Crypto blood bath‼️
Crypto feels worse than ever before!
Over the last 9 years I’ve never seen the sentiment this bad.
But despite everything I stand by my convictions. I am a crypto bull.
Between 2017 and 2022 crypto destroyed on a few different occasions. Like in 2017/18..
I put 6k in > my portfolio went up to 30k > greed kicked in > I lost it all > then buried my head in the sand like the proverbial ostrich
2021 was much better but I still made huge painful mistakes (mainly because of greed again). I was stressed. Anxious as f***. Even worse I there were periods when I wasn’t present for my family.
Everything change for me and crypto in mid 2022. When I started approaching crypto in the same way I approach index investing. It’s very simple…
DCA each month - I’ve done this since June 2022.
Think long term - with crypto 5-10 years. Index investing I think even longer.
This has meant I’m much calmer. Im not looking at charts all day. And I’m not listening to the crypto bros too much on YouTube or X.
I said it yesterday in my skool community - I believe in Bitcoin and crypto. And that will be the case even if BTC drops to $10k…
The fact is - the financial system is broken. Inflation is much higher than most people think. The cost of living is a joke 🤬
IMO we are forced into investing into assets like the S&P 500 or crypto if you can handle the volatility.
Everything feels hard. Bu there are 2 things us normal people can do…
  1. Financial education
  2. Invest into assets
I’m not saying go and buy crypto. I am saying I believe you need to invest into assets suited to you as an individual- based on your tolerance to risk and your goals.
Anyway this little post is mainly for members of my skool community. But also for anyone else who needs a bit of support wit investing 👍👍👍
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Peter Duffy
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Crypto blood bath‼️
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