How to get through bad trading days.

in life •  7 years ago 


You know those days...

All you want to do is relax and do that math that we all do.

"If it gets to $100 I can finally buy that island I've been looking at!"

To confirm that you are on the right track to take a peek at your portfolio and

"Holy dear mother of god"....

The price is low and getting lower by the second. There are a few things you can do:

1) Go into 'Gordon Gecko' Mode

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One time your friend told you about how the candles work and you remember something about an article you read once that said that thing on the chart means a bull flag? Or wait was that when you sell? Oh shit. Well you do have live charts on your phone and desktop and you're almost completely sure you've got that arbitraging worked out as soon as you learn to code so all you have to do is trust your gut and you'll inevitably wind up 'buying the dip' and telling everyone how your brand new mcmansion is practically paid for.

2) Go into 'Anxiety Zombie' Mode

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Yes, this one is a blast. You try to stay strong but the inside of your brain is doing unnecessary math and trying to factor in how much it would either benefit you to sell right now and then double up later with the money you make from selling your collection of half used vape juice in the linen closet.

"Also, I wonder how much ransom we could get for the neighbors dog?"

The important point here is to be less talkative but then when you do say something it's filled with anxiety and trails off into a diatribe about the blockchain.

Do a test sell order, then stop it. Then get anxious about stopping it. It's fun.

3) Go into 'Smart Guy' Mode

You remember why you bought into the things you did. Yes, yes the islands but also you dug the idea. For good god sake that coin that uses the blockchain to anonymize your porn surfing is worth it. And you know what, PornCoin has a nice ring to it. Keep on HODL'ing my good human and then you can get that island, or at least Islanders season tickets and maybe, just maybe, a little bit more sanity.

As a side note I recommend option 3 although sometimes I go full 1 or 2, sometimes at the same time.
*@mavedaxwell

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Option 4 wait 15 mins for them all to back green! Roughly .05%-1% of the global population has involvement with crypto's, just a waiting game for the rest of the 99%.... Stay diversified and watch the world awaken...

HASHDOGBLAST!

Why do we do this to ourselves!?! Bahaha

Oh and please tell me this is what all of your posts are going to be like! K thx byeeee.

Wheatcraft! Yeah, if only for the simple reason that when I'm on Steemit I start thinking about that one time I didn't buy the dip and its either laugh about how the universe is screwing me or use my default method of buy high sell low. lol.

I think about this way too much. I had a friend telling me to buy BTC from the beginning, and I was like erm, no thanks, and now I am a struggling artist, and well, let's just say he may or may not own a house worth more than any amount I will ever make. Oh man, I am not going to make the same mistakes with Steemit! We are still in Beta together, and I think it's only going to grow! We are like the pioneers damnit.