It's funny how the whole world can turn upside down in a matter of days. It happened with covid two years ago and it happened this year, too, with the Ukraine war. Nothing is the same and nothing will ever be the same. If all of this was part of the great reset or the build back better plan is way over my knowledge.
My world turned upside down after wasting all my crypto holdings on LUNA just a couple of days ago, out of an immense stupidity coming from my side of course. Life goes on and there's always the next train to catch. I'm fortunate enough to have Hive, though, otherwise my crypto experience would be over now.
Since 2017, when I first bought my first coins, I have always had a crypto or two in my portfolio. Never completely out of the market. Now, aside from HIVE and HE tokens, that portfolio is totally empty... I had to learn that the hard way.
The lesson that it is to learn from all of this is that you don't always need to be in a position. Unless holding BTC for years down the road, I believe we should have times when we should be in stables or cash. That's how you maximize your profits.
I was never on stables, never actually took decent profits out of the market and aside from my HIVE and airdrop earnings I have not enjoyed a cent of crypto profits so far. I have literally gave it all back to the market. That smart of a crypto head I am.
You sometimes have to start from scratch, and that's probably the best way to learn and be more cautious when future challenges and temptations occur, cuz you've burned yourself hard at least once in life and that pain won't go away that fast and won't probably completely vanish.
I will at some point buy into the market once again. I don't know how much cash will I have available to do that, but I already "feel empty" without some coins in my wallet. My gut feeling tells me that the market hasn't bottomed out yet and thus I'm waiting for the final pain to occur before deploying capital.
I might be wrong and the bottom might be in, but even if I'm wrong it's still a winning bet. Why, you might ask. Because although I'm wrecked, my Hive habits haven't changed and I can still earn some coins in here that will at some point once again appreciate.
What I want to do different this bear market is to get involved in more crypto projects that you can earn from. We've come to a point where you don't necessarily have to take too much money out of your pocket to be able to make yourself a portfolio in crypto.
You can create content to do that, move and earn tokens, which I have started doing via the actifit app lately, there are games that you can profit from as well, which I haven't tried already and, soon we will have plenty of tokenized activities that we can get involved with. So why not make the best out of these.
A 10x in crypto is not that hard to achieve, you just need to start loading early enough and if this bear market will resemble the previous one, then 2022 could be the year to accumulate. The levels that I will be starting to accumulate would be $0.10-$0-30 for HIVE, $20 for EGLD, $3-$4 for ATOM and so on...
I believe we haven't reached the bottom yet, based on my past experience with the 2017 bear market and hope to be playing this game good for this cycle. It might be the time to do so...
Thanks for attention,
Adrian