First Time? Dealing with a Crypto Crash.
I remember my first crypto crash around 2014-15 bitcoin went pretty low I’m not going to check the charts but I think it was about 1000 down to 200. It hurt I thought it was over and back then eth was just an ico. DASH and Lite coin were the hot contenders, A smart contract was a confusing term (still is) that no one really understood, Privacy coins now those were hot AF baby woo couldn’t go a week without a new one launching. Honestly, privacy coins seem pretty crucial in function, but it seems like they may have died, at least I’m not seeing many around these days.
Before too long I was mining bitcoin on an ant miner BC something the one with water cooling (I thought it looked cool lol). I did cloud mining and explored all sorts of other options, this was a cool time because the tech really was the focus and the future was bright people still thought bitcoin would never work, good times.
Then we had a fun ride up to 20k and dam I’m telling you the cloud mining I had then was ace (I don’t think it works too well anymore) but I was getting about 1 dash a week it hit 5k at the top of the ico run-up, Beautiful. Then crash again eth went from something like 2k down to 100 USD was pretty hardcore. I don’t mention bitcoin because I didn’t own any to me it wasn’t as cool as the sexy new dapps. Then for 2 years we went sideways it was long and a lot of people checked out, but I and others were too busy building something else insane NFTS baby.
Being called an idiot for another two years is great stuff I’m at my best when people think I’m insane. Whenever people agree with me, I know I must be wrong because as anyone in crypto knows 99% of people are wrong 100% of the time. Even as I write this eth is still dropping and while it is going to cause me huge issues in my everyday life I don’t care, bring on the dip and tell me how blockchain is dead call me insane for two years maybe more.
In the end, it will bounce back or it won’t either way I get to enjoy the faces of all the people who thought it was dumb and then jumped into the pool as soon as it was emptying. It will refill but those same people will do the exact same thing again jump into an empty pool and nothing is better than seeing those types of short-sited money chasers hit the concrete.
In short, have diamond hands be strong and go live on the street if you need to just hodl, Fuck comfort just enjoy the ride and when it comes back you’ll be glad you spent the last two years living out of a bin and sofa surfing, maybe get addicted to drugs go on a journey idk just don’t check the chart. All that matters is that private key baby, WELCOME TO HODL GANG! May I take your order?