those who will stand on the sidelines"
And... that was it. That's when I finally understood what this whole thing is all about, and began to accept the uncontrollable waves as they come.
I'm only saying this in case you are right now wondering if you really screwed the pooch. Trust me, if you HODL BTC you have nothing to worry about, long term, that is.
These days I only hold two coins, BTC and Hive. Why? Because I understand them, because I see what they solve. It's the only reason why I can see prices dropping and instead of freaking me out, of filling my mind with doubt, I get upset because I can't buy up more.
At any rate, I'm going to make some sawdust, open a bottle of wine, and not look at the red for a few days.
MenO
The only ones who should be crying over the Bitcoin price are those who bought when it was higher. Anyone else is probably in line for massive profits. Why not be happy with that? I've mostly got $HIVE and am pretty happy with where it is.
I don't understand a lot of crypto stuff, but I get how Hive works.
!PIZZA
Happy to be reading your content after long time brother!
This is a golden crypto advice!
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good to see you still around my friend
Oh my...I have been off grid a few days, and just signed into my feed and your articke popped up. Did something happen? Hopefully the US didn't outlaw Bitcoin and pull an India...
I take a few days away from the internet and things go to pieces...
Ha Ha Ha...
Time to check the news.
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We will be soon enough
Every time it dips i see a chance to make more crypto, and when it climbs i see a chance to celebrate.
It all about the roller-coaster of the crypto life
Great post. I think it is also really helpful to do what you suggested and not look at the red. Cheers!
Who doesn't remember 2018? It was the year I joined Steem. This time is not like that period, way different metrics.
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If you can still stand with btc in 2018 nothing can change your mind again, bear market will come and go.
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