Being stoic while the markets bleed
I haven't been in the crypto sphere for long at all and I'm still very much a newbie in terms of what there is to learn, but I like to use opportunities that present themselves (or that I research) to learn more about the whole range in general.
Only 2 years ago I wasn't even remotely thinking about crypto, it was an "out there" concept that seemed to complicated to get into and was plagued by the usual nonsense of naysayers and doom-n-gloomers. I would like to think that now it has a better reputation and is being more readily adopted around the world.
This time last year I don't think I had very strong goals for the year regarding my portfolio or how I was going to use it, it was just there. I can remember two very different instances last year where I looked at my portfolio and felt two vastly different emotions.
The first was in April when BTC hit $63k and I was in the kitchen making coffee with a smile on my face after seeing what my tiny BTC investment I had put in months before had now grown to.
The second time I was sitting in my wingback chair, it was just after my daughters birthday and my ex was blabbing some rubbish at me, I wasn't listening - because I had just seen my investment slashed to half of the value that it was just a few months prior.
I remember that sinking feeling, I remember the feeling of being defeated. There were definitely other factors affecting me that substantially added to that, but in that moment, I felt done - I wanted to throw my hands up in the air but I was too tired and deflated to even do that.
And then I did something so stupid! I let that emotion get the better of me and I sold my BTC. I broke even from where I had bought it but it was the most illogical thing I did in crypto. The markets were red, everything was bleeding and I panicked.
Oh boy did I kick myself later in the year!
[Original Image Source](https://pixabay.com/photos/girl-woman-looking-silhouette-2619115/)Well, I'm ok with it having happened because I learned my lesson loud and clear when the market later bounced back to $69k and I realized the folly of my ways!
I'm sure that many people have done similar when they first started.
So now everything is red and I've watched my Hive wallet and Binance balance drop to less than half of what it was not that long ago.
While it is depressing to watch, I'm standing watching with my arms crossed and refusing to move in a stupid direction. In fact I think I can say this for my life in general. I've been in observation mode the last week and I'm not selling anything, I'm carefully choosing what I want to buy and when.
I've gained some excellent advice from people here on Hive and I've kicked myself for not having started doing simple things from when I first started on Hive like making use of PowerUp Days, but I didn't know how anything worked. I'm still learning and at least I can say that I've had some growth in both my overall crypto holdings and in terms of my Hive account.
While there are many saying that the bear market has now been initiated, I am using it as an opportunity to buy low. I'm not sure how low things are going to go and this will be my first bear market that I'll have to hibernate through, but I'm adamant that I am going to weather it stoically (like I have so much other shit in my life) and simply continue to push forward, be better and build on my new foundation. I'm still better off than I was when I had no crypto at all 😁
[Original Image Source](https://pixabay.com/photos/archer-archery-sunset-arrow-bow-2345211/)Posted Using LeoFinance Beta
