Getting Comfortable With Being Uncomfortable

avatar

The current "price action" on a wide range of the crypto assets is probably the scenario not many of us have expected this time of the year. I still remember reading quite a few of @edicted posts a few months ago in which he was talking about a supposedly bullish month of June to which I subscribed entirely.

Over the years summer has almost always been bullish for crypto and we've had bull runs quite often this time around. This year though, although we're not even mid summer, it seems that the crypto market has become flat to say the least.

Bitcoin seems to be correcting/consolidating between $35,000 and $40,000 while most of the alts are basically doing nothing. HIVE has somehow gotten pegged to $0.35 while LEO has found itself a range at a bit over $0.25.

I've started to get comfortable with being uncomfortable, although I don't believe the bull market is over, I honestly don't feel like I'm too satisfied with my crypto earnings and my long term portfolio.

Comfortzone.jpg

I'm about 2.5x down on my long term portfolio and my regular monthly earnings are in the red as well. I guess I'll once again have to get my hand on some savings to make a living or get back to hustling for clients for my friends boat cruise business. No problem about that, I already have a couple of years of experience.

Living off of a volatile income is something I've got to terms with for a few months, since this thing(content creation) has started paying for my bills, food, etc but I would lie if I'd say I'm not somehow affected by the current price action.

From a macro perspective I have no doubt we will be climbing mountains for years to come, but short term the current market situation is nothing to be excited about. That's how strong hands are being made, right.

Moreover, when the uptrend will resume I will no longer be that greedy and start DCAing. If it goes up I'll keep on selling, if it goes up and corrects heavily afterwards, I will be buying more with the funds available at hand. Watching the market going nuts and not doing anything can be a bit frustrating though.

I don't regret anything because in every failure or lost opportunity there's a lesson to be learned, for the one willing to learn of course. I think I've learned mine and am ready for the bull market to resume. Time to get wild once again...

Thanks for attention,
Adrian

Posted Using LeoFinance Beta



0
0
0.000
6 comments
avatar
(Edited)

Definitely the current crypto market value might not really have been that encouraging considering the fall that hit it of recent,but with no choice we just have to take it and get adapted to it pending the time that it will go up,that is why it is to get use or comfortable with the uncomfortable


Posted via proofofbrain.io

0
0
0.000
avatar

Actually I was surprised myself this bull market in May, as I am fine with up and down of the market, but I was quite stressed with the market going up and up, as it was getting really close to my exit target. Then, I would have to follow my strategy, exit and start the next chapter of my life. I was close, but not yet. HuH!


Posted via proofofbrain.io

0
0
0.000
avatar

the trick is to do it slowly, so you let your brain to get used to it, not suddenly so the mind will react and pull back.


Posted via proofofbrain.io

0
0
0.000