FUD!

I can't help but think that right now, while everyone in the crypto space is shouting "the sky is falling!", we're in a full blown FUD meltdown. Honestly, I'm simply disappointed rather than genuinely rattled. I knew better than to put my life savings into crypto. As a result of my conservative investment strategy, I'm technically still in the black when you look at my original stake, by thousands of percent no less. The fact of the matter remains, however, that this market is a very juvenile one. By that, I don't mean to denigrate the maturity of the individuals participating in it, but I do mean to point out that the crypto market is very small, very new, and the majority of the people participating in it are relatively uninformed about how markets work and how to trade.

That said, the crypto market, in my minds eye, is very promising. There's a lot of value here, and we're in for a long roller coaster ride to the top of a seemingly insurmountable mountain of value. In other words, take solace in the fact that during these hard times, we're only experiencing a temporary setback. Smooth sailing, or maybe rocketry, is just over the horizon, and we will be celebrating once again, soon.

I'm not a wizard, and I've got no crystal ball, but I do have what is called experience. I've experienced lots of lucky breaks, and I've experienced even more hard lessons in pain and loss. The only thing I know for sure is that things like this are cyclical, and that the pendulum will always swing back the other way eventually. When you've done your research on fundamentals, yes this curse word is in my vocabulary, and you see things pulling back like they are now, you will know that sound investments always bounce back, while poor ones don't. I still believe that BTC, Steem and a few other cryptos continue to be sound investments, so I'm staying in. I'm in it for the long haul, and I'm prepared to weather the storms that will come and go. Use this experience as a lesson, pick yourself up, dust yourself off, and build from here. It's the only way to go. Panic is not the answer.

Disclaimer: This is not investment advice. I'm not an expert, I'm just some guy on the internet having fun. If you want someone to tell you what to do and how to do it, hire a professional investment adviser. Otherwise, take responsibility for your own actions and do your own thinking.