The overwhelming greed

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Let me start by saying, this is not financial advice. If anything, this is more of a note to myself than actual financial advice. My obsession with selling at the top of every day is getting the best of me, and I'm at risk of derailing from the plot.

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Short term gains help me settle some domestic issues, but the plan has always been long term. This is the main reason I'm working hard to get a job and even wrote three applications to schools in my area but more on that later.

When I got into crypto in late 2017, it was all about the short term gains but I guess that's just synonymous with Bull markets. They make you focus on short term gains and all that noise drowns out the plot.

I can't wrap my head around this compelling urge that's pulling me towards dumping. If I were to take a wild guess, I'd say that it is due to all the irresistable green candles I see whenever I look at the market.

A publication on Psychology today attributed greed to a host of factors that included gambling, hoarding and anxiety. Somehow, I feel like fear of missing out is embedded somewhere in that trio, and it is really driving me nuts.

During the almost three-year bear market, there was relative calm in my portfolio but nowadays there's so much turbulence and uncertainty in the market that has gotten my head spinning.

I think I need to take a step back from all this overwhelming and unhealthy craziness for now. I'll just revert to my default state that was focused on stacking, staking and accumulating for the future.




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I'm usually selling to cover bills, which is why I have settled for a freelancing job. The pay is not great, and it takes a lot of person-hours for someone like me who isn't used to that style of writing, but the end justifies the means. If I can get my crypto portfolio to $2000 this year, that will be a good one.

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$2k is a dope target I guess. Freelance gigs are so stressful but if you can keep them coming regularly, you'll be really happy with earning despite the stress.

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Be greedy when others are fearful but don't sell too soon 😁. It's better to think short term in bull markets and long term during bear markets, this way you will make the most.

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We are a tad bit far from the future bro. That's the aim of all these our long nights and days online, these short term gains won't suffice for that, let's remain focus

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What helped me control some of this behavior is that I try not to watch the markets too often and I use some dollar cost average when I buy into the market and when pulling out of the market.

This has not worked perfectly for me though. I think the adjustment that I need to make is too sell less often and just try to just buy through automatic investing and then make a few bulk purchases every time I see a big dip. FOMO gets the best of all of us because sometimes

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