Introduction
You should remember the hype of December 2017 when the price has reached 20k. The hype and adrenaline were everywhere on the four corners of the planet It was like a good reality show.
The reality has shown a new face in 2018 and the market is like a quiet ocean. A lot of people have left the space and cash out because the main motivation was only the hope to become rich!
Speculation is an important aspect of every phase of promising technologies. This phase helps projects to emerge and bring fresh money. It is like when a colony starts a new town near a river in America.
The crypto market cap
Right now the market cap varies between 250 and 300 billion dollars without any sign of a bull run. I must tell you the truth, the market is boring and flat, without any actions, for over eight months.
Many folks believe the crypto space is dead!
The motivation
When the cryptospace receives many adversities and strikes, it is hard to stay motivated. Doubt starts to be in your mind for having invested in the space.
During those hard moments, it is best to think why you have invested in the first place and that you believe in the technology. If you are just there for the speculative aspect, you will leave and never came back!
I am the type of person who continues and never gives up my position. I will always find a plan B or C and stay positive. The positive attitude help to stay ahead of the crowd, and the best is to come, I am truly convinced.
Stay in the game
In history, every technology has gone through the same process and hard times. In the beginning, you need the speculative money to start your project and finance the foundation. The same process as building a house.
When you stay in the game, you increase your chance against the odds to succeed. You can get the big reward at the end of the journey.
The technology advance
In 2018 we make tremendous advancement with blockchain technology and cryptocurrencies. We are near to reach the mainstream phase:
I started to notice those important indicators:
- Fast increase in the number of crypto ATMs.
- Crypto advertisements everywhere.
- The increase of the interest in Bitcoin; even my mom wants to invest some money.
Mainstream phase
We are near the mainstream phase despite the bizarre crypto market this year. We are in a bear market since the beginning of the year and a huge percentage of the population is starting to be aware of crypto.I believe in crypto and we are making progress on this crucial phase of this great technology in human history.
Last word
It is really hard in 2018 and we need to have an iron stomach to stay a player of the cryptosphere. It is always a risk with a new technology but if you don’t take one in your life, you are going to stay at the level of mediocrity.
Cryptocurrencies and blockchain are going to reshape many industries and remove the third party in the equation.
I believe in crypto at 100% and I will stay in the game!
I invite you to read those articles:
- 5 Crypto Monitoring Sites to Stay on TOP of This Space
- My Crypto Kid and the Next Generation Financial World
- Governments Fiat Money vs. Bright Future for Cryptocurrencies
- Crypto FUD and Psychology of the Market
- HODL & Spend your Crypto to Enhance your Life
Posted from my blog with SteemPress : https://chesatochi.com/the-courage-to-stay-in-the-cryptosphere/
Yes, whenever we think about the quitting then at first place we have to rethink why we've joined one aspect, as you said. In this way we can refocus towards our ultimate goal.
And Crypto Sphere is not quick rich scheme and whoever believed that fell hard on the path because Crypto space is like an construction, over the time it develops and becomes stronger and stronger.
If we see, then our life is also an Risk Factor because we never know what will going to happen so sometimes we have to take the bold and out of the box step to stay in the race.
Let's hope that our hard work will going to payoff soon, if not then in my opinion as you said we have to find out the motivation aspects but quitting is not an option. 🙂
I see a bright and good future for the crypto world!
Yes, it will be. 🙂
The Courage to Stay in the Cryptosphere, Unbelievable.
Another comment of this kind and I will put you on mute.
You are optimistic as always :)
Happy you come back, we need active people like you on Steemit. ;)
Blockchain and cryptos are the future of financial independent and the economical transparency.
2017Q4 was just the "sample", or echo of the cryptopower.
Its a fact, so i dont need to believe in that. I dont believe in sunrise, because i KNOW, then its coming.
The sunrise and sunset are taken for granted and crypto will be the same in a couple of years.
The price to stay in the game in the end is enormous, and like you mentioned if you really believe in crypto in the first place and not just to get rich in a week then you will be sticking it through the difficult times.
In crypto I trust!
I will simply find other streams of income out of crypto and work half of my time on this online venture while the market recovers. ;)
Mutipple source of income is the way to alleviate financial burden
VERY good article bro I too belive in bitcoin even if bitcoin keep dropping I will still keep buying from 50% of my salary every month . I am strong believer of it coz I came to know some facts which blowed my mind I would recommend you to have look at it am sure it will blow you mind and if you do like pls resteem it so others too can kno
https://steemit.com/bitcoin/@shoheb.shah/is-bitcoin-over-priced-answer-for-all-your-must-read
Thank you so much, the best approach to invest in Bitcoin is with a fixed amount every week for an example and you accumulate Bitcoin in good and bad times.
I am courageous enough to stay in the market that means. :) I am hodling crypto in this bear market as well.
You made a good choice and you will have a great future! :)
Time is going to change after the ETF
Make a hoist now
Waiting for the ETF is only gambling, crypto can succeed without it from my point of view.
Almost all crypto are decentralized.
And almost all people wait for a centralized "support". Lol, isnt?