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I've learned my lesson, time to step things up by overkillcoin

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· @overkillcoin · (edited)
$2.46
I've learned my lesson, time to step things up
<center><sub>(Pixerbay likes Trutles.)</sub><br><br>![](https://cdn.steemitimages.com/DQmaUQzeQ4Gs9MzEVnsngBT39cCMZT9uydVhbANDURcCc3c/image.png)</center>
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<h1> A time of unlearning & re-learning </h1></center><center>As I've been doing my best to "get on my feet" in the last 8 months, I've gone from blaming the "Bear" to looking at myself. This can either take the form of relentless, gut-wrenching regrets and "if only" thinking — or much more preferably — A) How can I prevent this mess from ever happening again and B) How can I rebuild from the crypto ashes? <br><br>![](https://cdn.steemitimages.com/DQmYhCoprshjAfswF7Z9yCHZSdUH2ycYiUvWy1se5t85pJC/image.png)<br>
The former is useless, destructive and promotes painful stagnation, while the latter, the analytical and unemotional approach, greatly increases the odds of a full recovery. Thing is, I'm naturally a labrynth of impulsivity, foolishness, wishful thinking, laziness and unnecessary despair. Some of you who may have a high view of me may see this as a surprise, while some of you have seen subtle (or clear) hints here and there. Whatever good traits I have don't spring from my natural self... I have to adopt, learn and practice them. I think that the natural, untamed overkillcoin would be a knuckle-dragging reprobate. How do I reign in this stupid beast inside me? Sure, it's one thing to encounter "life's unfair" events, but the natural me allows things to get out of hand and even pours gasoline on the flames of trials and tribulation.<br><br>One of my favourite quotes (whose author I've forgotten) is, *"My greatest enemy is the inner me"*.<br><Br>![](https://cdn.steemitimages.com/DQmeddWtjWj1gVzCKdtYo64VTot6zCTTjv6o4eCp5y8Jjnt/image.png)
<h1>Turning my back to the garbage</h1>But wait? Is it that easy though? Every day I have to take the "garbage" out in my mind... thoughts of hopelessness, for example. But like real life garbage, these thoughts can be manageable and minimalized. Martin Luther once said, *“You cannot keep birds from flying over your head but you can keep them from building a nest in your hair”* (his context geared toward sinful thoughts - in my case I'm focusing more specifically on self-sabotaging thoughts).<br><br>This brings up some crazy imagery for me. No one would want to have a stack of birds chilling on top on their heads, but how often do I tolerate far more destructive thoughts? There have been checkpoints in my life whereas I've botched some great opportunities up through fear, lack of confidence, doubt, you name it. It's time to declare war on this type of thinking I suppose. <br><br>![](https://cdn.steemitimages.com/DQmZwR43UQZd4ZdUwP3LUXt3QvkaomwAmBxo2sAhV8GkzXd/image.png)
<h1>Application to crypto</h1>Pro traders will often say that the market is largely driven by feelings. One goes so far as to say that *"emotions are the greatest money killer"*. I can see the point there. Over a year ago now, I was blinded by crypto-euphoria and to some extent, the notion that the world was finally waking up to the value of blockchain. When someone suggested I take profits off the table, I reacted in an indignant manner. Wow. Fast forward to today, and obviously, I have learned my lesson. Although the value of blockchain hasn't moved, prices certainly have. <br><br>![](https://cdn.steemitimages.com/DQmQNxu3JtxBw1jouC34c3q2v1wZ9HLvWCTgk8Dvgn4y8nA/image.png)<br><h3>Clinging too tightly to my holdings surely hasn't helped... </h3><Br>Any way, I've identified more specific emotion-driven habits in my crypto experience and have been doing my best to weed them out. It's so much easier said than done. I'm not privy to a lot of panic-buying or panic-selling, but I've done enough to know that I need to make a change. <br><br>I'm trading in very small amounts for now in order to get my mind fully on track with the literal and figurative ups and downs of the markets. I have been maintaining what I own well enough, but small losses cut like daggers since my overall life isn't going so smooth. <br><br>Never more than today, I've learned some profound life lessons through the crypto markets... I've encountered and confronted my fear, greed, worry, despair and other thought monsters. But a much larger battle lies ahead. I know the majority of what I need to know to better succeed in crypto... trading principles... protecting capital... risk management... But I'm at the point that I need to consistently counter the feelz and put disciplined knowledge into practice. <br><br>It's time to press ahead and keep my lesser self in check. 


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<center><a href="https://www.zazzle.com/overkillcomics/collections?pg=1"><img src="https://img.whaleshares.io/wls-img/overkillcoin/a02c5010671ee413e529ac91aa61f6874f8521b8.png"></a></center>
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vote details (60)
@connecteconomy ·
$0.02
Love this post! 
Breaking thinking/fear/emotional patterns is the hardest thing it the world, but also exactly the thing that liberates us. Not only when it comes to trading :) 
But fingers crossed, you will see the results in trading very soon!! 




