For the last few weeks I've been watching the numbers rise; a calm washes over me, and I think, it's looking good. Then, boom. We fall through the floor some more; it levels out, and I think that it'll be okay, then boom, it drops some more.
Why, god?! Why?!
Every so often I'll see a decent opportunity to sell and buy in a bit cheaper, accumulate some more, and wait for the rise. But, it's so scary.
Being out and waiting to re-enter is the worst feeling. Especially when it is based on absolutely nothing more than a gut feeling.
The other day, I sold about 7k Hive at 25.5 cent, and waited to re-enter at 23.6, I figured it would be a decent enough earner, and I'd walk away with about 400 Hive.
I waited, and watched as it hovered around 24.7 for what felt like days. So, I bit the bullet and got in around there, then - literally a few hours later, it dropped down past 23 cent, to somewhere around 22. I was sickened. In the end I made about 100 Hive, which isn't bad, but still.
Every day I check in and see my portfolio has dropped another €100-€300, or on a really bad day, €500+ and every time I see it I think, "I could have sold and gotten back in there."
Missed opportunities, that's all I see when looking at this drops. I'm afraid to sell though, because I know if I do it'll go the other way.
Random Bounces
Last night BTC was up to 88k, and I was thinking that this downtrend/ sideways movement was over. Now, boom, we're back to 83k, but what's worse than that, the alt market has dipped across the board.
At this point, I'm thinking we should get out and start chanting or something, form a circle and dance around a bonfire to appease the gods.
On one hand, I don't want to even look at it. On the other, I'm afraid to not check in.
I've even gotten to a point where I don't want to talk about it when it's up, just incase I temp fate and make it plummet, that's how fragile it all seems at the moment.
In the grand scheme of things, Bitcoin moving 5k in a few hours doesn't seem like a big deal, but seeing the alt market falling drastically is kind of scary.