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Do not be influenced by others

All Cryptocurrencies

by COINS NEWS 134 Views

Times like this you'll start to see reddit posts and crypto youtubers telling you that crypto is going to go lower, crypto is going to bounce from here, giving you that little push to capitulate (sell everything in loss) or to go all in (losing purchasing power).I've been on both ends and ended up letting go of my plan because I felt my strategies and ideas were dumb, only to see the market end up exactly the way I predicted or hoped for (Here are my experiences that I regret) :

  1. Nano (Nov-Dec 2020) : Nano was getting attacked left-right center with spam attacks and whatsover, Crypto reddit says that Nano is a dinosaur and it's dead and everyone is in defi protocols and all. Ended up selling before the bull-run from (0.85$ - 10$) #bigregret1
  2. CRO (21 December 2020) : Everyone said CRO ecosystem is dead with them changing staking amount from 10000 cro to 35000 cro to 4000$ staking amount etc etc and that cro ecosystem is dead. I was in a crypto group and someone told me that there are better opportunities out there than to hold CRO. So I ended up selling my CRO holding stablecoins only to see it pump all the way up with news after news, 70b token burn and all. Ended up selling before the bull-run from (0.05-0.25$) #bigregret2
  3. CRO (2022) : I told myself I was going to reaccumulate CRO at under (0,15$) which coincides with my fib levels but news about CDC with all their sponsorships got me thinking that they're here to stay and they already dropped 60% from 0.98$ to 0.35$, so I ended up putting somemore at these prices (0.35$). You know what happens after. #bigregret3

TLDR: Do not let your plans be influenced by others, because at the end of the day its not them to blame but yourself for taking action. This goes the same for everything in life, career and education etc. Thank you for reading. Stay safe and remember to manage risk!

submitted by /u/Jolistic
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