My strategy to keep my BCH safe at the moment

To keep my BCH, I would pretend like I can’t hear or see

This has been the strategy that kept me going since the beginning of this crypto crash, pretending like I don’t see or hear about the negative things happening to different cryptos this period. It is not easy waking up every day to see that your crypto is worth less than you left it yesterday . This alone is enough to create FUD. Then coupled with the numerous negative review you would read online and what you would hear people around you say everyday about how they were wise enough to sell their crypto on time, so on and so forth.

Though pretending not to be in real time alone would not help to solve the issue or restore the crypto market, but it would help save you from panic sell so that you don’t end up regretting like some people always do. This is not the first time the crypto market is facing major crash. If you were around last year then you would agree with me that similar thing happened. Many people lost interest in crypto, sold off mostly in loss. It later bounced back and BTC was able to touch ATH (all time high) in October. This happening witnessed a lot of regret within the crypto community because, they didn’t buy when they had the opportunity and even sold off the little they had in loss.

The writers, youtubers and most of the podcasts deliberate on the current state of the market. When the market is in a downward trend like it is happening now, they point out supposed facts that would support their claim of it never coming back up. That is when you would read a lot of negative things from those who know little to nothing about cryptocurrencies. When the market starts to heal and the bulls take over, then all their review would become positive ones. They would begin to talk about how crypto is the future and everyone needs to start buying. They only do all of this for click bait, to make their money. They know what people would love to hear at a particular time and that is exactly what they would say.

This only works if you are not well rooted in your belief of the particular crypto you are hodling. Which brings us to the issue of trust. When you are already in doubt, it is easier to get carried away by what you see and read. For you to have that enough trust in the crypto currency you have in your portfolio, you need to constantly be in touch with the community. You should know what is going on, if there is a new development. You should identify fellow hodlers and know how they are holding up. Many crypto projects don’t even have the platforms to unite their owners and users. This is what makes BCH so special. There are platforms where you could easily get in touch with fellow users and get first-hand information about BCH. This alone boost trust and gives you the confidence to ignore naysayers and hold on tightly to your coins.

Aside trust, the other thing is patience. When the market is doing good, the media usually make crypto look like a ‘get rich quick scheme’. They wouldn’t talk about the setbacks involved at that moment, and then you see people rushing to invest with the hope of making it big within the shortest possible period. When it doesn’t go as expected and there is a little decline in the market, the media continue with their job of creating FUD and then they panic and sell off in loss. This is why most newbie end up losing so much to crypto that they curse and talk bitterly about it. you can’t earn the status of an investor if you can’t exercise patience. Patience is one particular virtue that everyone hodling one crypto or the other needs to succeed.

Especially during this time, I like to pay little attention to negative reviews about bch. I don’t give ear to whatever people have to say that does not go in line with my beliefs about BITCOINCASH so that I don’t end up losing my coin to fear and regret later. I have people calling me to seek advice and some to express their fear about the future of bch and crypto as a whole, but my reply to them always is, to keep hope alive.

Rather than a time to panic and sell, I see it as a buying opportunity. So let’s stock our safe with BCH, fellow believers!