The biggest fear of a typical crypto person is missing out, especially if they miss out on life-changing opportunities either because they liquidated too early, or because they sold when the price wasn't justified. However, people have different reasons why they liquidate their assets. Sometimes it could be a life-and-death situation, and you pretty much can afford to have a stash will you desperately need money to survive.
Whatever reason people have for selling when it isn't the bull run, it always comes back to haunt them because of the regret of missed opportunities. So, everyone is scared of missing out, we only get to live with the regret and move on.
However, some people genuinely feel happy when the market is doing badly. It's not because they hate crypto, they just didn't feel like anyone should take profit if they aren't taking profit. These are the different forms of manifestation of greed in crypto.
There are many reasons why people don't invest, the two major ones I've seen are not having the funds or the fear that the market will not reach the desired expectations. Most people blame their inability to invest in funds. Which is absolutely true. Not having the right amount of money to invest is always a problem, especially when you know the futuristic consequences of this. Knowing the consequences of something beforehand makes the regret even more painful.
There's simply not enough, even for people who have spent a lot. No amount of money's thrown into crypto that's too little or too much. The sameness among people who are investing small amounts and people who are doing huge figures is the belief that they're not doing enough, especially to satisfy their intent.
Every typical crypto guy has a dollar here and there in different assets, but this hardly qualifies as an investment. Any money in any coin that would not be substantial enough to change even one aspect of your life at the peak of the bull run is not considered an investment. Investments are made to change financial situations, and because the bull market only comes once in four years, it makes it even sadder to know that there were months in the market where you could have changed your financial standing.
Hive, First & Foremost
There are hundreds of undervalued projects out there, and our own native Hive is one of the most exciting. Some of these projects will never show any signs or significant push, they'll just suddenly pull up and begin to do incredible numbers. These projects and their coins are the silent giants of the market.
So basically, I am one of the people who are bemoaning. Always vocal about not having enough to throw in. My case is understandable, I can live with myself if I miss out and this is because there are other things I need to cry about other than missing out. This does not mean I won't mind having some money to throw in. I would of course like my unborn child to have a crypto-affiliated life, but this is mostly thinking for someone other than myself.
SPS & BRO
There are great assets to buy in the Hive ecosystem too, that almost guarantee you some profit. SPS and BRO. these two have got some serious utility and their investors barely sell. The tokenomics of the latter is great and for the former, you can't just go wrong with it. Some games did well in the last market, but this time around, I don't think many games might replicate what Splinterlands is currently doing.
BTC & ETH
BTC and Ethereum are a must. Owning them just gives you surer funds to diversify into the alts. I owned some BTC and ETH in the last bull, and I got them when the price was very low, and I sold them almost at the peak of the market, the profit was massive. While they don't give you that utility, the profit can be substantial enough for your diversifications plans.
Meme Coin
One meme coin might not be too bad. For the fun and wild experience. Personally, I cannot invest more than $100 in any meme coin. Not that I have the money, but this resolution helps me not to go overboard should I be in a financial position to afford $100 to put in a meme coin. Meme coins are the unpredictable factors of the market and most times they're just there to help you boost your lot and not because they're futuristic or anything.
What Next?
It's not bad to have a vivid plan, even if you don't have any financial backing. Sometimes not having money but having plans is a motivation to do something about not having money. It's almost foolhardy to believe there will be a bull market without people getting rich here and there. It's no longer a bull run if we don't see those figures that no one expects from underrated projects. From 2023, 2017, and 2021, the market has not disappointed, and thinking the market will disappoint in the coming run is a fool's assumption. Stay sharp and stay active
Interested in some more of my works
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Playing The Survival Game: Human Nature In Introspection
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Posted Using InLeo Alpha
I agree with you completely! I have been holding some Dogecoin and it more than doubled in price over the month. I was lucky to take profits before the BTC correction, and bought back in cheap again. SPS has potential if Splinterlands can attract more players. Hive of course would be great to see it hit one dollar! Crossing my fingers!
How are things going over there?
You should take profit off your doge when you feel it's hit it's peak, never can trust the epic rise of a meme coin. Hive will definitely exceed one dollar. I predict it to hit 4 at the peak of the bull market. As for SPS, let's see how it goes.
I'm just here, hoping my medications begins to work as soon as possible
I hope it does too. My hip flared up again, joint inflammation has been a problem since I got the COVID vaccine. Makes doing anything hard when it hurts to walk. I hope you're feeling a little better!
I will keep on saying this that $hive has a better prospect for the future.
It does, I believe so too.
I'd go with Hive, LEO, LENM, BTC, Monaro and maybe some SPI/EDS/BRO. I won't really be buying anything right now though.
Like you, I won't be buying anything either. Although I did buy some hundreds of SPS, I don't know if it's up to 1k or more of SPS just yet. I'm still buying.
BTC and ETH are a must for me too, especially in the mid to long term. The next on the list will be Hive and Hive engine tokens like EDS and LEO. Life changing investments often take time to build but with each passing cycle, we can get closer to achieving it provided we keep on working towards it.
I bought some Leo in the past and didn't take profit when I should, it really haunted me a lot. It hit 1$ back then and I didn't take profit. But BTC and eth is a no brainer for anyone.
It's always hard to get that part about taking profits right. Leo could climb higher than that this bull cycle, interesting developments happening with the project.
I’d have just gotten more Hive. Hive is a very promising coin even though the price may seem low for now
I wish to acquire more Hive and that’s why I’m working hard on here. If I can’t buy it, I just earn it
Well, any way it works for you.
I think I’d probably get Hive, Leo, SPS, BTC, Solana, Quant and DOT. Maybe throw a few dollars at some random meme coins too:)
Nice picks, man:)
Good pick indeed, unfortunately, I won't be following my own advice. I want people to take a cue and do it rightly in the Market.
This is so true Joe
Now I know that I haven't invested
I actually took 100 dollars to buy different coins in mexc and solana too, all at small dollars each🤦
Maybe I should have even buy one meme coin? It's my first going to experience burl run and I feel I haven't positioned myself better
@sagarkothari88 vote
My past strategies were to put money in whatever coin my friend told me back then, and then channeled it back to hive to power-up in 2020, it paid off largely. You can buy a meme coin, but do your research, meme coin can make or mar anyone.
My past strategies were to put money in whatever coin my friend told me back then, and then channeled it back to hive to power-up in 2020, it paid off largely. You can buy a meme coin, but do your research, meme coin can make or mar anyone.
It's alright
Thanks Joe
Thanks for the vote
Uwc
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