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I'm glad I didn't give up last year

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by COINS NEWS 90 Views

I know we're still not in some crazy bull market yet but it's almost unbelievable to me seeing us pumping up this high. These are prices that seemed unattainable after how low we got. 2022 was a tough year, and seeing my portfolio continuously take a hit was mentally draining. I started investing in 2021 so I had no experience on how to navigate a bear market. There were moments where I got frustrated or sad but I kept DCAing into Bitcoin regardless. Got myself a hardware wallet after reading about victims of Mt. Gox and previous exchanges that went under (thankful for past me doing that) and hunkered down on buying every week regardless of whatever happened. Then FTX's collapse came near the end of the year and we saw Bitcoin drop to 16k. At that point I was looking at a purely down chart and my portfolio was hit even more. Thankfully I didn't put my crypto on anywhere like Celsius or FTX but seeing it down so much hurt. Is it over? Was this effort all for nothing?

I'm thankful I didn't give up. For the first time I'm able to see some unrealized profit from my Bitcoin buys last year. I know the battle for crypto is far from over and this market will keep us on our toes, hey, maybe this post will mark the local top and we go put in a new low. But seeing us pump like this gave me some hope and drive to keep up the DCA.

submitted by /u/Dazzling_Lime2021
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