The bull run illusion: Why I'm Still holding in this Market
the greed that people have always eats their comfort, peace and happiness and we know it doesn't end.
Well it isn't greed when you're trying to work for basic necessities of life, it is greed just when you've enough to get anything you need but yet you're not happy about it and wanting more.
We're still in bull Market?
Image by Claudia von Werder from Pixabay
The moment market takes a hit and goes down more than 5% people will call it's over and that's the beginning of bear market
They're the same people who'll call it's a full blown extended bull market when market makes 10% moves up from lows
Imagine not being able to pick a side on time and only picking up your tools once it's not needed or too late
This may won't be different
Like every single time people said may is going to be different but turns out same like 90% it crashed when no one expected
So it could be same this time and makes more sense because everyone's hyped up for alt season or extended bull run
The narrative is helping so far
I've seen some news from US and china supporting crypto and even if we talk about stock market there's billions of dollars investments being made by Saudi into US
Image by Markus Winkler from Pixabay
And tariff drama is going to somewhere so it's like the entire new narrative that we required for a move like this in market
Which is good for our bags and I still want to see my coins recovering from -90% as of now which is very unlikely cause crash is somewhere around the corner in my honest opinion and I'm feeling it in my bones.
Anyways I'll either recover my losses or die on the hill there's no in between.
something is brewing
The worst that could possibly happen to our coins is zero but the upside is still a lot to risk
Like I can't sit around my hand being on the sidelines and do nothing about it
It's been years of being in crypto and this is the first I've held all those Altcoins
And fully located in crypto even my wallet and bank account is at zero
Like completely deployed in the market and believing in something that might be brewing up
FTX giving those billions back to those people, trump on the side of crypto and bankers buying everyday
While Gold is already at ATH'S, S&P trying to make records high
So it all seems like sunshine and rainbows but if something bad happens it'd be totally on me and I'd just focus on my 9 to 5 life.
Wrapping Up...
In the end I've never been greedy in these markets, always been chasing realistic dreams like making enough to own a home and than open that dream of owning a car and so on
While people greed takes away all their money, I'm kind of trying to protect every penny I've earned with the sweat and grind I do everyday
So yea this is the only reason why I'll keep on holding coins to not miss out on a bigger move.
What's your thoughts about it and how do you see it? Do share it in the comments.
Posted Using INLEO
https://www.reddit.com/r/CryptoMarkets/comments/1knjzem/the_bull_run_illusion_why_im_still_holding_in/
This post has been shared on Reddit by @stekene through the HivePosh initiative.
I understand what you mean about the constant ups and downs of the market which can be confusing when you're trying to decide whether to buy or sell and all the news, Im new to this and only try to focus on what I can handle like buying whenever I can and make posts when ever I can, everyone exaggerating things makes it even more confusing but at the end of the day it's very easy to get carried away and forget how quickly things can go wrong, it has happen to me in the past in other "investments" that now I have decided to earn less but at least secure those gains when I can
that's the best approach imo, save and secure what you've earned.. it's never less, constant accumulation over the time becomes an ocean!
!PIZZA
Congratulations @idksamad78699! You received a personal badge!
You can view your badges on your board and compare yourself to others in the Ranking
$PIZZA slices delivered:
@idksamad78699(1/5) tipped @k4rl4
Come get MOONed!