Welcome to another round of bloodletting. Welcome to soul searching. Welcome to asking the question: "To baghold, or not to baghold."

Twas ever nobler thus...or whatever the Shakespearean thing says.

Bags a'plenty

It's highly possible that one of the coins I own - like Siacoin (SC) or Digibyte (DGB) - could continue languishing. I'm bullish on both, but I know there will be some turbulence.

So I might end up as a bagholder - yes, holding the bag of something that once had tons of promise and now...well...now it might not.

Ether bags?

Yes, Ethereum might leave a few of us as bagholders, too. I'll admit that I was quite excited when I saw my own holdings go 40x. Now they're back down to 20x. And they could go to 10x or even below.

Welcome to a significant amount of...chop

I'm not the greatest flyer on the planet; I hate turbulence. I'd prefer for the pilot to avoid it altogether, but I like it best when they tell us "there will be turbulence."

I'm not a big fan when they say "a significant amount of chop," or "this ride will be bumpy." Just call it what it is: turbulence. Then, I'll decide if I want to enjoy an adult beverage and say a copious amount of Our Fathers, or dig my nails into the seat and hope for the best.

But the thing is, in every instance where I've been on a plane with turbulence, I've made it to the destination. I was confident that a trained pilot could help us find the way.

Absent a trained crypto pilot, what to do???

Yup, that's really the question. What do you do in a market that's running around like a car on square wheels?

I had a friend tell me that this actually isn't the time for coins with real-world applications. It's the time for defensive moves, for parking your coins in the places where they have the best chance to emerge unscathed.

So that's what I'll do...sorta

Stay tuned for that. Til then, enjoy the slopes, or the flight.