Alright, let’s have a chat. Bear markets are hard. Everyone reading this has earned their stripes and proven they are strong, persistent investors. For those of us still here, there is a certain fortitude we have displayed that keeps us here despite the black swans.
With that being said, let’s address the elephant in the room.
It’s time to move on. The worst of the bear market is behind us. Most of the pain is over. You made it. From here, we might have a couple of hard times, but we know the good times are coming. And now, you can explore new experiences, new investments, and close some lingering chapters.
Turning the Page
You spent a lot of time curating your portfolio. Projects you love, some you put up with, and some you can’t believe you are still holding. If you made it this far, there is a chance there are a number of pieces of your portfolio you are just hoping will have a resurgence someday.
The truth is, most of them won’t. But you may end up holding them all the way to zero. There is a distinct difference between passion and delusion, and all of us are susceptible to crossing that line from time to time.
Because crypto is so social, so community-based, sometimes emotional attachment can become too heavily weighted in our decision-making. It can become a trap for your money. And the longer you’re trapped, locked up, or ‘underwater,’ it drags on you and drains your mental health.
It is important to remember these pieces of your portfolio don’t exist in a vacuum. There are opportunities around every corner in crypto, and everyday precious capital remains locked in what could amount to nothing. You may be missing out on your next bull market beauty.
With Stasis Network gearing up to launch in June, now is the time to take the opportunity to reevaluate those holdings. Are you still in because you believe in the tokenomics and mechanics? Or are you still holding because you have for a year or more, and you just can’t let it go?
The opportunity of Stasis, and the other new projects that will be getting ready to launch in the coming months, should create a moment of reflection for you. As a learned investor, consider what your next cycle’s portfolio will look like. Will it be missing new opportunities because your sunk costs held you back from moving on?
In crypto, a lot of projects have their moments, and then those moments never return. It is a byproduct of our short attention spans. There are few that maintain health and wealth for users long term. But everyone holding an “it’s going to moon again someday” bag thinks they have the golden ticket.
They probably don’t. Most of crypto is focused on the future, the new, the up-and-coming. Themes often repeat in this space from bull market to bull market, but projects usually do not. What worked last cycle won’t work this cycle. As investors, we have to stop and ask ourselves, “What will my portfolio look like in 12 months?”
Will it be the same old projects, still flirting with all-time lows, holding out hope for another run? Will it be safe, blue-chips you know won’t gain as much but aren’t going anywhere? Or will it be new, exciting opportunities you took a chance on because you wanted to lean forward into the next phase of this market cycle?
The choice is yours.
To find out more about Stasis Network:
Yahoo Finance Release: https://tinyurl.com/4dj8f6ym
Social Media for Stasis Network:
Stasis Network is a subsidiary of BlockCentral Inc, a Panama-based company focused on the advancement of blockchain adoption and education.