Fun Times In Crypto
If you are an outsider looking in at what is happening in the crypto market you just won't understand what we know and why nothing has changed. The path remains the same with so much new investment yet to be seen this is going to be one hell of a ride. The real secret is patience.
When we see serious dips like we are witnessing now it always amazes me how people panic with an attitude of doom and gloom. With the knowledge we all have acquired over the years volatility should be your friend.
The one reassuring fact we all know is the market will eventually bounce back as they always do. It is understandable what is happening with Germany offloading their Bitcoins and apparently Mt Gox will release the coins they owe to those investors who have been waiting for a decade. This is the time to rip the band aid off and get rid off this problem that has been hanging over the market for many years.
Those that thought we would see the peak of the Bull cycle later this year may have to recalibrate their predictions and think more like 2025. No one knows when this will happen, but the peak of the cycle will happen because that is how the crypto cycle works. Why panic when all this takes is patience.
Those of us on HIVE have a massive advantage over most other crypto investors because we have a staking mentality and understand how the APR along with compounding works. This knowledge in my case reflects my entire portfolio because of what HIVE has taught me and we all know this is a winning formula that guarantees success.
There is absolutely no difference if your portfolio halves again or doubles in value over night because we are so far off the peak selling is not even a thought. Those that stake have a different mindset to those that play the meme token casino and dare say take their crypto far more seriously with more of a mature attitude. There is no need to chase value because real value is being added daily and over the years this becomes seriously valuable.
If we split the 4 year crypto cycle up we accumulate and grow for literally 47 months or 95% of that time in order to maximise our returns and this is the only way of thinking. Only a small percentage think like this and I would guess at least 70% of Hivers have this thought process through knowing how to grow and accumulate.
Posted Using InLeo Alpha
Haha! Indeed! No Panic here. I did that 3-4 years ago and I will not be making that mistake again!
I am buy and blogging and engaging like all hell! 💪💪🐝
Building the Busy bees into a force to be reconed with!
👍🏻 See you‘re also using the crypto bubbles tool. Good one
Yes. For a long time now.
I completely agree brother. Patience is key in crypto. I believe there's no need to panic over dips, it's definitely all part of the cycle. I'll keep staking and growing
It's exactly like you've said. People who have been here for one or two cycles should know better rather than always panicking every cycle like they've learned nothing.