If it quacks like a duck...

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Have you ever heard the saying "if it looks like a duck and quacks like a duck, then it is probably a duck"?

That is kind of the way I have been feeling about the crypto markets over the past month or so. Sure, there is still a tremendous upside versus where we were even a year ago, but that nagging feeling still lingers in the back of my mind.

If it looks like a bear...

I am guessing I wouldn't be feeling the same way if it wasn't for the absolute bull tease that we got around April and May of this past year.

Now, I'm sure there are a lot of people who have charts, trade analysis, and all that kind of stuff who will say we are certainly not in a bear market. That very well may be the case. However, as someone who is finally experiencing all of this from a heavily invested standpoint, it sure doesn't feel like it.

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Back in 2017/2018 when I first got started in crypto, it was fairly easy to not pay much attention to what was going on. I had very little invested. It honestly didn't matter what the markets were or weren't doing. I was just plugging away on Hive growing my stake and looking forward to the day when all the time invested would pay off.

In case you haven't guessed, patience is not one of my strong suits. Likewise now that I have gotten a taste of what a bull market can feel like, I understandably want more!

I have to believe I am not the only one who feels like we are stuck in some kind of limbo right now.

The truth is, I am really in a pretty good position.

I have some good investments in Leo, WAX, HIVE, CUB, and a couple of other tokens. I guess I just need to be (ugh) patient.

Those of you who have been through this a time or two, does it get better? Does it get easier? What are your predictions for the second half of the year?

Can you believe we are more than halfway through 2021?

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Sports Talk Social - @bozz.sports


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@eos.detroit Staff Writer/BOID Team Leader

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Posted Using LeoFinance Beta



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13 comments
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How are those AW lands going. Still worth a fortune or has the madness faded?

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It has faded a bit. They are still fetching a pretty decent price on the secondary market. Just need the price of TLM and WAX to go back up and I will be a-okay.

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I still think it's one last push down before the cycle resumes its bull course.

If it is indeed the next bear market already, then so be it.

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I hope you are right about that. Yeah, I guess ultimately there isn't much we can do about it. Just wait and see...

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(Edited)

Those of you who have been through this a time or two, does it get better? Does it get easier? What are your predictions for the second half of the year?

the markets do their thing each run but we get smarter about it!

This bull run was tasty for sure, about what I expected, many said it would extend into the summer but clearly its over imo. I took my profits when markets were insane along with most people I know that have been around for a years, and am happy I did. Was partly out of necessity (needed the funds) and also knowing these highs are juicy as hell and don't last forever.

edit: Yes, it gets easier to know you need to take profits when the markets have been on fire for months. second half of the year, another 50% drop from here to settle into crypto winter. That said I would be delighted if I was wrong.

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Very interesting. I was able to pull some gains out as well. I should have moved more over while I was at it. Now I am sitting on significantly less. I am still in the black though, so I can't really complain...

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Well I don't have too much invested in the crypto market so I am not really that fazed by the prices. At least for me, I don't really mind either way.

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Yeah, I am kind of in the same spot. I have all of my free funds invested already, so if we are in a bear market I am going to have to just sit and wait it out.

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(Edited)

As painful as this plunge has been to watch I don't think the bull market is over yet. I see so many on Crypto Twitter in full panic mode trying to discern if they should short BTC here or not. The only way not to get rekted is to hodl.

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Selling isn't really in my vocabulary right now, so I am not too worried about that. I just don't like the idea of having to sit on my hands after we just spent three years doing that.

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