Hello there my Steemit friend:
I'm sure that today is one of those rough days when its extra hard to keep a smile on your face. This is precisely why I decided to write this post at this moment, because I realize that you might be feeling very disheartened, very disappointed with the current market valuation. If you are feeling panic, if you are feeling stressed, I hope this open letter gives you a reason to remain calm and keep your hopes up.
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I've lived most of my life wearing many hats, as an artist I've had to fight to achieve what I've built, but as an Entrepreneur my ability to remain calm, to practice patience, to find my emotional balance has been tested to absolute extremes. This has been the case almost from the start of my professional life, and it continues to be so even today, many decades later.
Spending half of my time traveling, living in Brazil as well as USA, I've had the privilege of having a somewhat objective view on the way markets behave. The country where I was born, Brazil, is extremely hostile to those with an Entrepreneur's heart. Without going into specific details, just attempt to imagine an economy were being late on a credit card payment, or paying the minimums due to financial hardships, results in 400% annual interest.
You might be asking yourself. Why is this relevant to the conversation? Well, to put this into simple words: Operating in an economy like Brazil has taught me to really learn to control my emotions, to keep a level head even when the situations looks extremely difficult, in order to make the best decisions possible.
Looking at the cryptocurrency markets today I was reminded of these particular times in my life and I thought it would be a good time to invite others to reflect upon this realities of the markets. This cycle is actually very normal, and not only within cryptocurrencies, but you could make the case that it's normal in life in general.
I realize many people who participate of this platform are having a really hard time at the moment, not knowing what's going to happen to all the time and money they have invested on Steem. I can see as well that many are selling their tokens in panic. It's obvious when I see the order books on exchanges like binance. But I'm here to tell you that today, right now, is not the time to be selling. It's actually the absolute worse time to be selling your holdings.
As an Entrepreneur I've lived through many financial winters, but overcoming those hard times was not a thing of coincidence or luck. I remember vividly those moments when my emotional fortitude was tested, when I believed sometimes for just seconds there was not way I was going to come out the victor on the other side. I would fight those negative thoughts not allowing my mind to ponder those possibilities bringing me anxiety and pain.
It was just a few weeks ago that I shared on this blog one of my favorite movies, The Pursuit of Happiness. My personal story may not be precisely like that, but in many ways I relate a lot to the character of the story. I also had to struggle to grow, to learn. I also started from the ground up.
When I was younger I did not have the advantage of having a mentor. Someone that could give me advice at times when I truly needed it. This is why I'm so insistent on the idea of keeping an open mind, on being receptive when people that have walked the path before share with us their experiences as I'm doing with you today.
I remember hearing a long time ago someone say that to make money, to create wealth, you need to have money. I know today that this is very inaccurate. At this point there are thousands of examples of people that inherit fortunes, or win the lotto, only to lose it all in a very short time.
To accumulate wealth, to grow, you need a plan, and you need the right attitude. And that is the core message I want to leave with you today. Hold your chin up high, don't give up, don't lose hope, look at these times like the opportunity to practice strength, to practice patience and nothing else.
As I've said already a couple of times this week, right now is not the time to be dumping our holdings into an exchange filled with fear. It's the time to get creative, to see if we can acquire some more, or keep the ones we have, while we patiently wait for the market to turn around, because we know it will. It always does. I believe in this so much I've made an effort to buy more Steem this whole week too.
I'm going to leave this post there, with a simple yet powerful promise. If we stay positive, if we learn to control that fear, that panic and work on our personal development, before you know it summer will have arrived. Then we can look back at these times and smile thinking to ourselves how much we overreacted to it all.
A huge hug to you all, much love
HMMMMMMMM........ This could be considered blasphemous but hear me out. Those who HOLD carry the bags of those who sold.
Follow me @crypto2crypto
Ill be doing Detailed research on coins very soon.
bottom will be when ppl actually go back to their real jobs
Lol, most already have 😂😂🤔
yes?
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I just upvoted you followed you please follow me back.
Done ....
i followed you and upvote, pls follow me back and upvote. Thanks
nothing is going to happen unless and until you boost up your reputation. post daily,at least one blog i have followed you do upvote me and my other posts.
Acabo de votar, estoy iniciando en este portal... Podrin seguirme y votar por mii..
hahhaaha
Follow me
I followed you please follow me back
follow me
i vote you vote me back
help each other to upvote and buildup our reputation. so lets make a community.
i followed you and upvote, pls follow me back and upvote. Thanks
Follow me pls...
ok
Follow me also and upvote
i followed you plz follow me...
Follow me and upvote
@crypto2crypto Well said ... I have lost my bags to most of them ;-) Now its turn to HODL.
Either you or I have misunderstood this reply...
I understand it to be...the person who holds, carry the bags of those who got rich by cashing in....
