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If you have trouble imagining a 50% loss in the crypto market, you shouldn’t be in crypto.

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by COINS NEWS 270 Views

As harsh as it may sound, it’s true. You have to accept the fact that fiat value of your portfolio is constantly changing. It can go XY% up or down on a daily basis. Sounds pretty obvious right? Well guess what. Some people are still not able to deal with this. That’s why they’re panicking and checking the prices every 5 minutes. It messes with your head. Trust me I know what I’m talking about coz I had the exact problem few years ago. You have to develop a mindset of a gardener to be able to accept the short term volatility. At the end of the day, time in the market beats timing the market. I know, you’ve probably heard it a thousand times before. Just don’t let it consume you. I believe in you.

Just my 2 cents guys, don’t take it too seriously. Take care.

EDIT: Thank you so much for the feedback! Some people think this post is just a stupid karma farming. I know, it’s nothing groundbreaking but there are many new investors who might find it useful so let that sink in.

submitted by /u/WeirdCollector
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