What to do and what I have to do

The crypto market has been in a very terrible condition lately but I never truly adjusted to the market as it is. Even when the wider crypto society reacted positively to minor pumps, I never really got excited because I never really accepted the situation.

I guess a big part of my view of the market is based on the fact that I have already seen the market in a much better position. I know how good things can be, so minor relief from where we are today doesn't exactly fill me with optimism.

One asset that everyone reading this publication obviously can't ignore is Hive and as we move through the gears of what could be a bull market, we're seeing a minor pump happen in front of us.

I try not to get overly excited by events in the market because, as I said earlier, I've seen better times but I have also experienced pain fresh after a relief. I don't place too much emphasis on short-term activities in the market because they hardly ever tell the whole story.

The crypto market as a whole is filled with people with short-term memory and it seems most of the opinions are solely based on that. No matter how many times we say it, people refuse to zoom out and this lack of perspective reflects on what we see in the mainstream media.

Feelings and Reality

I try to separate my feelings from my reality because they are in two different realms. There are certain targets that I have to achieve in the short and long term that determine my decision-making with my crypto.

My decision to buy or sell an asset isn't always connected to my belief in the said project. In fact, virtually every project that I currently hold assets of are projects that I would be fine with holding for the next ten years.

At the same time, reality often paints a different picture and it is often difficult to work with the cards being dealt in certain situations. For example, the situation with GLX where I have to sell at some point but with the market where it is today would mean a loss.

Hive is also in a pretty bad place right now but the short-term pump has gotten a lot of investors excited. I don't think the excitement is because of today's price but more about the potential that the future holds.

Naturally, we hope for the best and will be looking to make the best out of every situation. However, that all depends on the short and long-term movements that the market could make.

Posted Using LeoFinance Alpha