Don't get caught in the hype.

First bull market???

Shit's about to go down. Or in this case up. Hard and fast more than likely.
These are just the top performing memecoins for the past week.

Stupid memecoins that serve no purpose are gaining up to 600% in a week. And those are just the ones big enough to register on @coingecko. There is a lot worse shit on eth and solana hitting 10,000% out of nowhere. Obviously i do have some of these but that's because i bought them last year when the prices were down for just this moment. The trick is selling them at a nice profit and not being left with the bag if the markets drop again.

We've seen it all before.

Seen the green. Got caught in the excitement and forgot to hedge our bets.

Not fully but most of us have made the same mistakes. My first two bull markets i made nothing and held all the way back to the start.

The last time i made some nice profits but reinvested way too much back into splinterlands when it was pumping like crazy. I should have sold the cards that i wasn't using and converted to HBD for when the markets turned.

But like everybody else I thought that the good days would never end. I got greedy and left huge numbers behind me.

After three bear markets i should have known better but still made the beginners mistake. This time i will slowely sell my way out of these silly positions from early days and not worry about missing the big pump. Be happy with the profits on offer, keep something in each token just in case but work my way to a strong HBD position for a time when the markets go backwards.

We should have a lot of time before that happens yet and a lot more profit to be made so I won't be started to sell just yet but there will be signs.

• The old whatsapp will start beeping again.
• You hear people talking about their tokens in the pub.
• My parents start asking if i still have some of that crypto. They saw it was doing well on the news.
• Random people ask you if you have heard of the next big thing.

These are called bagholders.
When they are getting money in, you want to be getting your money out before the whales do. It's how they became whales in the first place. Bought all the way through the lows, sold the highs and repeated the cycle for a larger gain every time.

HBD is the perfect savings account.

20% APR in a system that we can actually trust. It's not infallible but at least we know the people behind the hive eco-system. We know its stood the test of time and we know it wont get rugged.

The name of the game is to put 100K into HBD savings over the next year and have a nice monthly return. If the markets drop at any stage after that there is money every month to start buying back into other tokens for the next bull run without touching the principle.

Easy to say, harder to do.

It's hard to put money into savings and stable coins when there is so much potential for making more money but the greed is how you lose. Finding something in the middle is the best way to go as you will never see the top coming. You just see it falling away when your leaving it.

Been there and done that.

Now i want to play smarter.

Posted Using InLeo Alpha