The Long Road

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With the market getting boring as of late, now is the perfect chance to sit back, reflect, learn from the mistakes of the past and plan ahead accordingly. I've entered and exited so many projects during my five years in the space that I've lost count. The good thing is I've managed to bag some profits along the way, but it's true that I've lost even more opportunities to obtain f* you money and ride off into the sunset.

Five years in and still not a millionaire. I have no idea what I'm doing.

Lack of patience was always the number one reason. 1000x gains are sweet, but you will never get there if you can't keep holding once you've already hit say 10x gains. From an investor's perspective, a 10x on your initial investment is always reason enough to hit the sell button and never look back, but sometimes human nature kicks in and changes the game.

That's not always a bad thing. I mean think about all those insane Bitcoiners holding all the way since 2010 or so. The question is, are they really out of their minds, or do they see something the vast majority ignores? What if BTC is still heavily undervalued? What if the attributes it brings are worth tens or hundreds of trillions? Who's to say what its real value really is at the moment?

Value is subjective. If I'm selling rocks and you're willing to pay $100 per rock, then my rocks are worth $100 each, end of story. The moment we agree upon a price and perform the trade, this becomes the real value of my rocks and nobody can doubt it. The same goes for our crypto assets in a free market.

No matter what Peter Schiff says.

With the worldwide web taking over our lives at a rapid pace, I expect the whole realm of magic internet moneys to keep blowing up and attracting large amounts of capital. Nobody really knows where we are headed, but I think we can all agree that the space is here to stay considering the attention we have been attracting lately.

It may take twenty years for BTC to hit $200k, or it can happen next week. What I do know is that this game is a marathon, so the longer you manage to stay committed and hold your bags, the higher your chances of hitting a higher ROI. The internet of money is destined to reshape the way we communicate value to each other and perform transactions on a global scale, and the powers that be have already realized that.

The chart above describes the market behaviour of one of my favourite projects hosted on BSC. Bought me some bags a couple months ago and it finally seems that the beast is waking up. The timing couldn't have been better as I now have plenty of time to mess around with it and take advantage of its real-life use cases.

Pro tip: if you sleep less you get more time to work on your projects.

I've got no idea where it's headed from here, but I do know that it will keep me occupied and offer me ways to earn more crypto through investing time. If it also performs a 100x stunt and hits $1, you can bet I will be a happy man as I'm holding five digits of this thingy. The good thing is I'm now much more experienced than I used to be, so I will be able to handle things much more effectively.

One step at a time. Just keep showing up and building, and you will get there in no time, no matter what you're truly aiming for. There's limitless potential.

That sums it all up for now.


Never forget!

NFA - DYOR

I'm just a random guy with opinions. This is by no means financial advice. Just my personal thoughts and experiences.


Have a good one everyone!
@lordneroo

Posted Using LeoFinance Beta



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