Turning Corners

in LeoFinance14 days ago

Do you ever feel like a dream result is just around the corner?

For example, a lot of people (including me) are looking to a period where crypto is able to provide value for living, yet at times that seems like it will never happen, and at other times, it is just around the corner.

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Very seldom, but a few times in my life I have felt that good things were going to happen for me, although it hasn't always eventuated. And, I have pondered whether my unconscious is aware of opportunity and potential, that my awareness doesn't see. So, when it has worked out, it was because I took the opportunity available, and when it hasn't, it is because I missed what was on offer.

Of course, we are always surrounded by opportunities that could change our lives in astronomical ways, but that doesn't mean that we would take the opportunity. There is always a longshot horse that comes home, and we can never know how many times we might have walked past a winning lottery ticket, dropped from a pocket.

But probably, we aren't going to "win" that way, are we? It takes consistent work to win on average, where the right things are done, even if they are not the perfect things. For example, it isn't likely that a person bought a thousand dollars worth of Bitcoin for 1 dollar each, and then held it all the way to the current 67,000, to turn it into 67 million. But, it is possible that someone bought a bit, sold a bit, bought a bit and held a bit over time, consistently increasing their stack to hold significant amounts of Bitcoin now, right?

Wish I had.

The opportunity was there, and over the last few years I have had the knowledge, but how much did I actually dollar cost average in? Not enough to be sure. Because had I made better decisions, I wouldn't have to wait until "around the corner" for life changing, it would have changed long ago. But I didn't sell peaks, hold, and then buy back at the troughs enough to take full advantage. I don't know many who have, and I don't know anyone who has taken "full advantage" at any point in their lives.

As said, there are opportunities everywhere, and sometimes I think what the result might be if we were able to live a day, week, or a year where we made the perfect decisions. I am guessing if we were going to look from a financial perspective, it would be something like in Back to the Future 2, where Biff got hold of the sports almanac from the future, and was able to bet on the winner every time. Ten 10:1 bets starting with $10 dollars and rolling it into the next sure thing, will amount to 10 billion dollars. Not sure which bookie could absorb those losses though.

Guessing the broken leg roles would be reversed.

The markets are interesting at the moment though, as while people don't seem to be very excited, Bitcoin hasn't been much (relative to the possible volatility) below the high a few months ago. If you look at the daily chart, it is just another day at the office.

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Which looks different to me than the daily chart from 2021.
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And the following months.
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We might be moving sideways for a while more, but where is it going to go from there? Will there be a corner turned that pushes into a peak, and if so, how high is that peak expected to be? 100, 150, 200?

I have no idea, but it does feel like something is happening and while my financial dreams are unlikely to be answered by Bitcoin, I also think that at least some of the alts are going to get runoff from it, and at the levels Bitcoin might reach, that runoff is a veritable flood pouring in. And while the tops are highly unlikely to last long, there will be opportunity abound, for those who have consistently been doing the work, not just waiting to find a dropped lottery ticket.

Perhaps.

Taraz
[ Gen1: Hive ]

Posted Using InLeo Alpha

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I remember last time when they were setting a target of 100K. I was so sure about it that I was waiting and waiting for it. Then it never came and I got left holding the bag. I don't plan on letting that happen again this time. I guess I should never say never though. I can't imagine this will be a perfect bull run for anyone.

There are a lot of optimistic expectations out there - but then there is also the expectation that people will sell because they think the market will drop earlier - so what to do? :D

I've found that no matter what, people always sell. I would plan on that. The majority of people are only focused on the short term these days.

Today I stumbled upon an interesting video on youtube, explaining how to retire using your crypto and not selling at all. I have thought about that option several times but he shows the past years data and forecasts the coming years with his assumptions and it looks quite interesting.
Selling high and buying low is way easier said than done, I just hold and forget about the markets, but this strategy may be the one I will choose if I ever reach a considerable value.

Will have to check it out. Thanks!

The crypto bros hate sideways. It means no moon and no Lambo. As someone interested in crypto as a substitute for government funny money, sideways means stability and predictability, an essential feature for people who might use it day-to-day. Sideways is good.

I expect that at some point, sideways has to e reached - but there is a long way to go before that I suspect.

The subconscious sabotages, so you have to align it with your desires first. If you're not really ready to receive what you long for, it won't end up coming.

The times when we have not taken advantage of opportunities is because we lost focus, otherwise it really wasn't the right train for us.

I think most of the time we don't take advantage, is because we aren't equipped with the right tools to.

yet at times that seems like it will never happen, and at other times, it is just around the corner.

Like I said I started making paintings in 2017. During those years I have not sold enough art to be happy. I also sold for less than I would want. But for some reason after all those years I am still optimistic about the future salles.

Still it would be nice to have bought some cheap Bitcoin...

I wonder if all the sell prices were double, would you be any happier?

I am not sure about that. x5 or x10 would be better. But I am not sure if that would make me happier. I would say that I get even more happiness from creation than from sales.

It's a very unfortunate situation man... I just wish everything we feel would Happen just happens but that's not the case with real life... However with me If I feel something would work, I try my very best to make the effort

For example, it isn't likely that a person bought a thousand dollars worth of Bitcoin for 1 dollar each, and then held it all the way to the current 67,000, to turn it into 67 million.

Yeah! because not everyone can be a foolproof clairvoyant all the time.

I remember the last bull run we had and so many people were predicting that Hive gets to $3. Honestly, if it gets there, I’d know I’m made. That’s because the cost of living here in Nigeria is extremely low and you can do something reasonable with your life even when you have $2000
I just hope that opportunity comes someday when Hive will get to at least $5

I mostly ignore what I have and occasionally sell. It's gotten me through some rainy days. While it is far from a millionaire situation I think in total I've done pretty well considering my very small investment.

Bitcoin's prediction was high but the market didn't catch up, it's going down because the bull run is over. Many have missed the opportunity to sell bitcoins at a really good price. They have to wait for the opportunity to come again.

I don't know about you, but that bounce on the Blue MA is exciting. It seems the bounce there seems to trigger a rally in the past, based on the images you shared.

Life is full of opportunities and I think there are many opportunities. However, the lifechanging opportunities are probably few in number and having that go your way is rough.

It's hard to really know when crypto will move the way you want. So I think it's better to just remember your plan when it comes to the market charts. It could be your trading plan or your research in that investment.

I want to congratulate you for your incredible work and dedication – your efforts truly inspire and elevate our entire community!