BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.
Sounds like you are caught in the rinse cycle, like most currently are.
Wash, rinse, repeat.
You can expect ever more 'artificial' wild swings in the crypto markets until further notice, with enough time in between to cause this type of sullenness towards crypto in general. As long as the money men have control of the crypto markets (and they sure do) the sentiment for crypto will continue to degrade causing more and more people to capitulate.
If people understood this is a battle for our future and that our enemies have more time and resources on their side, I'm sure more people would be more patient and less worried about the immediate future.
The slave dollar has lasted so long, people are desperate for yields of any kind. So desperate, they can't see the forest for the sake of the trees and attempt to make money in a space occupied by our worst enemies.
I got caught up in the swoon early in 2018. You can't help it. But in retrospect, I learned the crypto markets are still too immature to support our dreams yet.
When the masses realize what we already know, the amount of money flowing into crypto will be staggering and when that happens the money men lose control and we start seeing cryptocurrencies finding their legs.
Until then, the best thing to do is tons and tons of research with conservative investing, maybe getting involved in a few passive income schemes like signature bounties or what have you to augment your investments.
Not only that but getting involved and working for projects is the best way to get to know them and judge their worthiness for investing.
And, as always, playing in this market means you will lose money now and then. Just make sure you keep those losses to a minimum and never invest what you can't afford to lose.