Red is the Color of Accumulation .:. Hump Day Easy Talk

almost 3 years ago

It was a long day today... I have recorded this video early in the morning, but I didn't have enough time to write the description and publish it before, so I'm doing it late in the night... But, if I draw the line, I have recorded it exactly when the BTC was almost at the same price as it is at the moment of writing this (40K)... In the meantime, it went down to 30K, and now we are where we were in the morning... What a rollercoaster...

Anyways, the topic of this video, and post in general, isn't the market, or volatility, or Bitcoin, but it has a lot to do with it... The market is in red, and everything is burning all around, which is usually the moment when people can't focus and "do the work"... It is understandable, and I'm one of those who have been distracted by the market's action all the time... But, I'm working on "bypassing" that and trying to avoid that "temporary blindness"...

As a matter of fact, sometimes I'm more distracted by markets when the prices are going up (aka, the "counting money effect"... when we are planning houses, trips to other continents, and Las Vegas gambling... lol...). So, the main idea of these markets is the same as I was "preaching" before many times... When everyone looks on one side, you have to look in another way...

To simplify things, when I saw that BTC is going down, I didn't feel well of course... like every other BTC holder, it hurts to see that image... But, I didn't panic, or sell some of my bags, or did some other crazy things with my long-term holdings... Yes, I needed these 2-3 days to realize and ACCEPT the current situation... It can be the case that we will have a bit longer break until we see BTC at 50-60K, but that doesn't have to be the truth... In any case, we can't do a lot about it...

But, what we can do? Well, that was the other part of what you realize when your head calms down... :) When prices are in red, it is the perfect time to accumulate crypto again... When nobody is creating content, you should do that! Yes, it looks that you are earning LESS if you convert earnings into USD or other FIAT currency, but that HIVE, LBC, or any other crypto amount is the more-less the same as it was before... So, when the price goes up again, you will have more...

Red is for accumulation, green is for spending...

Thank you for your valuable time,

~ph~

Music in video:
Growing Up by Scott Buckley https://soundcloud.com/scottbuckley
Creative Commons — Attribution 3.0 Unported — CC BY 3.0

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40 comments

@ervin-lemark 75

almost 3 years ago

Stay calm and have patience. If you didn't seel when it was at the top there is no need to sell now :)

@tipu curate

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@tipu 68

almost 3 years ago

Upvoted 👌 (Mana: 11/22) Liquid rewards.

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@ph1102 77

almost 3 years ago

If you didn't see when it was at the top there is no need to sell now

Exactly! Stick to the plan and don't do things in panic... ;) Fine-tuning goals have sense, but changing them with a huge difference is always a bad idea...

Thanks for the curation!

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@pizzabot 58

almost 3 years ago

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@misterengagement 57

almost 3 years ago

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@bitcoinflood 79

almost 3 years ago

Picked up some myself partial from the gains of cashout out that crazy dogecoin lol. Now I have MORE in a project and projects I truly believe in.

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@ph1102 77

almost 3 years ago

When everyone is selling, we are buying! That's "our" thing :) :)

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@pizzabot 58

almost 3 years ago

@ph1102, sorry!

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@misterengagement 57

almost 3 years ago

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@blockchainyouth 63

almost 3 years ago

100% I’ve picked up quite a few HIVE I hope to be able to get some more too

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@ph1102 77

almost 3 years ago

woohoo! I hope that you did it right! The recovery will not happen in a day, but in a long term investing in crypto is a no-brainer for me...

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@blockchainyouth 63

almost 3 years ago

Definitely my man couldn't agree more!

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@misterengagement 57

almost 3 years ago

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@kingneptune 62

almost 3 years ago

@ph1102 Crying? Are U crying? There is no CRYING IN CRYPTO! The King borrows from the movie "A League of Their Own." However, the reference was to, "there is no crying in baseball". Have a blessed evening! GO LIOTES!

WOO HOO!!! Youz two yuts are doing an awesome job! Thanks for being you!

The King sends his blessings and

!BEER

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@ph1102 77

almost 3 years ago

Heheehe.. I had to check the movie... Great gang of actors... :)

Thanks for your kind words!

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@pizzabot 58

almost 3 years ago

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@misterengagement 57

almost 3 years ago

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@beerlover 64

almost 3 years ago

^{View or trade BEER.}

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@robwillmann 63

almost 3 years ago

Here's how I have been weathering it all:

I bought INDEX yesterday. Moved me up to 10th on the richlist. I sent a little hive to cublife for the presale.

#winning.

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@ph1102 77

almost 3 years ago

Yup! Everyone is selling, we are buying! That's the right attitude!

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@misterengagement 57

almost 3 years ago

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@luvshares 58

almost 3 years ago

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@jfang003 75

almost 3 years ago

I didn't really do much besides sit on the sidelines. I don't really have a plan to enter any positions or get out of any positions since they are a long term hold.

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@ph1102 77

almost 3 years ago

You did smart! There is no reason to stress if you have a long-term hold!

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almost 3 years ago

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@misterengagement 57

almost 3 years ago

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@eii 71

almost 3 years ago

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almost 3 years ago

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@ph1102 77

almost 3 years ago

Thanks for the support!

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@luvshares 58

almost 3 years ago

Hi @eii, you were just shared some LUV thanks to @ph1102. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares

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@vikisecrets 77

almost 3 years ago

Hump Day and Bee Day today :) https://www.un.org/en/observances/bee-day

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@ph1102 77

almost 3 years ago

Awesome! Perfect day for watching how crypto markets are recovering :)

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almost 3 years ago

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@misterengagement 57

almost 3 years ago

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@gadrian 74

almost 3 years ago

These deep dips are very useful for us. Besides the possibility of accumulation, they remind us coin also go down, not just up. It's easy to forget that in a bull market.

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@ph1102 77

almost 3 years ago

Oh, yeah.... The school of life... As someone said on Twitter, it's not an accident that word cryptocurrency starts with CRY :) lol...

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almost 3 years ago

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@gadrian 74

almost 3 years ago

it's not an accident that word cryptocurrency starts with CRY :)

That's a good one! :) Too bad the name doesn't say anything about the excitement. Although the tears can be of happiness or of sadness. :)

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@misterengagement 57

almost 3 years ago

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@hivebuzz 74

almost 3 years ago

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