Doh!

I bought too soon.

And I knew it too. My spidey senses were tingling, but I chose to ignore them, and I have paid the price. All of my "hard work" has amounted to nought. Well, that is not exactly true, because that hard work increased my token stack a little, so while the value is down, the volume is up. When the markets turn again, then things will look much better than they do now. But, it is "frustrating" when I consistently do this, as missing out on buying in lower, means having less to go up later.

When will I learn!

It is the way it often goes though. As I have learned and when I have decided to hold off pulling the trigger, I miss the buy altogether and it rockets up. Pull the trigger, and I miss getting a 30 or 40 percent discount, as is what is happening now.

There is little to "fear" at this point though, as while some people think that "it is all over", it really is just starting. This is the first round f what is likely going to be another year of ups, and downs. Get used to it, savor it, love it.

Are you loving it?

I would be more, had I waited and could be buying now, instead of buying the start of the dip. It might dip more from here, but the lower I could have got it in the red, the faster it would have turned green for me. Now I have to wait for ages for the markets to get back into the green.

I might be weeks!

Don't you find it funny how short the cycles are and how high our expectations become in crypto? We see the price go up significantly for a week or two, and then act as if it will never come down again. The current price of Bitcoin is down 15% from the high, and is the same price as it was two weeks ago. And, the current price is 25% higher than it was three weeks ago. It isn't exactly terrible, is it?

Entitlement levels.

Fight it as I might logically though, I still feel the sense of loss, even though I have lost nothing other than the nominal value as described in fiat. When it comes to crypto, all my token are still exactly where I left them at the top of the market. At least by volume. However, because we live in a largely fiat world, we have to often think in fiat terms. For now at least. One day, perhaps we can all be "crypto only", but perhaps we can start the changeover by being "crypto-first" along the way. Starting to use it more, and perhaps using it in a more "public" way. For instance, maybe if I book a holiday, I will do it through Travala (AVA) and use crypto, if the prices are similar.

The other day I had to renew my Wirex card and I ordered another, even though I have barely used it at all, other than when I first got it and verified it worked okay. Maybe I will start using some dribs and drabs.

But not at these prices!

This is the other problem I have with crypto, as spend it now, and then watch it climb. It is (for me) hard to let go of an appreciating asset, even if it is depreciating at the moment. Ultimately, the crypto outlook on value is good, so spending it feels a bit like paying 10,000 Bitcoin for two pizzas.

We are likely in for a bit more red pain to come, and I expect there will be a long, red candle before it shifts significantly upward again, but it is all about the resolution of time. Zoom out, and the trend is clear. Zoom in and it looks like a disaster. But, market sentiments are just moods and as we know with feelings, both the good and the bad, both come and go.

I is "doh!" now, but at some point, it will be,

Fuck yeah!

Taraz
[ Gen1: Hive ]