I don’t know about you, but I went through 3 years of crypto bear market after my first bull market of 2017.
Not saying that we’re entering bear market now even if we did, it’s quite hard to imagine a long bear market like 2017 given the Inflation crisis is getting worse all across the world after most governments fail to handle global pandemic.
2018 Bitcoin came down from $21k to $3k and ETH came down from $1k to $100 and most retail investors (First time investors) wasn’t prepared to HODL. I’m sure many people panic sold and some people were forced to sell to sustain their lifestyle.
Smart money is just dumb money that’s been through a crash.
Please see the short post by @cryptothesis and the picture can tell us many things. @cryptothesis/when-in-doubt-zoom-out
I’m certainly more wiser and smarter thanks to my life experiences and also last crypto bear market.
Thanks to my frugal living and minimalistic lifestyle, I’m more prepared to take extreme risks and I will continue to think long term with crypto and accumulate the crypto that I believe in while contributing hive BUILDers.
You make your own luck if you stay at it long enough.
I would like to finish this post with this positive quote.
- Experiment Name : Mini Crypto Question
- Reason for this Experiment : Treat LeoFinance.io like Crypto Twitter
- Comments : Only Yes or No (please!)
- Engagement : Zero (I read your comments. Please don't expect any response)
- My Answer : Yes
Let's have some fun with LeoFinance :)