Why the Dip is Bothering You.

1. You think crypto is a quick get rich scheme. It is a get rich scheme but not a quick one. (unless you get lucky and your coin gets chosen by a pump and dump group OR your coin is subject to actual institutional use, you won't get rich quickly).

2. You think you are in a casino and expect results immediately. In a casino the odds are against you and the chances of losing everything is astronomically high. I have learned that unless you don't do any research and invest in shit coins, yout chances of losing everything in crypto is almost 0.

3. You have never invested before. This is your first time. Popping your investment cherry via crypto by getting in somewhere in the middle or the top of a bullrun is like losing your virginity to someone you were never interested in but you did it anyway because you didn't know what you were doing, you didn't really think it through, and didn't expect the post-nut clarity to hit so hard.

4. You invested way more than you thought you could afford to lose.

5. You didn't price average. You went all in and gave 0 cash to buy anymore.

6. You never cared about the technology in the first place. Because if you did, why would you care if the price is going down?

7. You didn't do any research. And you never zoomed out.

8. You didn't diversify.

9. You didn't buy any BTC or ETH. Whenever there is a BTC dip, all alts usually dip twice or three times worse. Ethereum usually drops the least due to a BTC sell off. So if you don't want to hold any BTC, consider ETH instead.

10. You are putting a lot of your hopes in crypto. Man, this is the saddest thing I see again and again on this sub. So many people make posts here saying:

before crypto I thought I would work until I was lowered into my casket. But now? Man, I have hope that I won't.

This is great and all and I'm glad crypto is giving you hope, but if a temporary dip is bothering you, you have bigger problems you need to resolve. It is like getting into a relationship while being depressed and expecting having a partner to fix your emotional problems. I don't blame anyone for doing this. Just stating an observation.

1. You never had an exit strategy and watched the price skyrocket and then plummet. If you don't have one, then make one.

In short, find out at what price will you cash out. Let's say you bought BTC at $69000. If you are on an exchange put a sell order at $1,000,000 and uninstall your CEX app. It might hit the price you will sell it, it might not. Everything in between doesn't matter. If you don't want to use an exchange, then get portfolio tracker and put a price alert for when you will sell. Then transfer your crypto to your own wallet and unsubscribe from any subreddit that gives you anxiety.

If none of this bothers you, welcome to the club. Sit back, use your reserve cash to buy more to average down if you didn't go all in, and then enjoy the ride.