Jan 18, 2023

Rabbit Hole of Crypto

Rabbit Hole of Crypto
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43
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Nov 30, 2021
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💰 Crypto
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156
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I've been going further down the rabbit hole of crypto recently: NFTs, metaverses, and DeFi. It feels like time wasted when I should be working harder at expanding my computer coaching and community. But ultimately, this is being more profitable. A lot more. It's not likely to last. Based on historic cycles, there's likely to be a bear market coming up. I first got into crypto in 2018 right at the top of a bubble, and have experience patiently waiting out a bear market. We're likely not going down that low again. It still worries me how sustainable my current crypto income avenues will be going forward. But that comes with the game: high-risk, high-reward. I just need to wisely take profits along the way so that I'm not stranded in case the market does drop for a year or two. (And save enough to pay taxes on it.)