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Hows everybody holding up? Pretty grim out there eh? Yep it's a bloodbath and it could get worse, but as you can probably guess the next words I'm going to say are something dismissing the pain of today by looking back at the charts of yesterday.
Back in 2018 when everything went to shit the amount of panic posts just overwhelm the calm old timers and get totally drowned out but they were so necessary to keep people afloat. I really miss the memes of the 2018 bear market. I think Bizonacci pretty much single handedly kept me sane. I hope he never sold and is living on an island somewhere.
Anyways what the hell am I even saying here? Honestly? Not much. I just wanted to give you guys some encouragement and maybe bring some light.
1: Get a distraction.
So, I just became a Dad for the first time. My daughter was born on May 9th right as shit hit the fan. I honestly barely noticed that it got as bad as it did because I just wasn't paying attention. No apps. No charts. No nothing.... just welcoming the worlds newest whole coiner into existence. While obviously I'm not telling anyone to go have a kid having serious distractions really help. The problem is a lot of people here are gamers and gamers are 1 tab away from looking at a chart.
Go outside, explore your city, find some green spaces, go for walks, take up stretching just force some new habits until they are just your habits.
Find yourself a trail to bike on, find a rock climbing gym in your area, take up running and grind on that shit. Put your heart into something new to the point where you'll get bored of looking at charts and feel something else tugging you away from your computer.
Talking about the coins that people decide to put money on is the most delicate subject. It's like trying to drive a dump truck through a nitro glycerin plant, one false step and boom. But seriously folks it might be time to reconsider some of your choices. There are just too many dead coins that the hodl meme would have led you to ruin. The word shitcoin is so subjective and people will always bend it to avoid all the coins that they personally hold. It isn't until your main holding, your darling, the one you have all your future day dreams about goes to -99% that you'll be able to define shitcoin for yourself. A smart man learns from his mistakes but a wise man learns from others. So many of us OG's who got absolutely slaughtered in 2017 and before have done the run around to land mostly at btc/eth. It's not because we are maxis its just experience. We bought into alts with the same enthusiasm you did. We repeated the same catch phrases and we got absolutely smashed. All the people we relied on to keep us positive vanished when the gains did and we were left with a broken dream.
I can't repeat it enough. Make at least 50% of your portfolio btc and get it the fuck off an exchange. It doesnt matter if 50% of your portfolio is 10000 sats or even less, stop gambling on shit coins. Just stop. Stop buying into the same flimsy anti btc pro alt rhetoric and start stacking.
Again, get it off the fucking exchanges.
No I don't want you to buy so my number goes up. I want you to protect yourself. The more bitcoin that goes into the hands of individuals who will protect it will protect the entire eco system. Even if you still think bitcoin is dogshit, buying some, sending it to cold storage will protect your alts from getting slaughtered. There is no downside to buying btc if you believe in crypto as a whole. Stop being a sideline cynic and help protect what is going to potentially be a big part of our futures. Bitcoin is the heart of this ecosystem no matter what soundbytes you repeat, whether you like it or not. Flippening, boomercoin, outdated tech... nah bro... you're just trying to convince yourself your coin is going to eat bitcoins market cap and make you rich.
3: Invest in yourself.
This isn't just the typical school work. The best advice someone ever gave me was get 3 hobbies. One that makes you money. One that makes you healthier and one that makes you smarter. A big problem I see in this sub is too many people have their hopes and dreams aligned with making it big in crypto. You absolutely need to will together a life that you can be ok with if everything goes to zero. In 2017 after I got rekt by the shitcoin culling, I realized the only way I wasn't going to be one of the 1 in a million who get rich in the shitcoin casino and if I wanted a real slice of this pie the only way to do so was to increase my income. I fucking grinded, got a little lucky and fell into a pretty wild career that definitely increased my income. It was only than that I was able to swing big and scoop up real amounts. Please for the love of god, don't think I want to bash any portfolio, no matter how small, if you are investing in your future, with some common sense and not gambling on shitcoins, I'm on your side.
I'll edit this later as I have a lot more encouragement (hopefully) when I think of it, new little squishy bean is yelling for me
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