If I'm not mistaken he's giving some cryptically sage advice....Reading between the lines is crucial @shiv0072.
Peace.
Correct
✌!
@spiritualmatters I think you misunderstood me, Once before I had Bags to hold then due volatility I Sold everything. I couldnt become rich because of my eagerness. Now I want to HODl some and try become rich.
My deepest apologies....lol...Indeed, I DID! Thanks for clarifying; but, I like my version better; because, you will have to admit there's much truth in that on some level.
I'm HODL right now ONLY because I will take an even worse loss to sell at this point; and, I have zero yen to study crypto on any level. Thankfully, it's in the wallet doing whatever it will do.
This Steemit experiment is showing me how much energy goes into 'successful' trading. The volatility can be draining. Kudos to all who have the yen to 'play' the 'game'.
Peace.
Hardest part of research is when you find the right coin but can not decide what to sell/trade to get them without invest new cash
@crypo2crypto does btc will go its all ime high ?
@crypto2crypto followed you, what is your opinion, is btc hit all time high end of this year ?
Now that coinbase has clearance we could easily see 20k
Hey i just upvoted and followed you please follow back
Kindly upvote me also...
p/zzz don't cry
wonderful
nice nice
Ok I will look foreword to know details :)
I gave a follow and upvote you please follow me back.
i rely sir
Rather those who hold carry the bags for those who will buy
I upvoted and follow you @crypto2crpyto please do the same for me
@chbartist Do you really think about bitcoin can again reach ATH this year ??????
i followed you and upvote, pls follow me back and upvote. Thanks
4months ago My portfolio was 10k now it's only 850$.... I hope we can see the bullrun very soon
9 years ago my portfolio was 5K now it's ;)
How Much Money u made with Crypto ???
everybody read please https://steemit.com/bitcoin/@windofrebel/piyasa-yapici-maker-ve-piyasa-alici-taker-emirleri-nedir
i followed you and upvote, pls follow me back and upvote. Thanks
It will be back no worry
hang in there! by end of 2019 you will be happy! :)
I wish I could say that the next bull market is just around the corner but I believe it is going to take some time. The 2013/2014 boom and correction cycle took almost 2 years to transition into another bull market. I am not saying it will take that long this time but we must be prepared to be patient. I believe it is only a matter of time until the next bull market, the question is how much time? My opinion is that those who are patient and wait for cryptos to bottom, then use that as a buying opportunity will be richly rewarded.
Belas palavras de incentivo para tempos difíceis conterrâneo. Realmente quando se trata de empreendedorismo e livre iniciativa o Brasil é um pesadelo, isso pra dizer o mínimo.
Great post!
Thanks for tasting the eden!
Very well said man. I would also like to go a bit out of boundary now.
Many altcoins are going to 0. This is exact repeat of dotcom bust. The difference is the impact of crypto meltdown is insignificant compared to dotcom bust. .. One other difference is many companies have raised significant capital via ICO and the cost of operation is very small. So they can continue operate in the "zombie" mode for long time. This is not good. It would be better to fail and consolidate.it would help few good companies in come out and drive the crypto growth and adoption.
I believe top 50 altcoin will survive
No they won't.
Hi i m just follow u dear i hope u will be just fllow me .
Yes I agree but some can have a future.
Do you think IOTA will be used in the IoT network or is it more likely that companies like IBM will get the lead with their private blockchains?
it will great to see many shitcoins finally hit the fan. the market will be better afterwards
Man should always be optimistic. Because everything in the world moves like a wheel. Down today, then tomorrow will definitely come up.
Thanks for increasing the courage in time. I will hold my cryptocurrency.
We do not do the work in which the profits are fixed. We do the work in which there is a risk of losing.
Wot a wonderful thought 👌
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Thanks
Yes @chbartist, it's hard time for every crypto lovers no one knows what will happen next day in the market.. every thing is uncertainty in the market, even most experienced traders can't predict.
But Now I'm thinking that Bitcoin is beheaving same as 2014, and if really it follow the year 2014.
Then it might be take a long time to be recovery.
just read below blog here
https://steemit.com/mgsc/@devkapoor423/bitcoin-alert-what-will-happen-if-bitcoin-will-repeat-2014-trend.
But what do you think Mr. @chbartist about market is really take long time to recover or will recover soon???
I hope you will support @devkapoor423 with your UPvote and comment on my opinion..
Thank and follow @devkapoor423
Hi @devkapoor423, I think the market recover soon!
this bubble correction is moving twice as fast as the 2014 bubble. if that continues, by end of 2019 we could seriously be at 100k btc
These are very true words.
