As the prices continue to crumble and the market cap is painting a really grim picture, I decided to write today, on a Sunday, on a day that I consider to be a day off from writing altogether. But I usually write a mandatory 'have a great weekend/Saturday' post - and I realise that in these tough, troubling times, there is no 'great' or 'good' to look forward to in the markets.
We are bleeding. All of us are. And the bleeding will continue. It has to. And we have to endure. We must. And we will.
What we must do? Well for starters - stop selling. It is rather counter intuitive, yes, it is rather painful - but we must stop selling in order to start stabilizing the markets. Otherwise, we will be faced with a multi-year bear market, and just the mere thought of that sends shivers down my spine.
If the trend continues, then the next bull market will return when you no longer remember what it was or what it felt like. Mark my words - these are dark and tough times that we live in.
And I may be sounding like a broken record here, but here I go one more time: we have to continue accumulating. There is no other way out of this. Make a program, invest slowly and only things that you can afford to invest. 5%, 10%, 20% of your paycheck that you do not actually need - invest in BTC, ETH, HIVE. Maybe SOL. Accumulate, accumulate, accumulate. That is the name of the game. That is the way to go and to proceed.
In the last few days I have read "I'll buy $ETH at $700" like 1 million times. Twitter is indeed a bitch, eh.
Just so you know, to all of the people that have said that: When it's at $700 you'll want to buy it at $300, just like in 2018 when it was at $80, you all wanted to buy at $40.
Everyone is a gangster bla bla bla. Stop it. Start putting your heart where your mouth is. I always said that I would be entering the markets if ETH touched the 1700$ mark. It did. And I entered. And now I am not looking back.
I will be sharing another investment of mine into the dip - an accumulating one next week. I intend to double the stakes that I have in ETH and BTC. SOL maybe not. I am still thinking about it. For yes, it is alarming. Alts are bleeding like crazy - but I think that we still havent seen the worse yet.
Why you might ask?
Well, because it has been close to 10 consecutive weeks of pain without reliefs, first time I see this. And I did some research - I did not find a similar period of 10 consecutive weeks without reliefs in crypto EVER. Please someone more experienced, correct me if I am wrong on this one - but as far as I researched, this is truly the worst period of crypto in ages.
And that is why this period will be turning point for many people who are leaving right now and will leave in the next months, sadly enough.
For me? The market would have to go to 0 for me to leave. I am not leaving. I am here to stay, and fight.. and accumulate. More and more. Whenever I have the opportunity to do so. Accumulate HIVE, accumulate ETH, accumulate BTC.
Because money and riches are made in the bear market.. not the bull one.
Let's start getting rich now. Today. ACCUMULATE.
