Thank You Bear Market

Gone are the days when I was so delighted earning more than 1 BCH in read.cash or combined with my noise.cash account. Gone are the days when my earnings here or both noise.cash account amounting 20,000 or more in our fiat, during that time BCH price plays $350-$400 range.

The 20,000 fiat ($300-$400) amount is higher than the minimum wage earner of our country. Just writing articles with various topics and some are even nonsensical to others gives me more than the minimum wage earner of our country. Who would not be delighted by that right?

However, change is the only constant in this world. When bear market slowly killed our portfolio, those flashy digits we've earned here vanish like a bubble. Although, I've cash out several times so my losses isn't that bad compared to other users or holder in here.

Bear Market Sucks But I am Still Grateful

How come? I don't earn even $10 here anymore. How come I am still grateful? Well, I'm always grateful to read.cash (the platform itself), Simon and his team, Marc Demecel, Rusty (Random reward) and my read.cash fam (you reading this). Bull market with these people and platform makes it so memorable to me.

Despite that bear market crushes us badly, I still have more reasons to be thankful for.

1. I've learned how to be a writer

When bear market happens, the earnings here drastically changed. It gives me the reason or opportunity to learn formally how to be a writer and make a living with it. Who would have thought, a noob who doesn't even know what "URL" means way back learns to write formally and find clients. Not an expert though, still at the learning phase but having client that hires you and publish what you wrote is very satisfying.

My earnings with my writing gig is still lower than what I've earned here before. As my earnings varies ranging from 12,000-18,000 PHP a month depending on my output or assigned task or if the dollar price is high. However, my work load and working time is very flexible. I don't work 8hrs straight or 4hrs straight a day. I can slack of for as much as I can and crams when deadline comes LOL.

I don't want to step up the game for now and find premium client that offers higher rates since I think my experience wasn't enough yet. Also, I cannot commit fully since my internet connection here in my inlaws house is bad. I cannot commit full time since I need to send and fetch my daughter in school.

I love my current setup now, it is not stressful. I am relaxed as ever and I can even pursue my fitness journey, be a mom without pressure and don't spend too much online. It's like I've been teleport back to the real world, unlike when I was very active in crypto world.

1. I've learned how to be careful in doing trades or investing

Right now, I've come back to trading. My stuck trade in Binance finally bounce back and was able to sold the coin I hold for how many months. It gives me capital to trade back again and I'm very careful in picking what to buy. I still have my BCH in my Bitcoin.com and I don't want to touch it, just hold it until BCH will bounce back to the moon!!

1. Let me learn my favorite Bollinger Bands Indicator again

When my stuck coin bounce back, I sold too early. As always whenever I sell, the coin skyrocket and whenever I bought it drops badly LOL.

However, my understanding on Bollinger Bands Indicator along with RSI, MACD and Volume are too shallow. Which makes me sell early or buy early. Recently I've watched how Bollinger Bands Indicator works in YouTube and did several back tracking and it was good. Not totally perfect indicator since news plays a big role in financial markets but it make sense.

At least for now, I know when to stop holding, when to sell and when is the right time to buy.

Overall, I am grateful with bear market because it teaches me how to pursue learnings. Not to rely on other people's donation for earnings or a living, it's not bad though since we all put an effort to write here. However learning new things and taking steps to a new level is a game-changer. At least for now, I can find a job that fits my skills a “real job” so I won't rely on Rusty or any blogging platform for earnings.

I don't write here anymore to earn, but I come here whenever I can because I missed and love the platform. It feels like a home, where I can share and be myself.

How about you? Missing the old times? Did bear market made changes in you or in your life? How did you cope up?

Lead Image: Unsplash via Maxim Hopman