Stop Watching And Walk Away
When we see the market crashing around us like it is currently we must never forget one thing. Prices change but the fundamentals don't and that is what is the most important thing. Yeah right sounds like a load of cock and bull right now I know, but there is some truth to it somewhere.
Crypto is here to change lives not only by filling your pockets full of cash, but also the technology that is being added. Over the last week I have changed my portfolio that I had invested in as there were just too many "if" coins. The "if" this happens or "if" that happens are just too high risk and the need for definite bankers is a must. Thankfully I sold and rebought a few hours ago so maybe this is the bottom, but at least I am not rekt or even slightly depressed.
In the next 5 years or may even be two years many of the coins we see around today won't even be here, but the definites will be. The ones that have proper use cases plus a team developing them further. The meme coins I am sorry to say shouldn't ever be entertained and yet they are still being considered as an investment. Many want to make money and fast money not giving two hoots what the token even stands for. What has the market come to that a tweet can send the prices plummeting.
I can remember many saying the last time we had a bull run that the use case tokens will do well and the ones that don't prove themselves will fade away. What have we seen this time is yet again the shitty ones have still been out performing many with fantastic projects and this makes no logic what so ever. This shows an immaturity in the industry in general and still how early on we actually are.
When very little makes sense all you can do is stick to a plan of backing the ones that have some sort of technology and an everyday use case. Many of us have been in crypto or around crypto for years now and are kind of thick skinned to price actions to worry too much about it. I think when I first got involved price was everything but soon realised it wasn't as the price bounces back just as fast as it falls. Have you ever tried to buy something when it is dropping or rising as it is virtually impossible to do so.
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