The emotions in crypto
Good morning/evening
This post is really just about the emotions of my crypto journey, I know there are not supposed to be emotions in crypto and trading but I am a real person and it is real money so sometimes, although not 'married to my bags' yeh, it's emotional. It is not even just the fact that crypto prices are rising, today I plotted my theory on the charts and used historic data to validate it, something I had no idea about before and not something I even had the technical knowledge or ability to do. It feels good.
As many of you may be aware, my crypto journey started with Helium back in early 2020, It was such a rollercoaster that I wrote a diary about it. I had no clue even how to buy the miners to start with so I really was starting from scratch. Now I researched to the max about all things Helium, even down to cables, line of sight and locations. I constantly followed the project and read and watched everything Helium.
Also during this time the tenants in our rental property were being very difficult and not actually paying the rent, then they would pay 10% so they were making our insurance claim go back down the queue. This went on for the whole year of their contract and it was quite stressful.
Now what I did not do was research anything else about crypto, I had no clue about cycles, ALT coins, trading, wallets you name it and although I knew a bit about Bitcoin, at that point I had none.
Now I watched my Helium tokens go up to $50 but I also watched it go down to $40, $30 and then $20 then cashed some in, but it gets worse, I watched it go to about $5 sold the lot in the middle of the night with tears in my eyes. School fees I guess you could call it, and perhaps a less stubborn person would have called it quits and given up, but not me.
Bad Choices
Now there was a period after this that some really bad choices were made, money went into some underperforming L1s and a few dodgy DeFi protocols. Some were wins and some were not, but to be honest to myself, as my posts are about the journey, they are there in black and white for all to see, even me! I look back sometimes and cringe.
Good choices
I then started really looking at Bitcoin and spent a few months really trying to understand cycles and study charts. I went down the rabbit hole! Fiat, inflation the works, and uttered the words to my husband 'All I want now is Bitcoin'. We are in this journey together and we each have different skills which is great, we also sometimes have different ideas on what to invest in but he was 100% with me on Bitcoin.
First bull run
So I class now as my first bull run, at least the first one I was aware of, and for me it is a huge milestone. There has been a huge amount of learning in the last 4 years, but I have enjoyed it all and I am aware I still have more to learn but the feeling I have at the moment is like one of passing a really important exam. (I know, there is still time to fail lol, but I am hopeful). You may notice I have not taken newbie from my name and perhaps I never will but this is one of the most pleasing comments I have had (apart from a few people that give me great advice that I 'chat' to).
I think your knowledge of crypto has really grown exponentially!
It feels like the hard work is paying off now, and not just financially, but just being here in crypto with a level of understanding, understanding blockchains and having some, what I would call basic trading knowledge. Learning about web 3 all of it is so exciting. Even my bio states it is a rollercoaster journey and it sure is.
How has your journey in crypto been? When did your adventure start? i would love to know what got you into crypro to start with.
As always, thank you for reading and please feel free to comment.