First Post (Evaluation)
I was reading someone's post on Hive today, and he mentioned how the bull run had disappointed him. He had been waiting for years, and 2024 seemed to be the year; however, nothing happened other than BTC doing what it does best.
Then he had to wait until 2025, and the dump that occurred on Sunday felt like a kick in the scrotum. He talked about having some university certification and how it has not helped him financially in any way, but at the end of the rant, this guy managed to pat himself on the back, believing that this year will still be a huge success.
Second Post
I read another person's post, in which he described how working 9 to 5 felt like living hand to mouth.
He discussed how crypto is what allows people to be financially free, and how a person can work their entire life and never make enough money to live comfortably other than to feed and pay their bills.
Although he believed that people required adequate crypto education and a reasonable investment to get started, it was still preferable to working their entire lives and never truly living.
At the end, he was able to discuss his progress, including how he began with zero investment and now owns some web3 investments, as well as how he intends to continue showing up until he becomes financially independent with crypto.
What did you noticed?
If you look closely at these two scenarios, you will notice that they began by discussing their failures and ended with hope. I believe that crypto in general will put your mental capacity to the test, and because of the gains and profits, people who are involved tend to lose their minds.
The reason we have so many sentimental posts on various web2 timelines is because people are scared and confused.
This is why a person can be involved in crypto for ten years or more and never make a decent profit; they are either jumping from one coin to another or selling when they should be holding and vice versa. As the popular saying goes, if it was easy, everyone would be rich.
Why Chase when there are no guarantees?
So why do people continue to chase crypto, and why does adoption occur every cycle, despite all of the drama?
It is simple: you have a chance with crypto if you are properly educated, updated, learned, and make the right choices.
Unfortunately, people make more mistakes, which is why things do not always turn out the way they want, forcing them to wait patiently for the next cycle.
With crypto, what we mostly do is survive today and die another day.
What I mean is that people find ways to encourage themselves even when they have made the worst decisions, and doing so allows them to get back up and try again. Getting back up is never easy.
That is because you have people saying different things, and because you are emotionally determined to succeed, you end up listening to things that appear logical or appeal to you more.
This is how memecoins thrive.
When they are (meme coin) pumping, you will think they are the greatest thing since slice bread. You will notice them doing x100 while utility projects are barely moving.
Since the logical concept of crypto is to make money by all means, the project does not matter. You see, if you let it, the market will erode your loyalty. It makes you believe that what you are holding is dead and what you are not holding is the real thing.
We often forget that the grass is not always greener elsewhere. Unless it is BTC in 2024 or early 2025, there is no certainty with the other stuff. In every cycle when BTC starts consolidating people begin to flee and forget that that initially called it digital gold and all that sweet names.
The market makes you disloyal, but remember that loyalty is rewarded regardless of how long it takes.
In essence, I believe it is critical to endure every dump, shakeout, pain, and misery. When you are shaken off due to a lack of faith, the pain is even greater than when your bags were dipping. So, survive today's emotional trauma and find ways to comfort yourself.
There is nothing wrong with complaining and being frustrated; in fact, you can get angry and threaten to leave, but don't. Instead, dump or sell your bag (if you are convinced). This is actually where the temptation reaches its peak. It is like running the final lap of a marathon and swearing you will die if you take one more step.
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe
