A Pocket Full of... Time Spent In The Market

About two days ago I was talking with a good friend of mine on the phone and he was actually leverage trading on Binance while we were having that talk. He has quite a lot of experience with gambling as well and he's not too patient with simply investing in some crypto, leave it on a wallet and come back for harvesting after a few months or years.

He's always in a trade and he can't park his portfolio on USDT at all. During the call he wasn't sure on what he should put his money on and my suggestion was USDT. Get a clear picture and start a trade once again. If you're a long term holder than you're probably not too interested in owning any USDT, but for gamblers as him that could be an option once in a while.

I also remember reading a post of @taskmaster4450 yesterday in regards of FOMO and how many investors are falling easily into this thing called FOMO, that happening mostly because they refuse to see beyond an almost lost opportunity. Yes, that train is probably gone, but another one will come. They always do, no matter the market, otherwise there wouldn't be a crypto market or a Wall Street.

I'm not into trading anymore, I've had my days of swing trading and now mostly holding all the way to the top and hopefully unload near the peak. Ever since I bought my first crypto though I kept on hodling, not the same coin for all these years, but never out of any position or parked on USDT.

I haven't done that because I understood the game and how the market cycles follow one after another and was in a great entry position. No, I was simply afraid of not being lost behind the train once it leaves the station, like BTC or any other crypto would moon over night. Silly me...

I could have made much more profit if sold everything at the beginning of 2018 and get back in sometimes in the 2019-2020 time frame. I haven't done that, because I lacked understanding, but I am still on profit and honestly I'm doing quite good so far. Yes, I could have probably even 10x my investment to this point, but it's too late for regrets.

I have that time in the market though. If I'd simply HODLed USDT from 2018 to 2020 I would have probably not been so connected with the market, the news, all sort of events and even my blog here. Being somehow plugged in, I've got to spend some months and years getting educated and coming to a sort of understanding of this space.

That in my opinion is way more valuable as any 10x I would have scored because it acted as a fishing rod that will come at hand catching me more fish for the future, than a simple meal would put on the plate. It's crystal clear that I haven't timed the market perfectly, no doubt about that, but that time spent in the market is definitely not wasted at all.

A matter of fact I don't regret a second watching prices go up and down every day, being with my eyes on the screen when the black swan occurred one year ago and witnessing how gradually after the halving we have commenced an uptrend. One that is still in full swing and will probably be as such for another half a year or so. Who knows...

Quite a few in here will make a lot of money this bull market and I mean that. If I don't sound convincing in that regard then go read some of @taskmaster4450 posts and you'll change your perspective. Some will get rekt really hard too and it's part of the process. The loss is not that painful if you've learned anything from all the time spent in the market.

That's valuable experience one holds for the next cycle, for the next DEFI or whatever the crypto space will give birth to. There will be more trains, but while on the train station bench waiting for the next one, don't waste that time. Use it for your personal wealth. Add knowledge, learn skills and treat yourself with patience.

That's what I learned from my time spent in this crypto market and I still have a lot to learn. This ecosystem has just started extending its tentacles and it's actually creating a beautiful world, a world of abundance and opportunity. Have a great day people and see you to the next one.

Images courtesy of unsplash.

Thanks for attention,
Adrian

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