Trilemma Of A Crypto Investor

The crypto Journey is definitely not an easy journey but at the same time, it’s not the hardest either. The journey is filled with lots of experience, sometimes you are happy, sometimes you are sad, sometimes you are feeling indifferent. We learn a lot and tolerate a lot especially the psychological part.

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This takes me back to my forex trading days, those days were one of my most psychological intense days. I get migraine every day because am always calculating the chart like I control it. This is the reason I dislike future trading, my feeling for forex and future trading is, anyone that trades futures or forex is a gambler. You can’t tell me otherwise, that’s just it.

Okay, let’s get back to the reason am writing this post. So I was laying in bed thinking about the next post to write when I remembered the three feelings you have for being a crypto investor and these feelings are:

BUYER Feeling
HODLER Feeling
SELLER Feeling

Let’s talk about the BUYER Feeling first, because that’s the first stage of being a crypto investor. You buy a coin hoping it will moon right, have you noticed that when you buy a coin 90% of the time, the coin starts dipping afterwards. As a Newbie, you start getting worried when you start seeing the value of your money drop from $100 to $95, and you start wishing you didn’t bought the time you bought the coin. You start wishing you had bought after the dip to accumulate enough tokens. So there is always a “if I buy a token it dips” feeling. So what do you do, do you HODL, sell or buy the Dip? You get stuck in the trilemma feeling.

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The next feeling is the HODLER feeling, where you chose not to sell your coin because you think it’s just a dip and the price will go back up. But then the price doesn’t go up, the price starts consolidating for too long, it seems like there is no progress, so you get stuck in “what if I hodl and the price consolidate instead of going up” feeling. Sometimes during consolidation we want to buy more but we are still scared of more dips after buying, so we choose to wait for dips so we can buy but unfortunately the price might just keep consolidating. All these feelings mess with a crypto investor’s head.

You get tired of hodling and buying because you haven’t made profit, you start considering selling. This is where we move to the SELLER feeling. The moment you are about to click that sell button, you start thinking, “what if I sell and price moons to the price I have been waiting for”. You imagine how you will feel selling your token and it moons, then you start telling people I had this token before it mooned. You don’t want to get stuck in that regretful feeling for a long time.

This trilemma is my experience, these are feelings I felt when I newly started my crypto investment, not until I learnt about Defi and passive income earning. Thanks to defi right now, you can stake those coins and they give you passive income that will sustain you while you wait for your coin to moon.

Gone are those days when I worry about entry points to buy coins, right now I buy coins at the spot. This is because I have developed a tough skin and mind for crypto investment, I trust that crypto is the future and am on the right path so I don’t have to worry myself anymore about dips.

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