For over 5 years, I have been learning about crypto. I started with small altcoins, such as
#DOGE ,
#PEPE ,
#mana ,
#Ldo ...
I thought that if I bought a lot of coins for a small amount, and one of the cryptos took off, my life would change.
I bought when it was rising, and sold in panic when it dropped a few percent, then I bought again at the peak and panic-sold at a loss.
I now call such thinking a poor mentality. I was a poor person, and so far I haven't stopped being one thanks to crypto, but thanks to hard work. Now that I have financial security, a work calendar filled up to June 2026, and money saved in stocks, ETFs, and cash, I have stopped thinking about altcoins.
Now I am waiting for deeper dips on the king of crypto, which is
#BTC , I will buy it in three tranches when it drops to 60k, 50k, and 40k.
We had an ATH on BTC at the level of 126k $, the cyclicality repeating once again in October, when we experienced a sharp drop in the crypto market, shows that in the coming year we can expect drops on BTC to the level of -70%, and at that level, I will be making purchases, despite the mainstream media scaring that this is the end of BTC. This is not the end; it will be the bottom from which the king of crypto will bounce back. As always, achieving another ATH.
Wiser from these experiences and the false hopes of recent years, I prefer to earn X5 than to live through an entire cycle with hope that will end in a 96% loss.
#dontbestupid
#buylowsellhigh