Another Chapter

in #cryptoyesterday

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There's an account I follow on Hive, they post a lot about finance, money and crypto. I enjoy the content they do because it's motivational, educational and uplifting.

Most of the discussion I have with people are mostly about money, and I like learning about money or opportunities that are related to money.

Recently I discovered their content style has changed to something they wouldn't originally talk about and I began to guess; perhaps a next of kin now uses the account, they handed the account to an assistant or maybe they just began another chapter in their life and wanted someone to continue using the account.

New market/different opportunities

In the past few weeks, I've seen a lot of contents about people finding new commitments, new hobbies, life and other things.

Generally I feel that this is somehow related to the crypto market at the moment. Back in early 2021 and 2025, I noticed a pattern and that was the sudden interest in crypto.

People suddenly want to save in crypto, do everything with crypto and make outrageous money.

They no longer wanted to walk walk their dog, or get the 1% guaranteed APY for saving in their local bank accounts, some even left their former moneymaking opportunities because of that big pump in 2021 and early 2025, but again, it's abandoned, and suddenly people realized oh "seems crypto is dead"

Different Audience

I've realised a few things from these: crypto is a not sustainable hobby if you get discouraged easily. The crypto space is heavily diluted, no longer as self-preserving, decentralized and enriching as it was. The market is spreading too thin and lastly you need to build without the barrier of cycles to actually make profit.

In the next few months more people are going to leave crypto, it's not a Hive thing. It's more of an altcoin thing, as well as the lack of excitement we currently have. Nothing seems look good, the narratives and story isn't as previously rewarding and only the people who are builders and lovers of the tech are available.

I'm I going to ask you to keep staying?

No, I won't.

Everyone has the right to choose between leaving and staying. The fun fact is that you can still chase other big narratives while still coming back later.

I think the best part of crypto will be coming in when the noise is suppressed, buying up and then coming back to cash out when the noise becomes excessively loud due to pumps.

In reality, I think this is also the best time to build if you're coming from zero, but I don't think anyone is actually qualified to advise another person, because people should be allowed to do whatever they want at this point.

I've been sharing my failure and success stories on Hive since 2017, and I think all continue, God willing. People are going to act in the most favourable way that betters their life, just watch, learn, do your own research and do what's best for you.

It hasn't been a good month for me, as I lost the money I earned from my previous Gig. The current market is making people start up different new chapters in their lives.

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People think it's easy money, most of the people, while if you are in crypto for profit it's nothing different than stock trading (or shares trading), if you can't handle it, do crypto for fun or the sake of it, not too seriously

Yeah. It's not easy money because anyone can easily get burned. I've been in the game for 8+ year and still I've made more mistakes that has cost me dearly, but at the same time, it's still my biggest chance. I think somehow we can't separate the dun from actually moneymaking lol.

I do have a simple strategy for now. Sell ETH at 2100. Buy at 1800-1900. As many times as it is possible

Edited

Lol wouldn't you be losing money at that rate?

lol yeah. The other way.

Hehe, edited, gotten lol.

Some people only see crypto as an investment to make more money, they need to realize it's your own money in different form that they can spend on regular things if all goes well.

Well it's not bad to see it only as an investment. Somehow if I had this mentality about 4 to 6 years ago, perhaps I'd be financially free at this moment

Not a day goes by thinking about it, if I had invested in crypto when I was first introduced. Basically it's from 2013.

My own regrets was not taking profit when I should have.

Yeah, that hurts even more.

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What I have learned from experience since I started doing crypto is that it's not something you can depend on as a primary source of income. You can get depressed or go broke when market crashed. Crypto is enjoyable when you have a solid source of income in real life and only investing in it as a store of value.

Anyone whose primary source of income is crypto would always likely going to start over again many times. Rug pull, market crash, and even wallet hack can wipe away your hard work of many years in a minute and make you look stupid. But even in all that, you still wouldn't leave entirely, you can only chose to minimize your exposure and only go for where you can earn it without investing your money. That's exactly what I have chosen to from this year onward. I just need peace of mind.

The days of easy crypto money are gone and so people move on, that's human nature. I'm sticking with crypto, but I'm spreading out my portfolio quite a bit more now than in the past. Less crypto and more assets outside the digital world.

You've had a rough month, I'm glad you're hanging in there. It's just sad that there are so many scammers in the world...

The markets are always changing, and I think it's become a reality that money isn't easy in crypto. I don't think it's as easy to make a living off of it anymore. Nothing comes easy, and I honestly think that crypto is more of a sidegig with its current state in the market. It's no longer a new hot thing, and it's making its own place. So to keep that interest, it needs to have things that make it stand out.