MultiversX Tracker is Live!

A lesson I've learned from the bear market

All Cryptocurrencies

by COINS NEWS 98 Views

This is/was my first bear market. I got into crypto as it was bubbling in the late 2020s, right before it exploded. I guess because most Americans were getting "free money" it became the norm to flaunt. Remember the "stimmy checks"? A lot of friends, as well as people in my social network, were sharing screenshots of their gains, both stock and crypto. It seemed like the norm because "everyone was winning". In hindsight it was weird. One of the biggest lessons this bear market has taught me is "STFU". If crypto is supposed to be a form of currency or a digital asset that holds value, why would you make your holdings public? I remember having a conversation with a customer at my bar about cryptocurrency, I told him how much of a coin I was holding and he stopped me and said "never disclose how much you're holding". There's been times where we have that long green candle and I wanna screenshot the chart and post a story to Instagram, but I've stopped myself. I know this is a new technology and there is wealth to be made but I see too many people on these subs disclosing how much of a coin they have. If you wouldn't tell someone how much money is in your bank account, why would you tell someone how much crypto you have in your wallet?

To those that will hopefully experience their first bull run in the near future, and those that might have their judgment clouded from the hopium, just be mindful of what you disclose to people, especially strangers.

This isn't to say I haven't slipped up, but I've tried to be more conscious of the fact that this is real money and it should be treated as such.

submitted by /u/Lookralphsbak
[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