This is the beauty of only investing what you can afford to lose, because then this all remains your hobby and passion, instead of something that is going to get you out of debt someday, or to better your lot in life for you and your family at some point down the road.
As mentioned in my post from yesterday, too many of us see cryptocurrencies as a way to make those sick fiat gains in the future, so we can get that Lambo we saw Dr. DisRespect driving, or some other questionable influencer on YouTube driving.
That's all-great stuff, don't get me wrong, but I ask you... take a step back, look at your favorite(s) coin and token and truly ask yourself... is this something I truly believe in with all my heart? If not, and you think it's just something that is going to make you rich in the future during the next bull run, you may want to break out your due diligence kit and find something you actually believe in.
A lot of the gambling degenerates from a time now gone have switched over to options trading, where you can gamble and make or lose big time money all year long, a place where cycles are irrelevant, so there's no telling if the next bull run in cryptocurrencies will even be that significant now that a lot of them are gone.
Whales with big wallets and highly addictive personalities are what cause such drastic price increases in coins and tokens you know are worthless, and influencers do the same, and they always wind up the richer, while most wind up the poorer once the initial excitement and runup is over.
Anyway, short story long is, just have fun guys and gals, put some money that you can spare into the coins and tokens you believe in, block out the noise, and have fun! That's what I've been doing, and I feel fantastic, even with all this blood in the cryptocurrency market streets.
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