Bearish Thoughts: I work three times harder for three times less

It doesn't matter what your background is, the moment you own your first digital asset, you instantly become a "numbers guy". To win in the crypto market, you have to learn how to play the numbers to suit your personal objectives.

You don't necessarily have to spend your whole day observing data on exchanges but you need to be aware. You need to be aware of how the numbers affect you in the short term and how you intend to navigate the murky waters.

If you live off crypto, these numbers have a direct effect on your lifestyle. To accommodate the changes, you have to make budget cuts, and start drinking cheaper alcohol, or maybe no alcohol.

If the cost of internet subscription is as high as it is in Nigeria, the numbers on your screen will influence the way you surf the internet. you might have to cut down the time you spend playing online games and even completely cut out games as a whole.

There's also the mental effect that numbers on the screen have on you. Whether you're living off crypto or not, you will get affected by the way numbers behave.

Even if you invested and grew your portfolio with money that you could afford to lose, seeing your portfolio dramatically drop in value will always have an effect on you.

I don't think it is possible to completely insulate yourself from that feeling of loss due to a mega crypto dump. You're seeing red and that absolutely sucks but even if not 100% solid, there's some consolation for you, if you invested right.

Keeping it real

Right now, everything from useless shit coins to working products is experiencing red days. Whether it's a top layer asset like Hive or a second layer asset like leo, everything has experienced some level of dumping.

In any case, if you're invested in working crypto products, you know that this is only a temporary blip along the way.

In fact, if you look around, you'll see that builders are still going on like business as usual. Projects that are focused on creating value aren't particularly bothered by price swings in the short term because there will always be value, regardless of where the market decides to go.

In times like these, it is important to look out for projects like Hive, leofinance, Splinterlands and others that have a working product that you can invest your resources into. These are projects that create value, regardless of the market condition and also have immense potential for the future.

I work three times harder for less

If you live off crypto like me, you might have experienced a drop in your earnings. It is just a sign of the times and you were probably prepared for it.

Personally, I've experienced a dramatic drop in my earnings, leading to lifestyle changes. We have to make budget cuts in our lifestyle and spend even less than the bare minimum we've been spending on.

In fact, the only thing we don't compromise on is food, and ironically, the price of that side keeps rising. So, what this means is that our source of income is depleting, while inflation is leading to an increase in the cost of food and all that.

Not one to complain, I've just had to double down on my efforts to provide for the household. Of course, I'm not alone in this struggle, as my wife has also been putting in a lot of work to augment our income.

Last week, I talked about being very busy with multiple Hive activities. The truth is that this is due to the state of the market.

Sometimes, dark times bring out the best in a person and I think this period just shows how hard I can push myself to achieve more. I intend to continue working as hard as I work today and maybe even push myself more.

My intention is to work as hard as I can until my mind normalises this lifestyle. This way, when the market comes around, I'm going to be in a much better position.

For now, though, I'm working very hard and earning far less than I use to earn during the good times. I'm not complaining though, because this is the life I chose.

I'll keep applying for jobs, and managing and growing multiple communities while keeping my head on the swivel, as I search for even more opportunities where I can contribute some input.

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