The cards aren’t fully on the table yet, but honestly, this bull market feels like the shittiest one I’ve ever experienced.
Overnight, some overblown FUD triggered the OpenAI investors a $160B valuation company, after DeepSeek built an open-source GPT with $6M sending the NASDAQ and the entire crypto market into a freefall.
Living completely off crypto while dealing with such a weak altcoin market is stressful as fuck. It honestly feels like the bear market never ended, even though we’re supposedly two years into this bull market.
Back in the brutal 2022 bear market, I made a promise to myself: carefully pick my players for the bull market and stick to them until mass euphoria. Well, as you can see, we’ve had more drama than actual across-the-board pumping.
We’re stuck in what @edicted would call a “crab market” for most altcoins. And during this sideways grind, I’ve traded and swapped positions so much that my portfolio is barely recognizable. It made perfect sense up until May 2024, and damn, I regret not sticking with those holdings—or, better yet, selling a chunk near that local peak.
But regrets don’t change shit now. Honestly, I’m tired of regretting. Maybe it’s best to do absolutely nothing for the rest of the year and just offload some chunks of this tiny portfolio near year-end.
The blood, sweat, and tears we pour from the bottom of the market to its peak often feel so pointless. At some stage, everything pumps. No matter how much effort you put into trying to spot the top performers and ride them all the way to the moon, it’s almost impossible to nail it perfectly.
I’ve learned so much over the past four years, but I’ve also grown a ton of gray hairs in the process. If only I had a decent fallback—a real career or qualification—so I could step back from the markets and do something I actually enjoy for a while.
But that’s just another big frustration of mine, one rooted in the seeds I planted back in high school and college.
No matter how wild this bull market gets for the rest of the year, I’m going to stay cheap on myself after all the shit I’ve endured over the past couple of years. I know I’m not great at holding positions for the long haul, but at least I’ve learned the importance of preserving capital.
This bull market feels so different from the last two. In some ways, that’s good; in others, it’s bad. What do you think?
Thanks for your attention,
Adrian