Hello Steemit friends,

i don't know how you feel today but my best guess is a bit uncertain because of the indecisive moves of the whole crypto market in the last days and weeks.

👍👎👍👎👉...

I'm not happy about that situation because i'm human too with emotions and with a gut feeling. This spontaneous reaction is normal and natural and it is no fun! But what can you do in times of uncertainty and pain. My first move is always to talk to myself and make clear: "That's just a feeling, is NOT evidence of reality!" and second carry on.

To get a better perspective a quick look at coinmarketcap.com from the beginning of 2017 until now.

We (You) had a incredible bull market over a the whole year until the market tanked by -60% in one month. The following table is a quick summary of the ups and downs in that timeframe:

Date	market cap billion $	factor increase
2017-01-01	18	-
2018-01-07	830	46
2018-02-06	325	18

For people who were already invested before that timeframe they should show a big smile because a 18-fold increase in about a year is something almost impossible in all other markets like stocks, bonds or metals. But if you were late like myself (first contact in May 17) or you sold too early your coins then you are possibly feel some pain. I think there are many people who regret something because nobody can time the market perfectly (means exactly knowing when there is a alltime high and when it's at the bottom and what coin is the best to invest in.. in one year you would be a billionaire.. maybe 0.001% accomplished that).

I'm so upset now, what should i do?

I can just tell what i do. Often i do

nothing special

i simply continue my daily rituals like reading news in Cointelegraph and Coindesk watchin from time to time in Blockfolio or coinmarketcap.com especially the social tab for news about a specific coin.

(click the links above to reach the websites)

I have also a spreadsheet where i track projects and coins to get a clear view of the development, especially roadmap and i check them at least weekly to know about their progress.

That's boring.. what else?

Ok, to give my general opinion about investing. I'm someone who are mostly in for the long term. There are some exceptions which are rare like:

SBD peak ($13) here on Steemit i did exchange for some Bitcoin
accept a failure and selling a coin with a loss (don't regret)
pump&dump by accident (EOS ICO experience)

But else i buy & hold coins and before that i read a lot about the idea, concept, roadmap, team, company, coin value, other opinions (videos, blogs) until it forms a picture of some certainty for success or fail. Communication channels like Telegram, Facebook, Steemit, Youtube are good to get a sense how they behave (honest, open, deceptive, unfriendly,..) and all that information gives a snapshot in time for me for evaluation. I follow my investment also after my decision and can see if i was right or maybe wrong. It is like a card game. In the beginning many cards are hidden and can be revealed slowly over time to see the whole truth.

Get a clear vision!

Don't get me wrong. I made failures and will make failures over and over again but what i always try is to know exactly why i'm in a project, why i invested in something and if the situation has changed over time. One important rule for me is not to blame myself or others and don't regret a wrong decision, because every decision is based on the available information at a certain moment and situation always changes over time!

If i look here on Steemit it is very clear to me why i came here and why i will stay, to list a few:

rendering by author, logo design by Steemit

incentivized community for quality content
meet great people, make friends
wonderful tokenization for real economic value
it has enough decentralization to work like a community projects
uncensored content
self-determined influence on the platform
tons of valuable tools emerging each month to make Steemit stronger
value appreciation of STEEM and SBD over time
strong user growth expected in coming years
it has so many options to act in the ecosystem and get a income - freedom!
you can make a living if you are fully committed to Steemit!
Powerup on Steemit works like a hedge against market downturns

No wonder why Steemit is my biggest investment currently. It is simply one of the most useful projects in the crypto space in my opinion. Honestly i never used social media platforms actively. Steemit is the first case i did because i see the value. Everything can and will change over time but that's my view currently and i will watch and also design the future of Steemit. Wonderful, because it's also my company now!

Conclusion

If you have a chance to look at the fundamentals of a project, a coin.. the usefulness, the real value behind.. and that needs some time then you will not panic, you will not run away if the price drops -10%, -20% or -50% or more.. you will stay patient because you know it is just a matter of time til it rebounds. I had my doubts from time to time but then i looked always at the real value, the working product and i instantly calmed down.. quite simple, just stay away from FUD (fear, uncertainty, doubts) in the media. We saw all types of that in the last months against cryptocurrencies and it will not end.. sometimes it's a pain.. and my reaction was to create memes like that..

..but if you know THAT THING IS UNSTOPPABLE! you'll WIN!

I hope my post could warm up us for a exciting 2018 and to never loose faith in a bright future of cryptocurrencies!!!

What is your gut feeling at the moment?

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Exciting times ahead steemit friends!

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What should i do? - Cryptocurrencies destined to succeed 😄👍 or FAIL?! 😓