create account

Enjoying The Bumpy Ride by erikah

View this thread on: hive.blogpeakd.comecency.com
· @erikah ·
$31.84
Enjoying The Bumpy Ride
Today it's a historical day in crypto, but then again, which day isn't? We're making history every day, something happens every day that marks a new beginning in the crypto world and weakens the old and obsolete financial system. This is how it should be, one step at a time. 

## Looking Back

Today is a historical day only for me as this is the level at which I tried out the BTC ATM in February this year and bought some for long term holding that was sent to my cold storage. I remember what a good opportunity it seemed back then as BTC was retracing from $58K. Percentage wise, that is a 17% - 18% retracement. It wasn't the first time I bought BTC and obviously not the last either, but it was memorable as it was the first time I used the BTC ATM.

![image.png](https://images.hive.blog/DQmav95uXUmLsDYvttFXDixhZYeabgxBdEinifqFw6jyQ1G/image.png)
[1D BTC/USDT Chart on Binance](https://www.binance.com/en/trade/BTC_USDT)

Was I the only one buying at that level? I bet millions saw an opportunity and took it. 

At that point not many would have thought we could go as low as $30k to retest those levels. Gareth Soloway said we could go that low and no one took him seriously as we tend to believe what and see what we want to see. 

Since then, BTC reached its ATH in April, then dipped to the $30K level in May and have been ranging between $31k and $41K. Now we're back at there we were in February and March, this year.  

Do I regret it? Not at all! Why would I? Long term holdings are accumulated over a long period, unless you're a billionaire who can afford to buy all at once, which I'm not. 

## The Beauty Of Learning How To Do It

As I stated above I'm not a billionaire, not even a millionaire, to hold a huge bag of BTC and other alts. Some may see this as a disadvantage. I don't. Money is good to have as it solves a lot of problems, but having the knowledge of how to make money worth even more to me. I've always thought if I know how to make money I'll be fine and so far my theory has not been invalidated. 

For me this is like a game that I enjoy so much. I've been learning constantly, trading and adding to my bags, dollar cost averaging. My bags are getting bigger day by day and I hope I can keep up this trend.  

## Buckle Up

Q1 was very interesting as far as crypto, especially BTC and ETH was concerned. Q2 was more than interesting, very bumpy if I may say. Q3 is not over yet, we still have a few weeks left, but it's not boring, no matter where you stand investment wise. Q4 will be even more interesting. Steve Nison said:

>There's no room for hope in the market. The market goes its own way without regard to you or your position. Source: Steve Nison - Japanese Candlestick Charting  Techniques 

However, based on TA we can always have at least two scenarios and my job is to be prepared for whatever happens. I've seen some rough estimations for the end of the year, most saying BTC can reach $100k - $120k. I'm not saying I don't want to see that happen. I do! But till it happens, I'm enjoying the ride and deal with what the market gives me. 

![carolineselforsr2jpr8MDw0Iunsplash.jpg](https://images.hive.blog/DQmNSNNTfMvz3742VHwdSi7DAYzTngYBmovp6ZpUcuhBoBy/caroline-selfors-r2jpr8MDw0I-unsplash.jpg)

Photo by <a href="https://unsplash.com/@cselfors?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText">Caroline Selfors</a> on <a href="https://unsplash.com/s/photos/luggage?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText">Unsplash</a>

My goals are set for next year, so I need to make sure my projects will have the necessary funds by then. My bags are ready as you can see above, I just have to fill each one of them. 

By the way, by the time I publish this post, BTC is at $46,100 or so. Did I say it's a bumpy ride? I guess I did :)

<center><a href="https://www.presearch.org/signup?rid=2058286" target="_blank">
  <img src="https://presearch.org/images/rf/ban-4.jpg" title="Presearch" alt="presearch" />
</a></center>


  







Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@erikah/enjoying-the-bumpy-ride)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 167 others
👎  
properties (23)
authorerikah
permlinkenjoying-the-bumpy-ride
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["crypto","trading","btc","proofofbrain","mancave","neoxian","palnet","archon","ctp","cent","leofinance"],"canonical_url":"https://leofinance.io/@erikah/enjoying-the-bumpy-ride","links":["https://www.binance.com/en/trade/BTC_USDT","https://unsplash.com/@cselfors?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText","https://unsplash.com/s/photos/luggage?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText","https://www.presearch.org/signup?rid=2058286"],"image":["https://images.hive.blog/DQmav95uXUmLsDYvttFXDixhZYeabgxBdEinifqFw6jyQ1G/image.png","https://images.hive.blog/DQmNSNNTfMvz3742VHwdSi7DAYzTngYBmovp6ZpUcuhBoBy/caroline-selfors-r2jpr8MDw0I-unsplash.jpg","https://presearch.org/images/rf/ban-4.jpg"]}
created2021-08-16 15:25:21
last_update2021-08-16 15:25:21
depth0
children3
last_payout2021-08-23 15:25:21
cashout_time1969-12-31 23:59:59
total_payout_value15.946 HBD
curator_payout_value15.891 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length4,120
author_reputation2,471,448,596,366,260
root_title"Enjoying The Bumpy Ride"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id105,579,877
net_rshares41,011,621,485,839
author_curate_reward""
vote details (232)
@gangstalking ·
I upvoted you, thank you for posting! 👍
👎  ,
properties (23)
authorgangstalking
permlinkre-erikah-enjoying-the-bumpy-ride-20210816t152529274z
categoryhive-167922
json_metadata{"app":"hive-bot/0.6.3"}
created2021-08-16 15:25:30
last_update2021-08-16 15:25:30
depth1
children0
last_payout2021-08-23 15:25:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length39
author_reputation-67,597,107,868,724
root_title"Enjoying The Bumpy Ride"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id105,579,880
net_rshares-25,387,566,451
author_curate_reward""
vote details (2)
@hivebuzz ·
Congratulations @erikah! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/postallweek.png"></td><td>You have been a buzzy bee and published a post every day of the week.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@erikah) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!
properties (22)
authorhivebuzz
permlinkhivebuzz-notify-erikah-20210817t064201
categoryhive-167922
json_metadata{"image":["http://hivebuzz.me/notify.t6.png"]}
created2021-08-17 06:42:00
last_update2021-08-17 06:42:00
depth1
children0
last_payout2021-08-24 06:42:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length649
author_reputation369,427,825,256,044
root_title"Enjoying The Bumpy Ride"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id105,594,278
net_rshares0
@poshtoken ·
https://twitter.com/EdgarGerik/status/1427302663398506502
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
properties (22)
authorposhtoken
permlinkre-erikah-enjoying-the-bumpy-ride-1183
categoryhive-167922
json_metadata"{"app":"Poshtoken 0.0.1"}"
created2021-08-16 16:18:06
last_update2021-08-16 16:18:06
depth1
children0
last_payout2021-08-23 16:18:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length245
author_reputation5,584,397,492,569,677
root_title"Enjoying The Bumpy Ride"
beneficiaries
0.
accountreward.app
weight10,000
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id105,580,859
net_rshares0