Keeping a straight head in these markets is not easy.
What's happening now is by far the worst portfolio damage (in dollars) I ever experienced.
I'm feeling it and I'm sure I'm not the only one.
It's funny how fast the euphoria of Dec/Jan has made place for utter depression rather quickly :)
Right now, it's beginning to look like this could last a long while longer.
I'm mentally preparing for it atleast.
The longest downtrend in Bitcoin I have ever been in was from the end of 2013 to around the end of 2016.
Around 3 years.
I hope it won't happen of course but it's best to get that mindset right.
That small blip on the left was the all time high for a long time
You might think that in those 3 years no opportunities were to be made.
You would be wrong.
In those 3 years a lot of other blockchain projects were being developed and for the people with the right mindset, vision and patience there was a lot of good shopping to be done.
Ethereum at ICO was 1 BTC = 2000ETH for instance. Not a bad deal in hindsight!
Of course the markets are not the same anymore as the were back then.
Making parallels is therefor hard.
Personally, I believe more people are looking to buy in this time.
I think with Steem this is certainly the case from what I read on all the frontends.
The space is also more known than ever before.
But I just don't know for sure what will happen and I doubt anyone does.
Therefor I often call this space lonely.
And it is especially when it comes to investment decisions in these times.
Nobody can really help you, you have to do it on your own.
I therefor made a plan and I'm carrying it out.
I sold in dec/jan with the idea that I could use that money if the markets would turn. (and if not I would have made less profit).
But turned they have and I have waited.
I'm incredible grateful I sold into fiat and now have some cash to look for buy in points.
I'm in no rush but I have bought my first crypto with fiat yesterday since a while.
From now on I will check how the markets develop.
If they go lower I'm a buyer.
If they go up from here I'm content with what I have.
I'm 100% not a seller.
What are you :)

I am a witness with our developer group
for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here: