All you have to do is hold through this Bear

There's no doubt this has been one of the fiercest bear's I've ever encountered. Yep, I withered the storm after losing $6k on Bitconnect back in the dump and following bear of 2018. I even watched the tail end of Bitcoin go from $1000 all the way down to $150 back in 2014, followed by getting myself caught up in the massive scam of Gawminers in 2015 if anyone remembers that one?

Yeah, truth be told I've always been a fan of passive income and stake to win projects, which has proven to be to my detriment. That's why I created BRO. I wanted something sustainable that people could earn from and not be a scam.

It's no surprise that following lockdown, and also the war, economies have been in the toilet for the last two years. Food and energy is sky high, along with bills, rent and electricity. Couple that with a falling wage-to-inflation gap and we have a shitstorm on our hands.

I see it all around me. People I never thought I'd ever see sell out of BRO, legion, or anything else I've created have been slamming my sell walls. They aren't up there for long until 1000, 2000, sometimes even 3000 Hive gets taken off the market in one foul swoop. Do I blame them? No, absolutely not. It's brutal out there. It's blood red. People are getting their life savings massacred.

We see Bitcoin here drop below it's previous high in 2018, something it's never done since it began. This last year and a bit has been an absolute murderfest of carnage on our crypto value. Not only that but the dump is shaking out the weak willed projects and wrecking a lot of people.

That being said crypto is like the tide. When the tide goes out it washes away with it all the deadwood and litter. In a good way it's beneficial because only the strong projects will remain. If you're in a project that withstood the last two years then ding ding, you're onto a winner there. No matter the price, even if it's in the gutter, if it has survived this bloodbath then next year and the following year should be amazing.

What do I mean by that?

Well. Most rich people love recessions. If you look at 2008 when businesses were closing up shop and people were getting laid off left right and centre, the general public were hurting quite a bit. Joe Public would tighten their purse strings and go on a long spending hiatus because they knew that things would be tough to buy for a while, or even get a loan for. The rich however, they know this is the time to buy everything in sight. This is when riches are made. When the economy is bleeding that is when it's time to buy because it will eventually turn around and gain them money.

It's why the rich and poor gap is widening at an exponential rate. People that have disposable income are able to buckle down and hold through the shitstorm or even buy more.

That's basically it. The secret formula success in the next few years will be those that were able to hold onto their crypto and not spend it. That's all! Nothing more, nothing less. I point you to the example when I at one point had 14 Bitcoins worth around $4000. If I had held I would have nearly $400k now. However I had to sell them for food and necessities as it was my only mode of income at that time.

All I needed to do was hold.

So here is a plea to all you hustlers out there. Try and hold onto your crypto and start earning some fiat. Or at the very least try and start earning some stable coin. Also, if you can, buy a little of the top tokens every so often and grow your bag. Keep it, hold it. That's it!

Your life will thank you for that in the next 2 years.