Responding to portfolio loss is difficult for many of you. How you respond to losses determines whether you make it as a cryptocurrency investor. In cryptocurrency, market volatility is just unavoidable. At some point down the road, you will eventually experience the harshness of a bear market whether you like it or not. Mr. Market just doesn’t care if you puke into your bowl of cereal when you read the latest Bitcoin price. There’s never going to be a day where prices move linearly higher without the price moving lower in lockstep at key moments through a market cycle. Your delusional friends may tell you, oh dude, don’t worry, “the price just goes higher.” Wrong, the price goes lower too and it’s your job to behave rationally even when the price drops. It doesn’t matter if the price drops, because you already anticipated that the price would drop, because it’s a fact of life that some things will occur regardless of whether you want to acknowledge it consciously or subconsciously. You have to take out the garbage or the trash will pile up. You will die one day. You will experience grief due to the loss of a family member one day. You will get sick due to some ailment one day. You will pay taxes one day. You have to payback college loans one day. These unfortunate things are immutable and will likely occur at some point down the road given enough time. You could say price drops are like those unfortunate events that will happen given enough time. It’s like an unavoidable consequence to investing, because markets behave in cycles, and cycles are circular, so they continue to repeat whether you want them to or not. Some spend their whole life trying to outwit price cycles. I’ve never seen anyone avoid market drops consistently. So, instead of responding to price moves by trying to sell in anticipation of the move, the other alternative is to avoid selling on any real price move. If you know price drops are going to happen regardless of whether you like them or not, you’re more likely to endure the P&L balance change reported in your account. But, if you’re not expecting the routine price drop, the sudden drop in price will prompt you to behave/act, i.e. panic sell. When the market comes back around, your left out because you behaved in response to a price drop when it would have been way more intelligent to wait it out, and not sell. Just like everyone who gives up on investing at the first sight of losses, many also give up on self-employment, or operating their first business at the first sight of losses or discomfort. In other words, the eventuality of having to confront challenges should be obvious, but many are obviously not acclimated to the realities of surviving through both the good and bad. After all, the good times are easy, you’re making money easily. Suffering losses is hard, yet it’s the recurring reality of the long-term investor. Something, most recently came investors, or day traders rarely experience, because they’ve never invested a dime in their entire life until recently, and so they’re the fickle-types that quickly wash out at any sign of difficulty, because they only experience success until losses. Whereas long-term investors survive despite the temporary nature of losses. Hence, I never take any overnight success story in investing or business very seriously. They haven’t paid enough dues, and haven’t gone through enough bad cycles to brand themselves as real knowledgeable. If they were, they would never announce their success so early on in life, because everyone looks like a genius riding the waves of a bull market, but surviving multiple bear markets demonstrates experience and wisdom that goes well beyond the norm. In other words, the survivalist investor does much better over the long haul. So, if you can just survive through periods of loss, you’ll likely do better in period of expansion (when things become so much easier). If you want to learn more via video courses with my help, and the help of crypto millionaires, bitcoin foundation founders, and various other crypto pioneers who are at the forefront of news, information, and methodologies you’ve got to join the Bitcoin Crypto Mastermind program. We also provide live events, one-on-one consulting, and private communities where knowledgeable experts, and experienced traders interact with each other, share ideas, and keep a level of inclusion that can be found nowhere else. The program will remain open for a select period, so enroll as soon as possible.