Crypto Market is Crashing! What Would Goku Do?

Oh No, the crypto market is crashing! Losing over a trillion dollars in liquidity in the last 5 months. Erasing all of 2021 gains and leaving every investor wondering Is this the end of Bitcoin ? Millions of critics are rushing to the internet in droves to relish in the loss of would-be investors, McDonald hiring memes are popping up everywhere, even the classic crying Jordan face has resurfaced to join in on the humiliation. In times like this it's best to go inward and stand firm on your foundation.Reading a good autobiography from your favorite role models who exhibit excellent character in the darkest of times is an option. Others might cling tight to religion in moments of loss, but for me the entity I find myself thinking of in my toughest of times is the legendary anime character Son Goku. For those who. don't know who Goku is, (if that's even possible) he's the main protagonist in the long running anime titled DragonBall("Z,GT,Super") .

Long story short he was an alien sent to earth to destroy it as a baby, but ends up protecting it from the evil doers who come across the universe. Often time Goku finds himself at a disadvantage but he always finds away to overcome adversity. The other special thing about the Dragonball series is that it spans over 30 years, so Goku is literally a character most DragonBall fans have grew up with, without any storyline redundancy. We've seen him mature from a child to a grandpa through out his journey. Hopefully this sheds light on the eerie obsession adult males (me) have with with anime.

When faced with losing 60% percent of your portfolio during a time where economic uncertainty is looming , Its understandable see newbie inventor ready to cut losses and swear of crypto investments all in a matter of minutes. Investors who've been in the crypto space for more than 8 years have a little bit more understanding of what's really taking place. Most investors saw massive gains and dealt with temporary losses of 15%-30% that swung back into the positive within a month and they thought that was the volatility Bloomberg was warning them about . Only experiencing quick volatility gave false confidence that risk seemed manageable, and that the pot of gold was just a few Elon tweets away. Now the rollercoaster has begun a bottomless drop that have newbies jumping off mid ride . Analyzing the sentiment on apps like Twitter and Reddit indicate it's currently not a fun time to talk about crypto. Real pain has set in, and the overuse of leverage has added an extra element of damage to the market. The question that seems appropriate is how can an investor remain confident in such conditions? Maybe a better question is "What Would Goku Do ?"

First thing I realised is Goku wouldn't panic sell. The words of his enemies wouldn't dictate his next move .Fud that appears on MSNBC, Bloomberg, and other mainstream news outlets shouldn't directly dictate your personal portfolio activity. The truth is when information is disbursed nationally about the market, it has already effected the market. It just seems pointless to sell your crypto because of already factored in information.

Secondly, instead of panic selling he'd actual double down on his actions. Translating this into market terms would mean buying the dip. It is so ironic that the same people who wished they'd invested in bitcoin earlier, are running away from record discount prices now. It is truly a mystery why novice investors only see the value in an asset when others do. Experienced investors buy low and sell high. A well known investor hack but it's hard to do when your internal fear greed indicator isn't under control. This isn't the 1st time Bitcoin crashed and it won't be the last, seize the moment. A whole separate article could be written on the 4 year crypto market cycle, but the most important point is that the lows are getting higher, and the volatility has become less extreme. More good news is that cryptocurrency correlation with the S&P 500 has started to form identical patterns. So the same old people who are making fun of your loss of gains are suffering similar losses in their traditional 401K, ignorance is bliss. Finally the last thing Goku would do is go all in on a final attack. Right when the moment looks darkest, Goku would preform his most powerful moves like a Kaioken boost, Kamehameha blast, or the Spirit-bomb . This can be translated as focusing, reallocate, and consolidate crypto assets . Pulling in extra money from savings account, or moving some of your alt-coins into a bigger cap coin like Bitcoin, Ethereum , or Dodgecoin. This will help minimize future losses, while increasing recovery potential when the market rebounds.

I hope these lessons from the greatest anime character of all-time can provide you more courage to stay on the cutting edge of human innovation . If you need extra motivation DragonBall Super: SuperHero movie well debut June 11 in Japan.Heres a trailer below.