Posted using [Partiko iOS](https://steemit.com/@partiko-ios)
👍  
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@overkillcoin ·
Hiya you! Also my new youtube channel has about 4000 views in the past month or so... I'm working on a Steem/YouTube hybrid so I can maximize my foot print :)
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@connecteconomy ·
I wish there was an automatic #share2dtube from youtube :D 
What you mean you're working on a hybrid - are you building your own blockchain?? Are you launching an actual Overkill Coin??? XD
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vote details (1)
@edicted ·
$0.02
We are one bull run away from all the people who entered last year reclaiming their losses and forging into the future.  This boom/bust cycle is going to happen over and over and unsuspecting victims will continue to get burned.

I feel like it's our job to throw some FUD on the FOMO train when it arrives.  That could be another 3 years down the line though :(
👍  
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@overkillcoin ·
$0.02
Hopefully by then I'll have a viral video urging dudes to take profit on the way up, use stop losses and don't buy ATH... :O

Great point, I'll do what I can to prevent people from having ruined hopes...
👍  
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@enjoywithtroy ·
$0.02
It's all a game. We can learn from our mistakes to a point.  But if the circumstances change, well then it is a casino and not an investment.   I have made blunders too. It all evens out in the end.
👍  
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@overkillcoin ·
Yep, I see what you mean... Crypto and money in general is nothing to build one's hopes upon...
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@franciscana23 ·
$0.02
Saludos amigo @overkillcoin siempre es un placer poder conversar un rato con usted ya que la situación en Venezuela como sabrá no está nada fácil y si a eso le sumamos los problemas que tenemos con el Internet el cual se a cada momento anda fallando entonces se podrá imaginar como estamos
👍  
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vote details (1)
@overkillcoin ·
Yes I have heard of the uprisings. I thank you for your visit and I hope you can endure the difficult times with strength and determination! 

Sí, he oído hablar de los levantamientos. ¡Le agradezco su visita y espero que pueda soportar los momentos difíciles con fuerza y ​​determinación!
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@heymattsokol ·
$0.02
Don't you think that day trading is a losing endeavor altogether?

This isn't you being a failure or something, you're playing a game that you are rigged to lose. It's like playing roulette and trying to use skill to win.

You'd be so much better off simply holding tokens in your favorite blockchains, never selling for years. You really can't lose  that way. Especially right now in the down market its so easy to just buy and hold and wait, the market will 10x again in the coming years.

The real principle that would help you in your current situation IMO is asset allocation.
👍  
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vote details (1)
@overkillcoin ·
Hi Matt! 

I respect this point of view. However, having lost enough potential profits to buy a house free-and-clear, I think there has to be an additional option to buy/hold. Putting a small amount on the line for bigger profits is something I'm willing to risk. 

You're right, day trading is ridiculous. I think swing trades from 3 - 7 days are more my type. I'm willing to risk small amounts. 

If I find stagnation or otherwise lack of success in a month's time, I'll be the first to admit I was wrong!
👍  
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@indigoocean ·
I also find swing trading to be lucrative, though I've stopped doing it because it simply requires more focus than I want to have on the crypto markets from day to day. I'd rather forgo those potential gains so I can spend my life focused on something else. But when I was doing it, I was making a lot of money. A particularly good coin for swing trading is any that consistently trades within what seems like a narrow range in terms of dollars (low price), but is actually a huge range in terms of percentage.
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@indigoocean ·
$0.02
Glad to hear you're finding a way to get your mojo back. Hope everything takes a turn up for you on all fronts.
👍  
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@overkillcoin ·
Thanks so much! I've taken so long to get some direction, though I think I'm starting to get on track. :)
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@soyrosa ·
$0.04
Good luck on finding your way! I’m earning some Utopian votes on my secondary account (translation work) and decided to keep the STEEM there liquid in case... I could use a financial breather ;-) 

Be prepared and good luck! <3

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)
👍  ,
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vote details (2)
@yanes94 ·
This baby turtle reminds me of one you published a long time ago, that was in your backyard, it was a bit strange, but it was cute.
My answer to that publication is always present.
Many times talking is one thing and carrying it out is totally dissimilar.
the robot has helped you? Many things have happened in his life and this past year has been very difficult. The people who really know you can see the great effort you make to improve your life constantly.
I am very convinced that you can do it, neither the fuc.... bear, nor the fools that you sometimes have as clients, will be obstacles in your big climb !.
Successes !!!!
👍  
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vote details (1)
@zekepickleman ·
$0.02
There is nothing like sticking a few hundred dollars on an exchange when the bear market is about to flip over to get you back in the right state of mind!  Plus, you will have shaken the FOMO that results in buying too early and holding too long.

Good to have you back bro!
👍  
properties (23)
authorzekepickleman
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vote details (1)
@overkillcoin · (edited)
I think you're right! I usually don't give myself enough credit , but I've gone from a buy and hold moon-boy to a cautious and more disciplined investor... 

I downplay what I've learned, yet I know now the obvious sell signals that I ignored last year. The knowledge I have now would have made all the difference. No more sad face, just determined face!

And thanks!
properties (22)
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