MultiversX Tracker is Live!

How many bear markets does it take for someone to become a responsible investor?

All Cryptocurrencies

by COINS NEWS 143 Views

I have been lurking around in crypto since 2017, following up the news and watching charts occasionally, but started investing in 2021. I have done terrible mistakes, like most newbies basically, but my biggest was building an all-alts portfolio and holding it during the bear.

I learned a lot from my mistakes. For instance, I started taking profits already from my bear market investments, and accumulating BTC and ETH aggressively during dips instead of shitcoins.

However, I still feel like the degen in me is still alive and waiting for the bullmarket to screw me up. No matter how hard I try to do the right things, I sometimes slip and fuck it up. For example, I'm holding into some highly speculative alts rn that I could have sold for a decent profit a week ago, and I'm currently at a loss.

So my question is, how many bear markets did it take for some of you to become more responsibe investors, and are there any tips that you could give to those , like me, so that we don't succumber to the 100x hopium like we used to?

submitted by /u/Sylerb
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments