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More coins, less value by belemo

View this thread on: hive.blogpeakd.comecency.com
· @belemo ·
$5.07
More coins, less value
https://cdn.pixabay.com/photo/2017/01/19/09/39/one-way-street-1991865_960_720.jpg

Cryptocurrencies have tanked and this drop has kicked me in the ass. The good part is that in the mini bullish run, I managed to accumulate a reasonable amount and converted to fiat for getting basic shit, and buy more coins. 

The downside of buying more coins is that there was really no technique; no observing candlestick, no trend observation or even heed any tweets. I just jumped right into the pool, buying Hive at what I thought was an alarmingly low rate, I think around 19-20 cents range at the time.

 I thought to myself; well, this is the peak of the bear, surely it can't get any lower. Uhm, yeah, I was wrong. It can go lower, and it went lower, way lower than I intended, and so I lost money, more money, in terms of value, but hey, at least I have more coins now. 

Despite being a little bit dumb of me to jump into the market too early, I still sort of feel good about myself. I mean, [trading mistakes are inevitable](http://beta.leofinance.io/hive-167922/@belemo/trading-mistakes-are-bound-to-happen) anyway, so I can't beat myself up too much. 

For me, the major issue is deciding how I want my profit to come; do i make more Naira/dollar that helps me afford [the basics](http://beta.leofinance.io/hive-167922/@belemo/the-cost-of-living) or do I want more coins? I keep trying to balance it, in a bid to find that optimum point, but it's starting to feel like picking a side is the best option, since they're usually cancelling each other out anyway. 


<img src="https://cdn.steemitimages.com/DQmQ3NZCn3sLzGB7sa27sDL3yJzmKMxJjywJ5Q2vAGVNW3e/belemo.gif"/>
</a>

Posted Using [LeoFinance](https://leofinance.io/@belemo/more-coins-less-value)
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vote details (279)
@belemo ·
Posted on Twitter: https://twitter.com/belemo__/status/1302850692227436544?s=19

Posted Using [LeoFinance](https://leofinance.io/@belemo/qg9yce)
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@chesatochi ·
It depends on what is your aim!
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@cwow2 ·
Did you get to check Celsius out brother?

Hopefully you are doing well with the investment! 
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@belemo ·
Yeah bro. I downloaded the app. I'm yet to do the kyc though. 
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@cwow2 ·
I haven't put in my ID yet :P
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@cwow2 ·
But nice bro!
I hope it serves you well!
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