Cryptocurrency adoption is a logistic function, Manchester United are sponsored by Tezos, Crypto.com bought a whole stadium, BTC is legal tender for a legit country. It’s mainstream now, just accept it, the real money to be made has already been made. A learning curve is also a logistic function, and the problem is if you haven’t been in Crypto for half a decade you’re nowhere near the top of the S curve of your learning. But the crypto currency space is near the top of the S curve. The gains will be minimal from now on and there’s not enough to be made unless you absolutely know what you’re doing. I don’t. I sold out of my crypto positions in February to buy a property. I don’t come from a rich family with a big network and plenty of opportunities and I can’t afford to lose it all to the hedge funds taking back their losses from the past 2 years.
I’m still in Drip.community and it’s still performing, I’m in the AnimalFarm.app and it looks hopeful. But I’m not holding any bags anymore, that shit is going to the bottom of the ocean. I’m not implying that crypto is dead, it’s not, it’s established and it’s a crucial part of the world we live in now. The moon boys keep telling themselves they’re still early but they’re not, BTC is over a decade old, every country has a policy on crypto and every bank has their fingers dabbled in it; yes less than 5% of the world hold crypto, but remember 1% of the world own all the money, and they’re already in crypto.
The BTC 85% drop is a real thing that has happened time and time again. We topped out around 7 months ago and it’s been nothing but downhill since then, probably until we’ve lost 85% down to 10k. BTC will rally again after that though, history does repeat itself.
What now then? Enjoy your life, take time away from screens, take a walk outside, join a gym. I heard Richard Heart say something that stuck with me the other day. He was talking about mental health and that therapy doesn’t work; 1 hour a week talking about shit stuff does nothing but guarantee you 1 shit hour a week. The happiest people are healthy, active and engaged in the world. Do what the happiest people do, get a new job, start a new hobby, get married, start a family, go on vacation, tan your skin, drink some wine. There’s more to life than crypto and investing. Don’t get me wrong investing is a hobby of mine, but when it takes more than it gives, that’s an opportunity to enjoy some time away from the game without worrying about missed gains and opportunities.
