Quote from: xSkylarx on September 12, 2022, 09:10:46 AM

Quote from: CryptSafe on September 12, 2022, 07:44:47 AM

How was your worst moment and experience like and how were you able to handle it then ?

My worst moment was after the bull run way back 2017. I managed to buy myself a personal computer during that time while studying in college from doing different crypto-related tasks. I was already planning to give some to my parents the next year of that since I have nothing to spend on after I bought my PC. I promised them that I would handle the expenses for fixing our garage thinking that my income will continue until the market crash happened in 2018 and I lose 80% of my crypto portfolio. I told them that I can't handle the expenses anymore since the value of my assets went down a lot. They don't understand how crypto works so they thought that I was scammed and heard many hurtful words from them with that experience. I've never sold my assets during that crash since the value is almost worthless. I stay away for a few years on the crypto space to focus in my studies. After I finished it in 2020, my group chat in crypto started to become noisy and I found out that the crypto market is starting to go up again. I immediately checked my portfolio and saw that its value recovered by 70%. I was able to recover my money during that pump and use it as a capital to start my crypto journey again.

Oh man, I had a very similar experience with my investments. I bought right when Bitcoin dumped after the 2013 bull run and felt so good about it, but then it kept going up in 2016 and 2017 and it was going up for so long that I became used to the price. I mean it was above 5-6k for over a year and I honestly thought that worst case scenario it would be back to that level.
I had some plans to buy things back then and took it slow because we were moving to a new house and furnishing everything... Then it started to fall and I was completely ready mentally for a drop to 6k and then it stayed there for 5 or 6 months and crashed to 3k. That was probably the most shocking thing in my years of holding bitcoin, but I didn't panic sell. I thought - fuck that, they aren't getting my money below their real value and it was a great move by me once again.