So as we all know markets are fucked right now, stocks and crypto. Investing noobs are losing their shit like this is the actual end. Peoples’ mental health is on thin ice, pockets are empty, and portfolio is a giant red dildo.

To all the noobs out there, you need to understand that what is going on right now is normal. The crypto markets have always had bear markets like this, there is no escaping, this is the nature of investing in a risky asset. I’m not trying to be a dick when I say this, but you should accept it for what it is or get out of crypto if this is to much for you. This advice is coming from someone who turned 4.7k to 66k and lost it all fucking with shitcoins. I know what pain feels like.

So you are probably asking yourselves what you should be doing now. Honestly it’s what’s being parroted around right now, DCA and stake. If you are in stablecoins right now waiting for the bottom you are playing a risky game trying to time the market. If you succeed, good for you I’m glad. If you are like me and know your timing is shit don’t even bother. There is no telling where the bottom is. TA only goes so far until some news comes out and fucks you charts and lines to a pulp.

As someone who has been in since 2017 I can tell you I didn’t get discouraged from the numerous Ls I have taken. Maybe I’m dumb, probably. I’m still going all in on a sub 100M marketcap coin I firmly believe is making a difference. It has a staking feature so you know I’m taking advantage of that. For 90% of you I’d recommend just sticking with the OG coins; BTC, ETH, LTC, XMR etc. Coins that have survived previous bear markets have a very good chance of surviving this one. These new coins that haven’t gone through this test are a lot more of a risk. Hell, we just saw a top 10 coin get fucked, it can literally happen to any coin, no matter how bulletproof you think your investment is, nothing is perfect, especially in crypto. You should always been mentally prepared that the unexpected can happen. I lost 60k pretty much over night because the lead developer left the project and the price tanked.

You noobs need to understand times like these are the best times to invest. Not when the markets are doing “good”. Bear markets are when you set yourself up for REAL gains. If you are more of a risk taker like me, I’d suggest you start looking at new low marketcap investment opportunities. Find good projects that are actually working to improve the space and or society.

Also please stop asking when the bear market will be over, no one knows. People saying things will change when the next btc halving comes up are just speculating. Just accept the bear into your life and do what you can, DCA.

No I’m not going to disclose my investment nor am I interested in your recommendations.

Happy Hunting