Bulls Market Fear, Anxiety and Doubt.

in voilk •  4 months ago

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    Anxiety number one; my fear of being left behind in the Bull Market

    • I am not new to cryptocurrency, this is my sixth year, so I feel like I should be able to capitolize on it to get rich. But that's harder then it seems.
    • As I write this I am reminded we are in the starting phase of a bull market, Bitcoin surged upwards, Ethereum surged upward and now a few altcoins have mooned.
    • The problem is I don't own those altcoins.
    • So I am feeling anxious about being passed over in the bull market gold rush, and as I looked at my bags I began to have self doubt that I was invested in the right tokens.
    • Every bull market some narrative based token with no real functionality moons and people get rich.
    • I sigh and look at my bags of tokens with use cases and functionality but no hype or real interest and sigh.
    • This bull run is no different, as I look at my bags thinking they have wonderful use cases and amazing functionality, but they are sprawled on the charts in the so called accumulation phase of low price and low interest.
    • Meanwhile Solana is over a hundred bucks and it's blockchain literally breaks periodically.

    Anxiety number two: what did I learn last bull run and did I do things differently

    • I think it's only human to have self doubt and only rational to think if what I did last bull run didn't make me rich I need to do something different this bull run.
    • After all isn't that the famous definition of insanity, waking up every day expecting a different outcome while doing the same things?
    • So I tried to learn from my previous mistakes, but did I succeed?
    • I already did some things I didn't do last bull run, like not put all my eggs in one basket, and I slowly accumulated some Blue Chips Bitcoin and some Ether during the bear market. They are incredibly expensive so I don't hold much, but they make up a huge share of my portfolio, and they are definitely profitable.
    • I also picked a few altcoins not one and tried to accumulate a couple thousand tokens. These are my make me rich tokens.
    • They are my best guess as to what altcoins will take off. And I accumulated them faithfully during the bull market by going without treats, scrimping here and there and telling myself that a little depreivation was good for my soul.
    • These literally are my ..make me rich coins.
    • But still yet I am not rich.
    • Right now my three altcoin picks haven't mooned, so I am anxious.

    Anxiety number three: I picked wrong the wrong altcoins

    • Yes this keeps me up at night, some nights. I am anxious sometimes that I picked picked the wrong the wrong altcoins.
    • I was looking for altcoins with functionality, use cases, community, etc and I looked at what they did during the last bull market, as a possible predictor of future success.
    • It seemed like a logical and reasonable strategy... but I am not rich yet and some topkens are popping off or mooning, so my anxiety is slowly rising.
    • I have not yet considered selling, it so early in the bull run, but I would be lying if I said it never occurred to me. LOL.
    • I have even read about people ditching their logical picks and invest in narrative based meme coins. And getting rich. Ouch.

    Last words

    • So waht abot you? Are you having any anxiety? Do you have any regrets? I hope I am not the only one feeling this way. Let me know in the comments.

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    About @shortsegments.

    Shortsegments is a writer on Inleo.io, who focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance for over six years.InLeo, a 4 year old social media application community on the Hive Blockchain, where you can write long articles called POSTS or short comments called THREADS about any topic.

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