It's a good feeling that even though we get a slump on prices, at the end of the day it goes back to being better especially for the long-term. For a short-term perspective I do not really mind the volatility because within these relatively low prices is our opportunity to buy in as I had said in many of my blog posts for the reason of course that if you buy in lower, you will have the chance to sell at pumping prices and that is how you make money in cryptos.
I am also glad that I can weather this storm, I mean the "fear" circulating around the crypto space because as I already experienced in the past, the sentiment changes just like rain after a whole day of punishing heat. Again, it is a welcome treat particularly for those people who have a semi-passive income or disposable income in the crypto space like the "stakers", miners, or even the blockchain social media users as they can have more chance of buying-in when low prices comes and still can make use of their earnings to solve their human problems, i.e. buying necessities like food and or paying bills, etc.
We are so blessed because of cryptocurrencies for the reason of its wide-array of uses that aims in the end to basically solve human problems. We can do it online so we just need appropriate gadgets like smartphones, personal computers, and or tablets plus we can do it anywhere. Lots of people can do this relatively new venture unlike doing a regular business where you have to put a physical shop and allocate a much physical effort to manage it.
But now it is easier to make a business without much effort like obtaining business licenses, permits, and bribing people to expedite your documents because now you can make your own products, or sell anything including your personal or used things in the house, or offer services via Facebook marketplace and you can get customers easy particularly if what you are selling or offering is needed by people like food products although in some regions of the world where food regulations are strict, but you already know the idea.
It is up to a person on how they would survive this financially tough world because there is a wide imbalance for acquiring wealth. The pressing issue of inflation really is felt all throughout the world because of a failed financial system that only favors the elite. There are now monster companies or businesses that only knows how to take money from the rest of us in many ways and means and even some big businesses are not immune to this because they can get owned by private equities and then ruin them and all of the people inside such businesses.
But anyway, with the crypto markets, making money can be easier for as long as you know what to buy, when to buy, and when to sell because it is just a matter of buy and sell make a profit in the crypto space and not much complication about it particularly if you are holding a popular crypto like for example ADA and XRP where its price movements will give you an idea on how you can take advantage of and enjoy doing it in comforts of your own home or even if you are homeless.
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There are probably many who wish they could buy crypto now, but it's probably the smart ones who have the free capital to do so.
But I think no matter how little capital they can buy for now, they will make good money if they are patient enough.
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Patience is one key to make pretty good use of cryptos and now we had seen how it works with regards to the price action, staying in the game will definitely pay us dividends in the long run.
But truly, the crazy price action is wrecking havoc in our minds and emotions which can really make us do unnecessary/unwise things, but again if we HODL during the negative sentiment, then we can win because at a certain point, the negativity will soon change to positivity even for a short while but enough for us to tale the opportunity to profit.
Thanks @xpilar for your insights 😀👍
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Upvoted! Thank you for supporting witness @jswit.
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