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RE: A Crypto Noob's Thoughts: Yeah, The Market Still Sucks!
This reminded me of when people say if you would bought $500 worth of coke shares 1 million years ago you would be a multi millionaire today. Such BS!! You would have to went through all the recessions and wars. There's no way anybody would have held on from 1919 to today 😂😂😂. What I have found to be true is to do the opposite of what everybody else is doing. This is the time to push harder because everyone is falling back. I'm hoping that the market goes down further honestly. This gives me a chance to pick up a lot of coins because I'm buying them weekly. And if this bear market continues for over a year like it did years ago, that would be gravy on top!
In crypto 10 days feels like 100 years, haha. Its hard to hold, but since I dont trade holding is my only option to stay sane. I promised myself that even if it all went to zero I would still hold. Almost all the people I got into crypto in December have sold even though I warned them not too. I would love to buy more STEEM right now..Now I just need some funds to buy some more at these low prices before it goes back up :)
Bitcoin 2011
Bitcoin 2013 - mid 2015
Bitcoin 2017 to today
Im not into doing TA or anything but I do believe history repeats itself
Hopefully the prices stay put or drop more so that you can get more SP. I'm about like you when it comes to the prices. If it goes to zero I'm still going to keep holding. I'm mentally prepared for the bear market to continue for 1-2 years. When I go back and look at the price history of Bitcoin, what is happening today looks exactly like what happened 2 times before in the past. The charts look identical.
I am trying to be mentally prepared for a year long bear market....but ugh! I hope it doesnt take that long, haha. Yeah its really important to look at the big picture when it comes to crypto. We need to think years instead of days and weeks!
Exactly! I think many were spoiled on the last bull run. In the long run no telling where cryptos will go!!