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all this talk about generational bottoms, and golden bull runs
is it justifiable? absolutely.
we've been consolidating beneath ATHs for 6 months. I would hope you're atleast considering that scenario for the industry you give your time to daily
and you wouldn't be allowing other people's opinions to sway you so much if you didn't believe it was possible, to some degree, deep down
because it's likely that you joined this space for the sheer (upside) volatility. the ability for coins to reprice upwards exponentially, defying all logic
so it's not crazy to think that the reason you joined may play out before your eyes; whether that be in the near or distant future is unimportant to the purpose of this post
but you know why you joined, and at any given time there will always be a "cabal" of sorts calling for that extreme upside scenario; which creates an inherent fear to miss out on that event - that's natural
hear me out though:
remember what October '23-January '24 was like?
> remember the countless airdrops, NFTs, ordinal plays, majors, memecoins rallying >100x, AI narrative, and all the "trench" plays underneath the hottest L1 ecosystems as well?
> remember when you were complaining to your friends that there was just too much opportunity - that you felt overwhelmed? needed a break even?
> that you were priced out of certain plays?
> that you didn't have enough capital to properly allocate to all the plays that you wanted to capture?
I remember being guilty of the above, and I literally trade crypto full-time.
so imagine that environment, but on steroids.
that's what happens when $BTC manages to sustain a rally past its' previous cycle ATH - if we're using history as a proxy
so you're fearful that you'll be presented with countless opportunities once again, and that you'll find a way to screw it up
you know who has that fear?
- people that consistently screw up opportunities.
so the rabbit keeps digging down the hole. now we have to figure out why you screwed up those opportunities last time.
and when you sit down and consider,
and I mean DEEPLY consider
you come to a sudden realization that it all boils down to FEAR
even FOMO, which is a term often used to describe greed -- the first word in that acronym is "Fear" [Of Missing Out]
and it's the same fear you have now, that makes you believe markets are scarce - that you only have one shot to make it.
that fear was your handicap the last time, and it will be your downfall once again
but overcoming that fear has nothing to do with conquering the market; you can't predict the next rally, or even the extent of it.
it has everything to do with conquering your mind.
eradicating unnecessary fears that only hinder you, and your performance
so that you can begin taking comfort in risk - in the unknown - in markets
Fear is the mind killer, anon
so stop fearing the market
find comfort in it,
because opportunity is abundant.
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