Blood Moon Omen!
Crypto community to me is the one set of people that worths to hang around. Even when our naivity in trading can deliver us a heartbreak, the one thing that remains is the vision of a world to come. In that sense, for me, crypto enthusiasts are pioneers of a new era. Rich or Broke, they participate in the most thrilling journey technology can provide in the 21st century!
And as pioneers, I guess we senced that there will be no Blood Moons in 2024 and we decided to make one ourselves exactly 1 year before an original one. The next Blood Moon will only happen in 2025, on March 14 you will read if you make a simple search. They are talking about a natural phenomenon, we are talking about a price dump! Not the same but it was as close as we could get by employing the blockchain derivatives on our possession!
In days like that you should not search for a higher meaning. There is no secret you could realistically have predicted and could put you on the correct side of the equation. Remember this... you do the same to others countless times. Whenever you close a spot position with $1 profit, someone, somewhere and at some future point in time will suffer a $1 dollar loss. Don't let ideas of inflows of money can nullify that. It won't. You took something out and you set a chain of events that will lead to someone's loss.
You don't feel bad about that, do you? So when in the wrong side of the equation you can only do 2 things
1. Embrace the suck!
2. Reposition yourself as best as your portfolio allows.
Hint: You are not in a loss until you close a position (talking about spot trading here). Until then you are only short-term challenged in terms of liquidity!
So it is our very own Blood Moon. It will come to pass. In the meantime those prices on $XRP $ALGO and $IOTX look super for an entry point!
As always... not a financial advise. DYOR and have fun in crypto wonderland!
