Maybe the bear market is a blessing, not a curse, if we play the long game?

in LeoFinance2 years ago (edited)

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YOLO

  • As in you only live once... is the popular mantra for many US Marines I use to see at work.
  • They are the proverbial Tip of the Spear of the US Military and large numbers of causaulties or deaths are expected when they are inserted somewhere to bring down the heavy hand of the US Government.
  • But what of others who are not so uniquely employed?
  • Many investors act as if they may not be here in a year or ten years, as life isn't guaranteed.
  • Thus short life framework fueled their somewhat risky investment behavior and goal of getting rich quick.

Perhaps what they should be thinking is that death isn't guaranteed, life seems to be the more likely outcome.

  • Statistically speaking, most of the young, middle aged and older middle aged people who are alive today will in fact be alive next year, in five years, and ten years...
  • It would appear that while life isn't guaranteed, death isn't either, and statistical data suggests life is much more likely.
  • Hmmm..so perhaps Yolo-ing through life isn't wise.
  • Which brings us back to investing...

Perhaps we should have a more longterm outlook.

  • Perhaps this outlook will also make us happy that many good project tokens are on sale, and the bear market maybe is our friend, not our enemy.
  • Perhaps the bear market is like a time machine turning back prices to the level that we can all afford.
  • Perhaps we now have the chance to buy our favorite projects at the prices we previously wished for, when our favorites were at their all time highs.
  • And perhaps we should see this market as possibly a blessing, not a curse.
  • Now we can get Ethereum for less then a thousand dollars, Bitcoin for possible 19,000,and Hive and Leo for much less then a dollar.
  • So as we enter this bear market perhaps we should focus on buying into good projects which we expect to not only survive the bear market, but to thrive in the longterm.
@shortsegments

#xpolycub

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#xpolycub

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I've actully been working 3x as hard right now to accumulate as much as possible to get ready for the next bull run!

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The best strategy anyone could possibly have now.

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I definitely have become more motivated to produce more and execute on ideas.

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The rewards earned on this comment will go directly to the people(@shortsegments) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

That's a good mentality to have. Life isn't guaranteed but neither is death too. You might as well plan for the long term because statistically your chance of living are higher than your chance of dying.

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Exactly! It's best to plan for life.
:)

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I like your spirit! Time to build again.

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Thank you!
I choose to change what is under my control: my mood, my motivation, my effort, ... my choices!
:)

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Yes, yoloing through life is quite a terrible strategy as death isn't guaranteed like isn't too.

It's is fascinating how we spread FUD when our wishes give true. Some of us may have , at some point in our journey in the market, wished for the prices to drop, so we could buy. But when that times, everybody skeptical.

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Kind of like how people used to joke about Mondays and how they wished they were "cancelled."

Then covid hit and we were in a perpetual lazy Sunday and people were hating it.

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Be careful what you wish for... LOL
:)

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!lolz

People who are color blind have the highest rates of divorce.
They can't see the red flags.

Credit: reddit
@shortsegments, I sent you an $LOLZ on behalf of @metzli
Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(1/1)

Perfect example!
😂😂

We gotta be careful what we ask for.

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Exactly, it's easy to listen to FUD and most Media spreads FUD. I think FUD sells.

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This is really motivating and this is what I said, If we can not survive bear market we do not deserve bull one.

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LOL
I think it really takes a bear market for us to appreciate the bull market.

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I think it really takes a bear market for us to appreciate the bull market

Yes you are right about this

I am glad you agree.
Now the challenge is learn how to appreciate the bear market, so our bull market brings us prosperity and financial independence.

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Well said. They say that cash is king in a recession, so if you jave it, buy all the things at a discount! All the good things that is ( projects that have proven to be strong in bwsr markets.

Yoloing is rea, and so is Fomo... in the long game what matters most is keeping our heads straight.

Thanks for the inspiring post!

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Yes, it's always wise to keep some cash on the side. or better yet organize your finances so that you always have a little investment income each payday...
:)

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Yes, I think that's the way to do it. Put a little aside every time, to invest.

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Opportunities come around in down turns, so yes great idea!

Maybe I'm a fool and crypto will never recover and I'll lose all my money. I fully intend to keep ignoring the constant buzz of fud coming from everywhere though. I've been anticipating my first bear market with genuine excitement though, I will use this time to accumulate with more determination and stubbornness than ever. !PIZZA

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Many people thought crypto wouldn't recover during the last bear market, and for some projects they were right. But for those with active development, active communities and utility, they reached all time highs during the ;ast bull market.

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Absloutely a long term bro here!
!invest_vote
I am happy to buy and scoop some cheap bargains rn.
I hope I can reap the rewards in 10 years

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Yes, we should all be building for the future.
So our future selves will thank our present selves.

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Thank you

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You're welcome. Looking forward to you reaching your new target 😅

Buy while there is blood in the streets

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Yep... said Warren Buffet, the Sage of Omaha, billionaire value investor.

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Exactly the blessings in disguise that the bear market brings.

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Yep... lower prices of good project tokens are the bear blessings.

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It's juts like you said, this is the real opportunity and we need to make real decision. Glad to read this article.

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Thank you.
Find the projects you think will survive and do well, then decide if you want to invest in them for the longterm.

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Thank you for this perspective.

I was starting to feel sad because I am getting close to 5000 LEO and now it is such a sad USD amount, hardly worth bragging about.

Well, now is a good time to have twice as much leo, because, well, its so cheap!

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You will feel better in 6 months to a year, which I think will pass by quickly, because thats what time does...
:)

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PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@cervantes420(2/15) tipped @shortsegments (x1)

Join us in Discord!

Thank you Cervantes for the Pizza!

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Tapping into this energy because we're all going to need it

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So cool just won .57 bitcoin all did was click promocode

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It sounds like your a winner!
:)

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I'm play the long game with free bitcoins maybe I could retire early from bitcoin. I'm getting it given to me right now for just being online . I'm just going to promote their stuff on Twitter and get people for free for just retwitting there stuff

100% true...
During this downtrend we can only control our reaction, and reacting positively is rarely regreted.

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The important thing here's that it's a "maybe" indeed. If it goes bull tomorrow, it'll turn into a blessing for anyone who bought yesterday, and a hell for anyone who sold. Educating oneself, one can control time and compose for most profitable outcome.

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I agree that selling one's holdings in a bear market is tricky, and can frequently be regreted.

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mykos is a living scam and I have no projects to shill unlike your worthless token and life.