We had a great daily close in#BTCtoday, but my post tonight is not to comment on that. I wanted to bring you something different, a more personal and less formal post than usual...
I remember well when I started in the Crypto Market, two cycles ago. It's been a long time, but there are sensations and moments that I will never forget. One of those moments was very similar to what we are going through now (prices slowly rise). See that I constantly insist that people buy at this current moment. But why?
In my first bear market, I didn't know when to buy, so I bought VERY late and very high. But it wasn't just me, at the time there was little information, there were few analysts, and we knew almost the same thing: NOTHING. And that was okay, because we had each other to help us, and it was a good time. We made a considerable profit, even though we entered late, after all, everything was very cheap and the rise was incredible.
However, as I had bought at a high price, every time the market fell (corrected), I felt terrible, frustrated and wanted the prices to go up at all costs. But the scenario was always the same: it rose for one day and fell for two. This repeated for weeks and months. It was really exhausting. I would wake up at dawn to look at prices and, if they were falling, I would no longer be able to sleep because I was so frustrated. This situation dragged on for months until finally one day I woke up and prices had risen +70% on an altcoin I owned. That was the biggest relief I've felt in a long time.
I checked the other coins and, to my surprise, most of them were at the prices I had entered, some even with some profit. It was an incredible feeling. When the prices started to rise, I was very happy, immensely grateful, and I thought about closing my trades because of all the frustration I had gone through. After all, I was already in profit. However, I was part of a group and, after much conversation with other people who were also learning, I decided to continue.
A few months later, with prices soaring, I was making a considerable profit. I seriously considered closing all my SPOT trades, since I had reached quite high values, even though I had invested little at the beginning. I was very anxious to make a profit, but it was at this time that Twitter began to consolidate itself as the social network for Cryptos. I created my account there and started following people's opinions. It was then that I met Analyst Capo. In one of his posts, he talked about whether that was the top of the market. I left a message on the post, not expecting him to respond to me, since he had over 5 thousand followers (which, at the time, was a lot of engagement). To my surprise, he replied: "KEEP HOLDING, WE WILL GO UP MORE!"
I then decided to continue a little longer and after that moment I managed to make 4 more times, which was incredible. Later on, my portfolio had made 27 times and I was thrilled. I woke up one day determined to take profit from my entire portfolio. That money changed my life and it was fantastic.
All the anguish, despair and frustration that I had experienced at the beginning of the market were no longer there. On the contrary, I was extremely happy and just wanted to enjoy the moment... And that's what I did. But as the days went by, the market kept going up and up and up... I soon realized that I had gotten out of the market too early, and this left me frustrated for a while. However, I eventually got over it, and I was grateful for the 27x profit, even though I knew I could have made 35x or more.
In the second cycle, things were very similar, but this time I had bought at lower prices. I thought everything would be fine and that I wouldn't go through the same anguish. However, at that time, there were some manipulations, including with the CEO of LUNA, who dropped#BTCby -24%, dragging the altcoins down. Even though it wasn't as negative, the anguish and anxiety were there, as prices again rose slowly and fell. However, something was different in this second cycle.
I had already established a cordial relationship with Capo, and I followed several of his tips along the way, which worked perfectly. I bought whenever the coin was in a sideways channel, which made me a lot of profit when the price finally took off.
Another difference in the second cycle was that after prices spiked, I was left with the feeling of "If we had stayed at low prices longer, I could have bought that coin, and that one, and that one."
When the bull market came and prices hit the top, this time I got out at really good times. Today, I see that it was a great decision!
Now, in the third cycle:
In terms of price, news, big whales and manipulations, the “prices slowly rising and falling” scenario is perfectly in line with what happened in the first two cycles. But there is one thing that has changed drastically regarding my stance on this current market.
This time, I was NOT distressed, euphoric, sad or anxious for the market to skyrocket. On the contrary, from the moment I identified that the market bottom had been formed, I began desperately buying in OCTOBER 2023 (I even posted last year that I believed that was the bottom).
I BOUGHT LARGE AMOUNTS in 2023 in #altcoins, but something unexpected happened: we had bad news and government selling, which caused a bigger correction than expected. However, even with the corrections, my portfolio remained positive because I entered at very low prices. Coins like #SOL,#FTMand#RAYremain very positive in my portfolio (before Solana went up, I begged people to buy).
Anyway, all this fall that we are still witnessing has led some other altcoins to get closer to the entry prices I had in 2023, but do you know what I did? I INCREASED MY POSITIONS EVEN MORE and opened new ones in other altcoins.
At this point, I already feel the same way I did in the second cycle: "I wish I had more time to keep buying, because when the bull market hits, I know the profits will be incredible." And, in fact, they already are, even though we are not in a true bull market.
So trust me:
IGNORE SHORT TERM CORRECTIONS and BUY GOOD ALTCOINS WHILE THEY ARE CHEAP. YOU WON'T HAVE THIS OPPORTUNITY FOR A LONG TIME!
I don't know where you are right now, what stage of my life you are in, maybe the first cycle, the second, or the third (current) cycle... But whatever it is, I want you to know that you are not alone. No matter how boring or distressing it may seem, the bull market will come, and you will make a lot of profits. In 2025, we will look back and smile.
Before you ask: today, in the third cycle, things are much lighter and less stressful. I have also made incredible friendships with exceptional people and teams. One example is my friend Capo, who over time has become the most WELL-KNOWN Trader in the market and a great friend.
I am writing this long text to share my experience and to let you know: I UNDERSTAND YOU AND I HAVE BEEN THROUGH THIS!
We are together! Thank you for being here and for all the daily support you give me.
If you've read this far, let me know! ❤️
