Focus on positive experiences when accumulating ETH

Focus on positive experiences when accumulating ETH

By cryotosensei | CryptoSensei | 14 Jun 2024


Focus on positive experiences when accumulating ETH

The crypto world is full of twists and turns. Even if [Bitwise released data that states how Ethereum generates more revenue than publicly listed companies including Robinhood, Etsy, Yelp, Reddit and Moderna](https://x.com/BitwiseInvest/status/1800176317599809836), we cannot assume that it will always be on an upward spiral. Even if the ETH ETFs start operating, larger catastrophic events that inflict harm upon the crypto ecosystem will cause ETH to be on a dip as well.

If we cannot control the price of ETH, at least let us control our reactions towards it. Research studies have shown that if we are inclined to endow positive events from our journeys and extract joy from recalling exhilarating experiences, these memories will serve as a source of enduring happiness for us. The dividends from having a positive mindset are huge as they bolster our resilience against negativity and maintain our focus on HODLing ETH.

However, if we keep ruminating and replaying the negative pricing experiences we encounter with ETH, we may beat ourselves up over our perceived failures and mistakes. Losing heart and faith will distract our attention from accumulating more ETH.

So, next time when a dip occurs, think about the times when ETH surged and believe that it is just a temporary setback. Don’t associate it with past dips and make yourself upset for nothing. And this is Sensei’s advice.

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cryotosensei
cryotosensei

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CryptoSensei

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