The Great Reset

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Well, I will like to start by saying welcome to 2017 Bull run. I guess we can say we have time traveled to the past, not chronologically though but in terms of crypto price value. But a lot has happened between 2017 and 2022 in the crypto space, more utilities, more use cases and more projects. Just same price, but trust humans as it is in our nature to complain when things go south. Aside the price of crypto going down, crypto has not shown any sign of being wrecked. Crypto critics are always so quick to talk about how crypto is going to zero and how it’s time to finally take all your assets off crypto.

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The crypto technology is so vibrant and useful that despite the bear price crash, it’s still being utilized. I know for sure that most of these crypto critics have crypto but probably spreading FUD so they can buy it lower. Well, that strategy seems to be working for them as people are rapidly selling their assets out of fear. While the guys that truly criticize crypto and it’s technology do that because they see it as a threat against their own technology, it’s still a world of the critics versus crypto. Funny how the world laughed at Bill gate for his technology in the 1990s, today he is laughing at the crypto market. But what do you expect from a man that is trying to control the world.

Back To Reset

I can say that my crypto portfolio has finally gone below the price I bought them. That’s the first time I am being at loss in almost 2 years in my portfolio. The portfolio is back to reset mode, it’s like starting afresh, currently I am accumulating, so I have more tokens less value now. I was fortunate enough to have experienced the last bear run that lasted for 2 years. I learnt a lot, and I lost all I made from it because I was still learning. I HODLed and sold off the moment I got my first 100% profit.

But then, if you are in the crypto space for the long term and you are passionate about it, it will be very difficult to slack off. People slacking off currently are probably new and never knew of the psychological gymnastics that comes with hodling. You are on the path of generating great wealth in crypto, only if you can watch your portfolio dip and not flinch because you trust the projects you invested in.

After experiencing this bear run, most of these crypto newbies that are currently shaking will turn crypt evangelist in the next Bull run.They will find theirselves onboarding new crypto users unconsciously. At the end of every bear run and the beginning of a new Bull run, the number of crypto users grow rapidly so it’s time to start making a bigger room for new crypto users as they will flood in. It’s a cycle, it always happens like this.

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7 comments
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The reset metaphor is one of the favorite devices of the political class.

BTW: have you ever noticed that things tend to get worse after each reset. I can still remember the great "reset" of relations with Russia in the Obama Administration.

Relations deteriorated and now there is war.

IMHO, we need to keep these "reset" buttons out of the hands of the ruling class.

!PIZZA

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Yeah, I guess we just have to be careful of who is in charge of the reset button

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True it’s a cycle, and a tough one at that, I am eagerly looking forward to the trend going bullish again, while trying to make the best out of the present situation.

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Hindsight is always 20/20. Knowing the cap was 60k it would have been awesome to sell there and buy back for bitcoin at today’s prices. Would’ve been epic to triple a bitcoin amount lol but that’s the tough part about when to do things. I’ve been accumulating for a while now and welcome these lows so I can buy and increase my position. I wonder how low it’s going to go is the question!

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Would’ve been epic to triple a bitcoin amount lol but that’s the tough part about when to do things.

Timing is what separates the lucky one from the rest, no one predicted or knew that $69k will be the top, no one knew that it was going to dip this low. In the space, everything is a risk.

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