Why 90% Of The Market Will Always Lose
Making money in any financial market requires a certain something that not everyone possesses. It is difficult to actually put into words because it is not merely one single attribute but rather a completely unique way of viewing things. Successful investors act in a way that many think is counterintuitive. However, It is actually rather imperative to their success. The "smart Alec" reading this thinks that I am either delusional or trying to be funny.
The truth is that until you are able to understand and execute the following truth, you will never enjoy meaningful success.
Money is made in bear markets and realized in bull markets
In other words, what you did during the bear market of 2018 is directly proportional to the success you are enjoying today. If you were not active during the bear market, what are you hoping to expect? Jumping on BTC at $30K and above is not going to provide any meaningful returns. However, the investor who was busy in the heart of the bear market and bought at $3K has enjoyed more than a 2000% return.
The investor who bought above $30K perhaps was lucky enough to make 100% if he locked in gains at the peak. I don't know, 2000% vs 100%? Are they even comparable? The 100% investor arrived on the scene when the market was bullish and the previous ATH had been broken. The successful investor enjoying meaningful gains was on the scene when blood was flowing knee-deep and everyone was predicting the death of Bitcoin, including Peter Brandt.
No matter what you believe, this is how the money is made and if you can't take part at this level, you should prepare yourself to settle for traditional market returns. That being said, there are the lucky guns who jump on the "right meme coin" or some other altcoin in time for an explosive move. However, most lose those gains as they are not in touch with the market and don't understand how quickly those gains can be erased. This is a game for the committed and long-suffering. Fly-by nights are quickly destroyed in this market.
Opportunity Within Loss
When markets bleed and your portfolio begins to look a bit skinny, remember that there is now also an opportunity to build what will later become very significant in terms of bolstering your portfolio. So even in a bear market, the wise remain bullish by building. Prepare your mind, set up your strategies and mechanisms, and go go go!
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
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I couldn't agree more with this! From my personal experience, it was nice to ride the ETH wave in 2017 with mining... I was adding new hardware every 2nd month with earnings... But, when bear markets came, I was mining more ETH coins as it was almost unprofitable and many people gave up... Those were the moments when I have accumulated the most...
The same goes for HIVE... Now, when it's over $1 everyone is creating content, but when it was 10-15c, then we have accumulated the most... Bear markets - accumulation, bull markets - taking profits... ;)
I have picked this post on behalf of the @OurPick project and it will be highlighted in the next post!
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Thanks for the share :) Yeah, I have been posting fairly consistently on Hive for a while and I agree, churning out the content at like a $0.11 HIVE price definitely rewards later on. I just keep piling it up and wait for a moment way down the line... $1 or even $3 is still very cheap when I consider where the price could actually go in the next couple of years.
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This is spot on.No success is made when everything is blowing up. We see this is sports much of what we watch is is the off season, how much training did one put it (how did you play the markets when candle sticks where red). Investing is long term so is crypto this whole game is behind the tech how much belief do you have in it expanding ( thus the need do watch use case of a coin). Like we all know all work and now play makes jack a dull boy (throw something at meme coins) enjoying and growing is all there is in crypto (the gains are nothing but growth).
Yip, this is how you do it if you want life-changing returns...
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Completely agree. My portfolio now was born during the crypto winter. It looks really solid on paper given the bull run but I know that the bulk of the hard work was when everyone was saying projects were dead.
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Significant growth takes place after 10 years in my opinion. When you look back at how much you invested, compared to the value attained... it's beyond exponential :)
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