Hand to mouth
Life in a bear market is very tedious when you have lived through a bull market. If you live off crypto, you are forced to make lifestyle changes that cater to the changes that come with the crypto market.
For me, it has required making a flurry of changes in the way I spend money. Simply put, I've been spending a lot less than I usually did during the bull market and it's not been easy.
I have to make it clear that I'm not here to complain, as things could be worse. I'm still very unemployed but at least I have a source of income; imagine if I didn't.
My source of income is volatile and varies with the times. All it takes to hurt me is bad publicity or legislation in the US, and just like that, I'll be immensely poor.
In any case, my regular source of income has been seriously impacted by the crypto market and to make matters worse, all my clients outside Hive have also not been coming around. Perhaps it might be time I start spamming random cold emails and applying for jobs as well, maybe there is something out there for me.
The idea of getting a job is quite scary, particularly because I know for certain that it will interfere with the simple but fulfilling lifestyle I've managed to create. In recent times, I've been earning less but I've been working on my mind and body with tangible signs of improvement showing so far.
At the time of writing, a job will get me more money towards our relocation plans and will also give me extra for other activities but the downside is that it'll take me back to being overweight and mildly depressed.
I have to think about it carefully because while my income now is low, I still manage to get by, living hand to mouth and making the most of the little I earn these days. It is not an ideal situation but half of a loaf is better than nothing.
The long game
One thing that has never popped into my mind is liquidating my crypto assets that I consider to be my capital. At the top of the list is my Splinterlands deck that has recently seen its value rise due to the Hive pump in recent days.
I also intend to practice holding by keeping a small stack of Hive liquid, waiting for any crazy move in the crypto market. I set a lofty target for the Hive in my connection, and while it is a pipe dream now, I reckon $3 is achievable this year.
The HBD in my savings will stay there for the foreseeable future, as I intend to continue earning monthly dividend from it. It's roughly $33 HBD per month from HBD savings but that's like minimum wage in Nigeria, so I can't complain.
Outside Hive, I've also resisted the temptation to touch any of the assets I've been bag holding all this time. The $50 worth of ATOM I got paid a long time ago has earned me another ATOM and is currently worth close to $100 and yes, it is not much but it is growth.
Despite the low value, I'm still farming and holding Cub and Cake on BSC. I have Polycub cooking in one corner and then a small stack of RAIL token on Ethereum.
I've managed to resist the urge to sell these assets, despite the state of the market. I never let fear take control and I'll be playing the long game with these assets.
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Yeah man i think you are really making a very good decisions by not selling your assets even in the face austerity, sooner or later you will be grateful for not selling them.
Amen to that
Getting a job will definitely affect your current lifestyle. But I don't think this is the right time to liquidate your crypto. You have lofty decisions and I wish you all the best buddy.
Definitely not considering it. If I had more means, I'd be investing heavily
I think that selling your assets wasn't the best choice, I understand it's not easy but being able to resist was a great move.
Half a loaf is better than no loaf I like!
Come on, you'll see that the satisfactions you deserve will come!
greetings @belemo _
no doubt that this market with its ups and downs and the large amount of news against it, makes you think many things but I think in the end it will come out well and benefit everyone, let's not become the weak hands and will pass and new times will come.