Everything is not shitty.
When I look back just a few weeks ago the numbers were telling me I was doing well with crypto. If I sold then I would have more than enough to take a first class vacation. In fact it looked like I could reasonably retire in a few years and live off my crypto earnings. Then one by one people started dumping a lot earlier then I had planned. Maybe this is the same story with Splinterlands and so many things.
Maybe I'm a sucker, but when I put it into perspective a lot was airdrops I received. When they are first dropped then are worth something but as soon as people figure out how to sell then they dump. Some of those drops were massive. I didn't put a penny into those bags and they just fell from the sky.
Some were community tokens like POB and VYB. This was another airdrop with a long term goal, but I watched that account deflate from thousands of dollars to hundreds of dollars. Hive has maintained relatively stable and Hive dollars are even giving interest.
Now governments are offering high interest rates triggering inflation. Houses, gas, food go up, but salaries remain the same. Bitcoin seems to be stuck somewhere between 35,000 and 45,000 but history and the nature of Bitcoin tells me it won't stay there.
When I consider what I paid for these coins I feel consoled in the shit I hold. It is not a loss. I bought things low but now some of those things are returning to that low. It seems like there is a race to get dollars again.
I guess my only financial advice is to grin and bear it and try painting the big picture.
Let the Muppets Rock You
Why did Disney have to go and buy these guys too?
It's life
The picture I painted in the Fresh Paint program came from this photo.
My tribute to the Chesire Cat
Based on Mary Evan's Print
Can you picture that?
Yeah… you never ever know which Crypto will head for the Moon, and which Cryptos will crash to zero…
The moral of the story is to always sell a little crypto every day … or at least when they make all time highs… also buy the sudden massive dumps, and then sell when they go back up 100%… but the best advice is to just invest what you earn from blogging.
Blog Everywhere.
Blurt, Dtube, 3Speak, VYB, POB, Hive and even Steemit…. Power up 75 % and sell 25 % to buy the Bitcoin Dips on Ionomy.
Before you know it you will have a lot of Bitcoin.
Keep your fiat to buy food and other essentials.
The prices plays with our emotions but like I always say we have to stick with our plans when to buy and sell or trade in order not to experience a realized loss. @mineopoly
For me I just wanted to have an insurance that I can pull something out from my pocket in times of emergency like when I had to undergo an appendectomy, I sold some of my cryptos so I can pay back my brother who temporarily paid my bills, if I had no funds really I would have died a painful death.
I had no more desire to go for a vacation, fancy cars, clothes but any additonal gains that I will get will just be a bonus and from that point I might look at my original goals if they are still feasible to work on with :)
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