The Present Expectations & The Fear Of The Future
A lot of people started the year with so much positivity and this is probably because a new year, comes with new expectations. Many people were jittery, as to whether there will be a regression or a progression in price but then, I guess more people knew that we'd had a massive regression this year.
I feel the bull came with a timeline, as we were already seeing little ups from way back in 2020. I felt what we had starting from 2020 was way better than what we had in 2017, because the bull market of 2017 was huge and short, and a lot of people didn't predict the hit that would happen in 2018.
I feel that the bear market we're experiencing now gave a lot of signs, some people took profit, some only lived in the moment, but, irrespective I still feel that the bull market brought some positive accomplishments and even if we're now in a regression.
Expecting The Decline
Many people already knew that it was coming. The decline has been happening since February, Since the dip is expected, some people fail to prepare for it because it's scary to think of the bear. A lot of people think it's all about the loss to the dollar value, but there's more.
There's the uncertainty it brings and how it generally tests your faith, a lot of people fear the future because of the predicaments of the present. This is because we're quick to predict the outcome of the future, by looking at the underlying conditions of the present, but this isn't how it works with Crypto.
However, it's difficult to change our mindset so easily, because our mind is set and conditioned to believe something and it takes time to change.
The Bane Of Being Stable-minded
We're not easily swayed or flexible and this is why we're more stable-minded rather than volatile. At the moment, everyone is scared of the future, some people are supposed to make some reasonable choices at the moment, but they're scared of the loss they might accrue in the future, even if their experience with crypto has been anything but bad.
This is to say we judge our present with the future and not the past and the proofs it's given us. Sometimes I feel, we only need a one-time bull market to be financially free but the reason why no one becomes financially free from a one-time bull market is because of caution.
Cautious helps us to set a limit or a balance, so that if the bull doesn't eventually come, then we wouldn't get burned so badly. The truth is that caution is a measure of safety as well as limitation
More "Bulls" To Experience Financial Freedom?
This is why some people might see close to 10 bull markets to hit the financial freedom they should. However, no one can completely play the crypto game of all profit: sell all during the bull and buy everything back during the bear this is because no one would take all that risk.
It's your perfect Model to become very rich, but only a few emotionless people are doing it. We cannot take away our emotions from crypto and these emotions might be a life buoy but it also takes away our concentration from the grand scheme of things.
Nevertheless, crypto is always here, and there's no haste to become rich quickly. We can always take the years and the learning curve that comes with it, hence it doesn't matter how long it takes to be finally financially independent.
The Skepticism Of Safety
There's a lot of skepticism that comes with the bear season, it makes it difficult for us to even assume preparedness in the face of doubt and uncertainty. This is why we end up having regrets.
Sometimes our regrets are caused by our fear, we activate our fears to prevent us from making terrible mistakes and we end up hating the fact that we were fearful when we needed to be bold.
We cannot change the fact that we're human. Attaining perfection might kill the beauty of living. This is why it's important to take the lessons that come with every learning curve that's available out there. Crypto remains crypto, our sentiments are what tilts.
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@Josediccus, your brother-in-pen & heart
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