Relax: A short tale as an investor since 2017

Many new investors are panicking, but many of us that have been in crypto +4 years know it can get wayyyyy worse, and it probably will. My advice, and I know it is easier said than done: don't let your emotions make the decisions for you.

In 2017, I was crushing it. I started with a little of my own money and then started using the family savings account. I was making nice profits and throwing it right back into crypto. Every post on Reddit about your coin would make it go >+20% that day. It was a crazy time......Then 2018 happened.

My portfolio was at -78%, and stayed in the red for TWO YEARS. People tried to HODL, but post after post started popping up saying they could not hold any longer. People were selling and leaving crypto every day. You think the posts are depressing now? Both crypto bulls and bears were having therapy sessions in reddit threads. Many of us, including myself, accepted that we might never make back what we put in.

Despite this, there was a small part in me that really believed in the coins I was invested in. Every paycheck I tried to Dollar Cost Average (DCA) my holdings little by little. I had HUGE heavy bags I was just hoping to break even on one day.

My BNB bags were heavy and with avg buy price of $30 My VET bags were massive, avg buy price of <$0.01 Same thing with ADA @ <$0.04 ETH <$270

In 2019, when I thought things couldn't get any worse, Bitcoin entered what the news was calling a "Death Spiral to $0"; it started trading below $3300. I started putting less money into crypto and used this time to learn about the projects I was in. I learned how to mine, learned and started staking, learned about the different generations of crypto and how they were building off each other, and the more I did, the more I believed the next bull-run WILL happen and it would be massive.

Q4 2020 arrives and because I DCA-ed throughout the years, I was able to breakeven in less than a month into the bull-run. I learned my lesson, I took profits when I could and made it so I was just letting the house money play. I made sure I remembered the other lessons I learned throughout the years: DON'T FOMO FROM WHAT REDDIT SAYS, lurk the communities of potential future investments, test transactions, and double check all addresses.

All that allowed me to make even better calls by investing into ALGO, SOL, and AVAX pretty early. I began leveraging debt in a manner I felt comfortable with. I was shooting way into the black.

Now the fun is slowing down. I've seen the same kind of new investors I saw in 2017, pour in 2020 and early 2021. Those trying to get rich fast, FOMO-ing, and now blaming everyone else for being rugged, losing BIG, or getting scammed. Getting mad at dev teams and projects, like any of them owe them something. This is complete Dejavu.

I've wiped a nice chunk of my overall profits because I've reinvested them into crypto, but guess what? I'm going to stick to the plan. DCA and keep accumulating, and I will keep doing that until the next bull run. Trust me, it will get WAY MORE DEPRESSING. And when that happens, BOOM, it'll get even more depressing.

But use this cooldown time to learn about crypto, to reflect on your mistakes. To actually USE crypto. It's been a hell of a ride, and I know there is still way more to it. We are either riding this beyond the moon, or all the way down to zero. Everyone is a genius during a bull-run, but the bear winters is where the real heros are made.

Thank you Reddit community and best of luck to you all!