Just Another Typical Day in the Crypto Markets
Bitcoin... Ruler of the digital realm, face of crypto currencies and bastion of decentralization. And a damn pain in the ass to @ezzy. Because I gotta admit, some days when you see your portfolio of alts taking a dive when Bitcoin decides to sneeze, the old grey matter can work in overdrive trying to figure out what went wrong. Asking yourself why investors won't pay attention to your beloved invisible asset whilst BTC, with it's old ass technology and slow network, still attracts preferential treatment. Yeah, being in crypto is tough, at the best of times.
Or it could be a stark reminder of just how early we all are to the game. How global interest is nowhere near the levels we think it is hence BTC is most likely everyone's go-to option. Whatever the reasons, I've been feeling it a little harder than other days. Buying and holding for months, if not years, can take it's toll on you. Luckily for me, I've got Mark, better known as @exyle, to unburden my mental anguishes upon. But for those of us who don't have an outlet for the misery caused by these markets at present, it can make you do... things out the norm. Like cash out or swap over to something deemed more worthwhile in your mind.
But the truth, there is no escape really. Myself, for instance. What are my options to bail me out of this spiraling alt-coin palava. Cash out into fiat and take the hit? But what if I miss the next bull run! Swap over into another crypto currency? But they're all going the same direction, except BTC that's already gone up so high! Go do something else completely and forget about crypto for the next six months? But I can't tear myself away from the damn screen! Lol, these are just a few thought that run through my mind when I get stressed over these markets.
But at the end of the day, if you can "weather" these turbulent storms of the mind, clarity is not too far off. I've been in this game now for coming up to five years. I remember telling myself to give it around a decade to fully realize the possible potential of this game. But nobody ever said it was gonna be an easy ride. I keep telling myself that. The good thing about Steem Power is that it's locked away. Preventing me from doing anything... shall we say "spontaneous", lol.
And I'm pretty sure I an't the only one who can feel like that from time to time. It's good to vent. Sometimes I feel that's the only thing keeping me sane in this choatic mess we call crypto. Somebody, trigger the goddamn bull market already!
