One of the greatest achievements of my life is getting independent from any job or superior and become a fulltime Steemian and crypto enthusiast. Before that I was merely a slave, always at the will of some psychopaths who get off by putting force and control on others. I have sworn myself to never fall back into that trap again. But as free as I feel now, as annoying it is to sell precious crypto to pay for my bills in a bear market like that.
When Steem was at its alltime high I made a fundamental mistake: I did not swap some savings into FIAT. Instead of getting a nice reserve I was rather spening the extra money I had for amazing stuff like Anarchapulco - which I certainly don't regret as it has changed my life more than crypto itself. However, looking back at this opportunity I realize that I was naive to believe that it will go only up.
Today we are in the worst bear market I have seen in my 14 months in the crypto sphere and I am running incredibly low on funds. Sure, I have some nice crypto safed in Steem and other coins. But now I have to spend them in order to provide for my family. It is annoying and frustrating to see how little I get and that I have to break into my most precious savings.
And then there is the issue of exchanging cryptos into FIAT money. The only way available to me here in Costa Rica is Localbitcoins which takes about 25% fees in average. I have spend thousands of Dollars in fees during this year alone. Since I make the cryptos out of nothing (but my time) I feel that is not as bad as with traditional institutions. But it also proofs that cryptos are years and years away from mass adoption.
The lesson I learn from that is that I have to sell a huge chunk of my Steem and my other cryptos as soon as we see the next alltime high. I will probably not even wait for that but sell as soon as the market recovers to its previous ATH. It will hurt a lot and even more when the price continous to rise. But I cannot live like this anymore. I haven't bought a single piece of clothes during the past five years and I would love to have a full refridgerator for once again.
How are you dealing with this situation? The majority of you guys probably still has a 9-5 slave job which is actually super beneficial to have in times like these. You guys probably are even able to buy new cryptos with your earnings. I never had that luxury as I value my freedom higher then my actual life. Excuse my rant here. But you cannot always highlight only the positive, can you? ;)