This past few days have been really tough for crypto people, especially most of us who make our daily living from crypto and working so hard to create wealth from crypto. Is the bull run truly here? Few months ago we were all excited that the bull run is here, we watched the price of bitcoin hit its all time high and attained a new one. But sadly we watched a lot of tokens stay stagnant or move at a lower pace compared to the price of bitcoin, but they are quick to dump when the price of bitcoin starts dumping. Fortunately, some of us invested in some tokens that actually put us in huge profit, even though the market is down our portfolio is value is up over 100%.
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That’s the beauty of crypto, every all time high is someday going to be a dip, for instance, bitcoin hitting $25k today will cause a lot of people to cry, there will be heavy tears on the timeline, this is because of the current price bitcoin is and the all time high price it has gotten. It’s all psychological, when we are dealing with money, we always have a high expectation that it’s going to be a progressive movement, people always want to be financially progressive. They want to grow, so it’s disheartening to watch a decline in your financial growth. So many things can happen to your life when you are declining in your finances. Your quality of life will reduce and no one wants that except they want to be extremely detached from it.
We expect a lot and utilise a lot when we are richer, but when the price of assets starts declining we start getting worried because we are currently in the present. Even though we know and have seen the price of assets decline and also spike up with the same energy and intensity, we still get worried. This is why you need to go outside and touch some grass, take your mind away from the market.
Posted Using InLeo Alpha