I've got the strongest hands in the game.
Okay okay I'm kidding... I guess? But.. The last big "dip" or correction that shook many hands didn't even come close to shaking mine.
Watching the markets bleed and bitcoin dropping lower and lower panicked many people. Literally all portfolios were negative if you stayed in the market from the weeks prior to the correction. At the lowest bitcoin hit, my portfolio was over 50% down. I still wasn't shook. Maybe slightly concerned?
My only concern would be if bitcoin completely collapsed and went to 0.
This is how I think.. If it went to 0 and I lost all my money, that would suck some major ass. Life would go on, I would have gone out swinging and lost with everyone else in crypto space that believed in the tech.
BUT...If I panic sold at the bottom and bitcoin went back up to where it was before... I would never forget how I got outsmarted and lost a ton of money because of MYSELF and everything would have been fine if I literally did nothing. This is something that I would not be okay with, and is why I have strong hands.
all part of the game.
after everything went parabolic in December, of course there's gonna be a correction.
and even despite a 50% portfolio decrease... it's still up how much since a few months ago...?
the rollercoaster carries on... to higher highs ahead...
Exactly, I'm still in profit after a 50% decrease because I have been in the game for awhile. I just feel bad for the people who dumped their life savings in the day before the crash.. LOL bad timing. They would most likely be fine of course if they just hold, and ride this roller coaster.. but there were so many new people who didn't and learned a very expensive life lesson.
Tuition.
Some lessons aren’t cheap.. :-)