I'm in the 2nd bull run phase - what about you guys?
Your first bull run:
- You will see the most insane gains
- You will get greedy
- You will not sell the top, instead you'll just FOMO more into the market
- Market will crash
- You will lose everything and be deep in the red
- You will wonder why you ever bothered to begin with
Your 2nd bull run:
- You learned your lesson
- You will not invest more than you can afford to lose
- You have PTSD from last time, and your skepticism will cause you to wait until the bear market is completely over
- You will throw money into coins at a very good price, but still far above the LOWEST prices
- You will make substantial gains
- You will sell a little bit at the top and on the way up
- You'll buy dips and learn to dynamically DCA
- Your conservative strategy makes you look at the people who have been YOLOing into random coins with all their savings with envy - they're seeing 10x gains in 1 month, and you have 3x gains from DCAing for a year
- You'll consider FOMOing, you might even do it a little bit - and you'll hit those 10x gains on a very small part of your portfolio
- You've learned your lesson - you sell your stacks when you see gains like that
- Your envy of the fomo buyers is quickly turned into schadenfreude, the market crashes and you're still up 2x or more, while they're down in the red 60%+
Your third bullrun:
- All skepticism is gone, you're DCAing as much as you can when the market is down 90% or more
- The FOMO buyers from the last cycle are laughing at you. "It's over bro, give up" they tell you. "Crypto is dead" they say.
- You don't mind the ridicule, after all you were like them once, coming off your first bull run with heavy skepticism and refusing to buy coins after they crashed 90%
- You play the waiting game
- When the bull run takes off, you're seeing wilder gains than ever before
- You don't try to time the top anymore
- You sell most of your coins on the way up, your total return on this run is 10x-100x on each coin
Your fourth bull run:
- You might be a whale on some of the smaller pet projects you hold, you've been accumulating for a decade now
- You have your "never selling" stack of ETH & BTC and a few other blue chip cryptos
- You smile with amusement at all the 1st and 2nd bull run participants. They panic with every dip, and jizz with excitement for every pump
- You don't care. You've made your gains. Now you're just accumulating.
- As usual you buy the dip & sell the pump, only this time you're doing it with giant stacks with no intention to make profit. You're still accumulating. This bull run doesn't matter to you.
- You're not cashing much, if anything, out.
- The market crashes. You don't care. You sold near the top only to buy in during the crash again. You just tripled your stacks.
Your fifth bull run:
- You're a fucking whale now, how the fuck did you ever end up at this point?
- Your buys/sells literally move the market.
- Redditors are posting your moves thanks to Whale Watch Twitter. They mock you when you sell, they praise you when you buy.
- You're a god to these people, but you were just like them once
- You sell almost your entire stack at the top of the market cycle
- You time it perfectly because you ARE the market cycle - your sale triggers liquidation events and crashes everything.
- You're filthy rich at this point and you're done with crypto. "In it for the tech" is something the plebs say. You have enough money to buy your own country at this point. You couldn't give less of a fuck about the tech.
- You're done here. Time to move on to bigger things.
Your sixth bull run:
- You stayed out for as long as you could but BTC is up 10,000% in the last year
- Your billions are boring, and you miss the power of being a whale
- You look at the folks with hundreds of billions and you envy them
- Fuck it, you're back in the market. BTC is already up quite a bit, but it still has a long way to go.
- The guy in his fifth bull run sells his positions
- BTC down 95%
- What the fuck
- You just lost everything
- How will you touch Elon's penis now? That's reserved for billionaires, not multi-millionaires.
- You beg Elon over the phone, "Please, I miss the smell"
- "No" he tells you, "It's 1 billion per touch"
- You can't handle the pain
- You go 100x leveraged long on Bitcoin - it's already down 95% this is just free money!
- Satoshi's wallet activates
- What the fuck?
- Craig Wright was Satoshi all along
- He dumps his coins
- WHAT IS HAPPENING?
- You had billions
- You had everything
- You will never get to touch the Elon pp again
- You're completely liquidated now, $0 net worth, but you still owe the IRS millions in capital gains
- Your wife packs up her things and leaves you
- Your lambo packs up its things and leaves you
- You wake up in a cold sweat
- The whole thing was a fevered dream
- The last 12 years were a figment of your imagination
- It's still 2021
- You open your Robinhood app
- Thank god you still have $20 of Dogecoin, it's up 15% today. 2022 will be a good year, you can feel it.
No comments:
Post a Comment