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How many bear markets does it take for someone to become a responsible investor?

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by COINS NEWS 132 Views

I have been lurking around in crypto since 2017, following up the news and watching charts occasionally, but started investing in 2021. I have done terrible mistakes, like most newbies basically, but my biggest was building an all-alts portfolio and holding it during the bear.

I learned a lot from my mistakes. For instance, I started taking profits already from my bear market investments, and accumulating BTC and ETH aggressively during dips instead of shitcoins.

However, I still feel like the degen in me is still alive and waiting for the bullmarket to screw me up. No matter how hard I try to do the right things, I sometimes slip and fuck it up. For example, I'm holding into some highly speculative alts rn that I could have sold for a decent profit a week ago, and I'm currently at a loss.

So my question is, how many bear markets did it take for some of you to become more responsibe investors, and are there any tips that you could give to those , like me, so that we don't succumber to the 100x hopium like we used to?

submitted by /u/Sylerb
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