/biz/ - Business & Finance

I remember the gut wrenching feeling I got in my stomach right before the crypto market crashed in 2013. I didn't sell because my greed made me ignore my gut. I got the same feeling in january 2018, and luckily I sold a few days before the crash. I got the same feeling in late february 2020, and sold everything only to watch covid-19 send BTC down to $4k.

I don't know why my gut manages to tell me when the crash is near, but I haven't felt it yet. So we're safe for at least another week or two.

I came into crypto in early 2018 with my $5k life savings right after it had begun to crash, thinking I had missed the boat since the 2017 bullrun was over and it just kept going down and further down.
But I kept treating crypto like a second job. I kept trying to learn the ropes of how the market actually works and how to effectively trade altcoins while reducing risk. And now I'm at 7 figures.

This market can take away everything you've got if you don't have the intelligence or motivation to properly work it. But there's also no limits to how much you can make if you put in the work and have a functioning brain.