It feels weird to lose money (on paper), much weirder than earning money and gaining money. A lot of you have experienced kicks, adrenaline rushes and extraordinarily joy and happiness due to gains in cryptos. This however doesn't feel quite as nice.
But personally I feel detached to my cryptos. Middle age is around the corner. In only 4 years Im 40. I won't have any other opportunities to become wealthy. And like I have said before, I don't give a shit about having money. As long as I have my family, somewhere to live, and my health - money will come and go. And with money frustration, more work and protection comes. You can't be too flashy anyway, because then you'll be targeted by criminals and jealous people.
Also, as a minimalist and relatively bad consumer, I don't have that much I need to buy. Food, some clothes, and I love a nice fast car. And a boat..and some holiday trips, and ..well..sure, I like those things. But I don't need them. I like material things to a certain degree like most people, but I never feel attached to them.
WIth cryptos, for me, it's more ideological. I've been identifying as a anarchist or voluntaryist or (ancap) for over 10 years now - after I got redpilled. And for me, cryptos are the only moral way to go. Simple as that. FREE exchange. We, free human beings chose ourselves what means of exchange we want. Do you prefer Steem? Here it is. Do you prefer Litecoin? Here you go. Very simple.
So for me it's not a question of selling anyway. I don't care if governments ban it or destroys it. Or..I do care, but I don't care if my wealth is destroyed. The important thing is if I can answer this question truthfully; "Did you HODL?". And the answer will always be yes. I will Hodl until cryptos have enough utility as currencies that I can use them on a daily basis.
And that's when we've won the war. This stuff that's going on now is bullshit. I know for a fact that we're 15-20x AT LEAST away from being in a bubble. I just wish people understood this. And even if we do hit a bubble years from now, it will still go up after that. And you know, even if governments do manage to destroy crypto CURRENCIES, they won't destroy utility tokens (businesses built on top of the blockchain), so by hodling utility tokens, we win either way.
I'm saying this again to warn people. If you sell now...it's a big mistake. Big big mistake. This current correction, set back, uncalled for fall, whatever you chose to call it - has no reason built into it. It's based on air. If something is a bubble, it's this correction. And by being determined to hodl, you don't have to breathe into a paper bag every time this happens. I'm down 35-40% from top. Don't care.