Although there's no way of knowing exactly how the crypto currency markets will react in the end (it's all still new and subject to many unexpected changes, legislation, etc.), I still hold on to my crypto investments. True, it's not fun at all to look at the portfolio and see that the amount written there grows smaller and smaller every day, or that my Steem vote value grows smaller even though I continue to earn them and technically should have a higher value than before; but I do believe it's only a temporary thing, and that in the end it will be fine.
Here's to hoping, fingers crossed :-)
ITS TO REALLY THING BUT DO U HAVE ANY IDEA ABOUT TRON AND ADA BEACAASE OF I HAVE LOTS OF COIN THESE ARE I HOPE U WILL SUGGEST ME AND ALSO UPVOTE ME FOR THAT .
hey sir please saport me on steemit platform
https://steemit.com/mgsc/@vichar/-f8e3d3f51adb
Hii IM just follow u pls follow me back thanks
Crypto hold is gold
Hii IM just follow u pls follow me back thanks
"Traders can only steal your profits if you sell."
I love that post so inspiring, grat job
Who read the inspiring post he/she love his/her life more.
it is true it is an inspiring post.
@nuevo you r right nurvo
Thank you for the encouragement, it's been a tough few months..
yes @chbartist you right, i'm fully agree with you .
more people say's that to make money, to create wealth, you need to have money.
But it totally wrong .
Great blog . very impressive .
@chbartist i want to a blog of your sucess story on steemit. can you write a blog about this ? please reply me
please .
Hi, @krishnackt11 You can read my posts Building Road Success Chapter 1 2 3 4 ... Regards
oh ok thanku so much @chartist
Hii im just follow u pls follow me back thanks
I followed you please follow me back!!!!!! FOLLOW MEEEE AAAALLL!!!!! :))
welldone Friend ,like u r other daily posts u have also written a good one today,As u explained here about your experience of working at BRAZIL & U S A ,is descibed in a very good way .you are using so simple words in u r writting that even non experience man follow your points of view.we can become perfact in our work after learning good work of our seniors who has gone through in the all kind of circumtances.i hope that u will guide & support me here in steemit to become a successable investor.Thanks
@chbartist i found always my self @HODL, i believe on hodl because in market lots of whales are manipulating the market better is just hold and set target in your mind when you will sell your portfolio. i am holding since 24-Dec. i know i was in now loose every money but i believe my decision is right and until the end of 2018 i'll be in profit. what did you say my decision is right as i'm from the @HODL poeple.
you say, "If we stay positive, if we learn to control that fear, that panic and work on our personal development, before you know it summer will have arrived"
This is what I am trying so hard to do, but my financial situation is so dire, I cannot see that far.
keep your mind focus always in solution not on the problem. If you look for 1 this side, you can't see another. What your choice? All the best @fitinfun
Thank you. I am reaching out in every way I can and staying positive. steem/sbd is up slightly today :) I really appreciate your kind words and upvotes. Best of luck to us all.
I am also believe that whatever we live now is not perminant and the market will turn around. At the moment, or during a few weeks, Steem is just experiencing its borders to know how much it could be shrinked. It looks like that it is tring to know its border. Stay possitive stay cool could make us feel better and wiser... Thank you @chbartist
hey sir please saport me on steemit platform
https://steemit.com/mgsc/@vichar/-f8e3d3f51adb
Thank you so much for sharing such a knowlegeable post. After understanding all the aspect I can surely say yes this is the right time for investing in Crypto Market.
Sir, before joining steem I saw a dream I want my post should be on trending...
Could you help me
Please findout my mistakes from my posts and let me know.....
I will grateful to you if you read my post and give your feedback I will be very helpful for me...
Thank you ;)
https://steemit.com/eos/@amar15/ripple-xro-huge-partnership-ripple-expected-to-jump-to-usd20-after-official-announcement
Agree and follow your direction.
in my opinion I believe the wheel will continue to spin and will roll things around. we must look to the future with optimism so it is not easy to panic too. When things are under the winter it must be strong to survive to welcome the spring and sure will come the time of summer. however, in this gripping winter we must remain faithful to the consistent stance to run the platform well.
If we can think that steemit is not just looking for change and trying to make steemit sebgai social means to make a reward as a bonus then we are never disappointed.
that a businessman, a panicked trader who sells assets because of panic can be dangerous because when it comes to steam price fixes even have nothing. then you should wait patiently and remain optimistic.
Warm regard from Indonesia
I am agree with you.
hey sir please saport me on steemit platform
https://steemit.com/mgsc/@vichar/-f8e3d3f51adb
@chbartist thank you for the words of encouragement. I like your spirit. In any case, it is good to have a believe knowing that it is a step to greatness. No one can really succeed without having to hold unto something like you rightly said. Success is for the strong heart and ability to remain resolute is the key to it all. Thank you once again.
great time to invest is now
Paid my precious time on your article and got to say i have got the patience i needed after all these time holding my crypto, almost gave up in this downfall of the cryptomarket. I will hold on to mine till the bullish time comes to the cryptomarket.
Huge Thanks to @chbartist, what an inspiration and a huge boost in the article 👍
This is a very useful post, as it made us ponder on what is worse: faking positivity in pure motivational-life-guru-style for votes, buying an inordinate amount of votes, giving irresponsible investment advice based on nothing, or the sycophantic commenters trying to get crumbs from your table.
agreed. there is no better than time to invest. it may go down still but its better to get in now or risk the chance to miss out.
it's really beautiful!
Bitcoin is still going up, I think!
A good start!
down hill from here
I don't know but things do not match to me here... Something's wrong...!
@chbartist the post is so motivational and I feel so positive by read it...one thing is sure after read your post that procrastination is the worst thing in the world....everyone must must follow the rule-- Do it now or lost it forever...
Emotions get in the way of so many. I am glad you talked about the mindset required to obtained wealth. Negative hypes comes and people buy into it, which causes them to burn and regret later.
It is good to see someone with the similar mindset with wealth and your success is a good motivation for someone else who wants to be successful.
Great post.
Hii IM just follow u pls follow me back thanks
Did you realize trader's line goes much higher? :)
amazing
interesting post to read
thanks sir i am very sad but you advies better feeling
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yes right this is intresting post
Crypto hold is Gold ☺
@husnainali4 yes it is
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Hii IM just follow u pls follow me back thanks
Hii IM just follow u pls follow me back thanks
Hii im just follow u pls follow me back thanks
Hii IM just follow u pls follow me back thanks
NEO Black Sea Community launched
Established July 1st in Signagi, Georgia by NEO enthusiast
This weekend in Signagi, Georgia, the official NEO Black Sea community was established. The community’s goal is to contribute to the smart economy as envisioned by NEO, in the Black Sea region. Spotcoin is one of the founding members, together with independent developers and entrepreneurs based in countries around the Black Sea. On its own NEO Black Sea Facebook page, the community published a brief statement:
Read More on :- https://medium.com/spotcoin/neo-black-sea-community-launched-ff0d479d3bad
Thank you for these powerful words....As always, an encouraging word is timely. I have to agree the Pursuit of Happyness is indeed a movie to remind one the power of perseverance and persistence needed to achieve the God-ordained gifts.
I'm reminded of Hebrews 11...Faith without works is dead. The movie depicts this guy's inner fire, inner belief, that given the chance, he wouldn't let hurdles/obstacles quench his vision.
Thanks again @chbartist...Sometimes, even the encourager, needs a boost of encouragement. Posts such as this remind me of such!
I gleaned the positive; but have to disagree with you on who does what with their crypto and when....There's something all wrong about telling people not to power down (panic sell) when the CEO just powered down a huge amount a few days ago. In all fairness, he 'did it for the good of the community.' But, just sayin'...the most positive vibe would be to allow people to do what is in their spirit to do...otherwise, as most will...end up as another blogger stated in this post..."carrying the bags of those who sold"...Btw, your initial tag dropped the c...is this a subliminal, Freudian slip of sorts, 'rip'-tocurrency, or just an in-your-face hint.
Best regards, and just a tip! to keep your spirit and stories of encouragement alive as a light for others as well.
Peace.
a very useful suggestion. thanks @chbartist has given motivation and inspiration to all
@
[-]suhardi I upvoted for you and I think you will vote for me.
Crypto hold is gold
Hii im just follow u pls follow me back
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Reinforcement is must to remain sane and motivated. U have done exactly that at right time. Applaud u.
Yes bro u r right it's a time to do some thing different do something new.... in steemit
Yes it's the right time
Hmmm you are correct that extra hard to keep a smile on our face. You choose a good decision to write this post .i appreciate this .... 😊
Really this uncertainty is present and we are in constant search of the currency to be agreed, without a doubt we have this issue in common. Great advice that is appreciated ... I congratulate you for having them ehhh excellent publication.
@chbartist sir we want more positive post like this from your end. This will help us to improve our positive attitude.
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you added meaningful post
Beautiful .. well done, wonderful work
Great post from you
Thanks for sharing..
Very Motivating mate!!! You are absolutely right life is a struggle,some day will be good and some may be bad ,therefore always remain positive in life .
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A real motivational writing. Holding coins is the right decision considering current situation. Thanks for the advice.
Crypto hold is Gold
Hii IM just follow u pls follow me back thanks
@chbartist Crypto hold is Gold😊
Sell is hell 😣
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Please donate
Thanks for motivation
I am sure market will go up soon and future of all crypto currencies is looking bright
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Now BTC cost is very few. This cost flowing down and down. This is very bad for us. You are also right.