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I wonder what happened with you now dude, have you invested your money or not?. IMHO, the key is "managing risk". If I may, I want to share some unwritten rules investing in the crypto world. First, don't use your hot money, use your cold money instead. Second, invest money that you can afford to lose. Third, divide your investment into several portfolios don't put it in one bucket. Fourth, when you trade, don't make a decision based on emotion merely and don't rely on other people to decide what and how you invest. DOYR, instead. I hope you can gain some profits from here.
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It's interesting to say that the metaverse coin has shown impressive growth during the month of November despite bearish BTC. It's shown that some of the projects (not only metaverse) are actually can survive even thriving in the bearish season because not only because of (probably) the fundamentals but also they could attract investors by its trend.
So, IMHO a good fundamental pairing with investors' interest will make projects will keep surviving, It's what differentiates between an only good fundamental and the projects who have both. Only good fundamental projects can be failed, but when they have support from their community, they're sure can survive.
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IMHO, meme coins were never worth holding. It's meant to be sold when the hype comes and dump it immediately since it doesn't have a reason to come to ATH again if there's no hype which is I don't know where it'll come if there's no fundamental. Oh yes, if Elon Musk tweet about that. But I think, it's a one in million chance although it's not impossible. Well, if you love the hype projects, you can try everything about metaverse now. Not financial advice.
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First of all, exactly. There are profits and losses in the crypto world just like two sides of coins. That's why risk management is important so you'll be able to comfortably accept it. Don't ever use hot money, use cold money instead and invest as much as you can afford to lose. Don't use only your emotions or instinct merely in trading cause I experienced it myself, it's just come to losses. And please, no mentor who'll decide your investment. You can discuss with others, you can absorb their knowledge but don't just swallow that suggestion just like that. Please always DYOR first.
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To answer your question, "How would your life had been without Bitcoin???" of course there's nothing changed. I will just search for work in the office from 8 to 5 or probably more because I was just got unemployed at that time and God sent me an answer. But, actually, that shouldn't be the question. the question should be, How is your life now after you know about Bitcoin? cause man, it's really life-changing. I was able to buy a house for my parents because of crypto and I'm not working in the office anymore. I work flexibly. But, I won't recommend anyone to let go of their real job (if they have any) and just do crypto. I encourage people to do this as a side job, cause it's not easy and so risky.
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Well, for some cases HODL is indeed a good way, however, we never know what the futures hold. I have a bad experience withholding my assets back in 2019. I didn't sell my assets at ATH and was greedy wishing for a higher price. I did research carefully about the project until I decided to invest my money there. I saw the team members are doxxed and solid. But I was making mistake thou', I don't know at that time if it was a red flag or not but they changed their direction, and I was too blind to see, I was too confident that they'll take care of our investment or even I was still hoping they could bring us to the previous ATH and they claimed in bankruptcy at the end. My assets were valued at zero in a night.
Well, from this I think I can tell that at least for me, the keyword is not holding but managing the risk. Just like what you said, your mistake is "I sold all instead of leaving some parts behind" while, I held all of them instead of selling some parts at ATH.
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