Imagine four kitties on the terrace of a restaurant, near the Danube, and imagine two guys sipping some hot tea and coffee at a table with all the kitties around them listening to their stories. Those are me and a friend of mine who just came back from that restaurant that I am talking about, after a long chat, accompanied by cats.

We stayed outside because it's not aloud to smoke inside...anymore, and my friend being a passionate smoker we had to do that. The place is equipped with blankets and heaters so you can't say that you freeze there, but it's not 20°C either. Still... a good evening night spent with a good friend that I haven't seen for a while, talking and laughing.

He's the guy who told me about crypto and helped me create my first jaxx wallet, and of course that most of the talks were crypto related tonight. With the bitter taste of frustration though, although we had sugar to coffee and tea. Yes, frustration, because although we're in crypto for more than two years we haven't made decent profits out of it.

We didn't had any strategy at all, we jumped from coin to coin in the middle of the 2017 bull run, and we slipped tens of thousands of dollars of possible profits through our fingers , which is not pleasant at all. These coffees and tea would have tasted better if we would have made it... in crypto. He bought, for example, XLM(about 30,000 coins) when was 2 cents and sold it at 7, to buy it again at 9, so he won't lose the train, just to sell it at 5 out of the fear of going back to two cents. ATH: 90 cents, do the math.

That's what happens when you want to make money but you don't have a clue in what you entered and you don't have an exit strategy or risk management. Now we kind of have some lessons learned, on the way, but my main frustration is that I haven't sold some of my crypto, this summer for example, when we have had a pretty nice bubble. Looking at how crypto prices are swinging lately, I am fearful that they might get lower and lower and we might touch the December 2018 levels once again.

I couldn't say that I haven't had the chance to sell though, and I couldn't say either that I haven't observed in the past that such an aggressive spike must cool down, obviously.... However, I haven't took profits and that's why I am frustrated. What's even worse, for our moral, is that both of us believe the prices aren't over with the slope sliding and our portfolios might bleed even more.

No hopes at all for the coming months... We might be wrong though, and I hope we are, but who knows where the market is heading. I have the feeling that the retail investors that we had in 2017 are not coming back and institutions such as Bakkt and CME are only screwing the price more than to bring more investors that put money on the market and drive the price up.

I wonder if I will ever have the chance to dump my bags again to someone...dumb like me, in the middle of a bull run. I feel like we are closer to see national digital currencies becoming a reality than to be part of a new bull market. Hope I'm wrong... Time will tell, and for the moment, although I am fearful, I am not going to sell anything. It was clear to me ever since I started investing in crypto that it's a risky deal, so I might get at peace with it. It's hard though... and that tea was not that sweet when looking at crypto from this perspective.

Thanks for attention,
Adrian