AskLeo - What Did The Past Two Years In Crypto Taught You?

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This year marks my fifth one since I got into crypto, more or less. It came out of the blue, sounded tempting, made a lot of sense, and caught me in like a mosquito in the spider's sneaky web. The bear market we're currently in marks my second one actually.

I hope I will get out alive...

Have I become more salted in all these years? Not really... To some extent, I can say that I'm not the same noob I was five years ago, but neither can I call myself a crypto OG.

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I am however highly involved in this thing. 2020 could be labeled as the "black swan year". The covid plandemic came out of the blue and pretty much changed the world we currently live in. If any of you still believes we're living in the same world, you're dead wrong.

Some countries still have their leaders "ruling on emergency mode", but this is a topic for another post. The past two years have been the most vibrant ones for me. I have literally managed to live off of crypto in the past couple of years and that's a hell of an accomplishment.

But... I still had to once again get schooled on a basic concept in crypto, that one being: buy low, sell high... Yep, although being present in the market throughout some of the most spectacular times in the history of crypto I played my ticket quite poorly.

I was reluctant to put money into crypto when there was massive fear in the market(beginning of 2020) and forgot to sell during the euphoria phase, thus failing at the most basic principles of swing trading in crypto. I can now say that I've learned my lesson and it's time to move on.

What about you?

Thanks for your attention,
Adrian

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The covid plandemic came out of the blue and pretty much changed the world we currently live in. If any of you still believes we're living in the same world, you're dead wrong

No doubt, if you think that, check your pulse.

I guess what I've learned, though just recently, is that there is no excuse for not participating.

I know many people are suffering right now but I'm thankful for this crash. It gives me an opportunity to roll up my sleeves and get busy.

My five year hive anniversary is coming up in a few days and looking back I'm almost ashamed. I have sat back and let five years worth of cash flow almost completely pass me by.

I want the 6 year anniversary to be different.

I've learned that im the only one who can change my life.

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detento_cope.jpg

None of us can change our lives. The life you have is priced-in. The life you will have is priced-in. You have no control and you will die when they tell you to die.

Now, get back to work...for them.

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I've learned a lot of lessons, lol:

  • Take profits on the way up (missed that)
  • in DeFi, APY doesn't mean shit if the token your getting rewarded with goes to 0 (lost $10k)
  • Save stables for the bear market (have like $300, lol)

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All of those and never keep all your lemons in one bag (or even better have all kind of fruits, you never know which will go bad first)

😊

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In the past two years, I've learned a lot about the cryptocurrency world. I've learned that it's important to be patient and do your own research before making any decisions. I've also learned that you shouldn't get involved in too many projects at once - focus on a few and really learn about them before investing. And finally, I've learned that there's no such thing as free money - if something sounds too good to be true, it probably is. Be careful out there and don't get caught up in the FOMO!

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What I knew but never did was to take profit. I think we always need to take some profit, it helps us feel better and we got to remember that in the bear times like now.
But maybe the most important thing I ve learned is that we are responsible for our own fate. Not the market. Not the people. We need to always act after research and wisely.
Nice post Adrian

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You will definitely get out alive.

Its my two years in crypto too and I havnt learnt much and am thinking of standing a crypto master class to learn the basics.

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