I kept on getting an error with the new Leofinance UI so I applologise for posting using Peakd Leofinance.
When it comes to Crypto boring is good as it means we are in the accumulation phase with everything going sideways. The growth achieved over these periods is massive for the overall portfolio as long as you stay consistent. Many tend to do less or relax, but this is when you should be the most active as this is when making the difference happens.
The accumulation phase is the calm before the storm and the longest period in a cycle as it is a process of building up to the next phase. There is normally low liquidity being traded daily as most of the sellers have already left the market. Those in the know remain active as this is the best time to grow.
We all know we are not lucky for the positions we find ourselves in as some serious work and effort has already got us to this point. The normies have no idea what it takes to be successful in crypto and there is a lot of effort that takes place with "luck" being the opposite of what I would call it.
Weeks turn into months which then turn into years but it will all be worth it at some point and the word "luck" is kind of a slap in the face knowing what has taken place. Months of research will end up being years when we finally reach our dream targets and this is what is going to set us apart from those who don't take crypto seriously and apply some effort.
Most of the time crypto is moving sideways so the sooner you identify your chosen crypto the better as the staking will just help accumulate growing your bags via whatever APR is on offer. Earning coins each day without having to trade removes the risk letting the compounding effect take over. It is slow growth, but ever so affective as it is consistent. Reinvesting the rewards back into the stake is the only way to be thinking right now.
This is my favorite time of the crypto cycle as growing and staking means only one thing and that is more value is being generated. If you can master this period then you have won half the battle as the rest should be easy. People don't have the patience as why rush when each day you are only adding to your portfolio values. Price becomes irrelevant once you have a large stake and passive income is now being generated.