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The MARKETS are Crashing! | or just another day at the office?

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@spinvest
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5 min read

Well well well, the market has completely shat itself. Oh no!! What are we going to do? Just when things looked like they were about to turn around, BOOM! -15-20% and back to reality. Life is shit and I'm scared to check the SPI token price on my excel sheet.

Is it that bad? Nah, not really cause SPI sold its ETH a few months back for $1550 and I know you might be thinking right now, sold ETH at $1550 when it was near $5000. That SSUK is losing us money. I know I know, I could have done better but we did buy them for $330 each so....5x 😏, plus we bought 9 and sold out 14 thanks to some defi yields. I've also been stacking and hoarding stables tokens for the past 4-5 months and we have a decent amount saved at nearly $30k.

For you personally, I'm guessing your wallets are down a bunch but you should not be worried at all. I would advise to not sell anything. For you, assuming you're a normal person (not a whale), my advice would be to hold strong and wait for the next bull run. It might be a few years but it is 100% the best play.

If you are tight for money between now and then, I'd say grind it out and take the short-term pain. I know that is easier said than done but you will always get by with what you have if you must. I'd rather put £1000 on a credit card over selling £1000 of BTC or HIVE. That's bad advice but from my POV, you pay 8-18% for a credit card which is 32-54% over 3 years and BTC will surely pass $100,000 next bull peak which is 5x from today and HIVE would I guess do the same or better. Better because its market cap is much smaller and fluctuations in price are more volatile compared to BTC. It's bad advice, or is it?...............yes, it's bad advice.

Investing is not hard when you remove all the bullshit, you have 3 options. You can buy, hold or sell and you should never put in money you can not afford to lose. It might take years between each move but make the right moves at the right time more times than not and you will win overall if that makes sense.

With crypto being a new asset class and the cycles currently taking around 4-5 years, we can assume most of us will see at least 4-5 cycles in our lifetimes. The opportunity this presents could be amazing and SPI will see massive growth. Here's how SPI has been going so far and very roughly what we'll do in the future.

Each buy will be HIVE, BTC and ETH mostly Each sell will be into stables

We can earn 5-30% per year with defi no matter our holdings and this will become more of a factor in the future when crypto tokens are no longer 10-20x each cycle. We seen in 2017 BTC went to $20k, 19x higher than its last all-time high of $1100 in 2013. Last time round in 2021 BTC went to $67k, 3.5x higher than its peak in 2017. If BTC can 2x from $67k to $130k for 2025, I think that would be a conservative prediction and an excellent return on the $9k we invested in our 1 BTC holding.

For SPI and all the tokens under SPinvest, these red days where we lose 10-15% of our fund value are not really anything to worry about. The markets go up and down but they don't act quickly. When a crypto chart looks like it's gone sideways for 2 years, chances are there were lots of ups and downs during that time. If you can think a few years ahead and look at the bigger picture, you'll see it's not that hard.

Markets will always have bear and bull runs and the markets will always trend up over the long term. The best play is to flip in and out of crypto 1 time per cycle or just HODL for dear life. If you can sell at 70% of the cycle peak and buy back in at less than 30% from the bottom, you could make massive life-changing amounts of money. If SPI were to 2x every 4 years for the next 20, the fund would be worth $5 million. If dividends were equal to 10% APY, we'd be paying $10k a week to investors.

We are around 6 months off completing our first 4 years and I think we're about 14-15x our seed money so 2x every 4 years would be us really slowing down. 14-15x even after the market declining 70-80% over the past year.

To wrap up, we see a blood bath on the crypto streets and what do we do? SPI does nothing, we stay off the streets and wait for better times. As the decline continues, we keep on converting defi harvests into stables. When the markets confirm the bottom has passed, normally a few months after it happened, then we can start to buy in. We buy in for $20-30k and hope to hit it lucky and get within 20-30% of the bottom and then DCA for like 2 years after that until we're worth 7 figures.

SPI peaked at just under $500k in 2021, you think we can pass $1 million during the next full run? I would guess yes and I would also guess we'll drop below $1 million again but maybe after 2 bull runs, we will remain a million-dollar fund and then we will be able to claim to be a proper million-dollar fund. Crazy stuff from no more than $14k of seed money back in 2019.

If you are worried, don't be. Just grab your balls or boobs and know we'll come out the other side smelling like roses and new Lambo. The hard part is filling in the time and not doing anything. Sometimes less is better and when it comes to investing, I think this is true. The markets are down 20-30% today, so what? Whatever happens today, this week are even this whole month will have little to no reflection on the overall market in 10-20 years' time. Dont pay to much attention to the news because we are in a bear market and there will be a lot of FUD saying that crypto is dead again. Suck it up and diamond hand.

I'd say most of us are not too bothered about this red day but maybe a few of us are worried as it's their first market cycle. If you plan out more than 1-2 years, you should be able to accept that sometimes your investments are going to drop 50-70%.

Have a great day folks, dont check your portfolio tracker for a few days and you'll be good.