your buddy who’s been diving into the crypto world since 2017. Crypto’s a wild beast, I’ve seen it all, from five-figure wins that had me grinning like a fool to gut-punch losses that left me staring at the wall. Volatility? It’s the name of the game, and man, has it messed with my head. I’ve been that guy checking my wallet every ten minutes, heart racing, and it’s no way to live. So, let’s chat about wrestling price action, surviving the swings, and keeping sanity. No financial advice here—just my battle scars and a few hard-earned tricks. Let's chat.
Picture this, my first big crypto run. One day, I’m up 5 figures, feeling like a king and then the next day, it’s gone, and I’m a wreck. Fast forward to 2021, flipping NFTs lands me a house, but I’ve also watched five-figure drops wipe out gains overnight. Those swings? They’re brutal. My $18 Solana buy from way back? It’s soared and crashed. I've what they call in the crypto community 'Round Tripped' Solana, meaning I've bought at the bottom, watching it go to ATH, back down to where I bought it and back up again... Not fun, I suggest taking profits.
Here’s where I got dumb. Early on, I’d check my wallet every ten minutes, up, down, refresh, repeat. It was like a drug, and I was hooked. My Telstra days taught me grit, but this? It was eating me alive. I’d wake up, grab my phone, and boom, mood set by the numbers. Green? I’m golden. Red? I’m toast. It tanked my mental health, snappy with mates, zoned out at work. That’s not living, it’s a trap I had to claw out of!
Crypto’s price action is a rollercoaster with no brakes. One minute, you’re up the next, it’s a freefall. I’ve seen Bitcoin hit $105K, then dip to $88K like it’s nothing. My Solana? Same deal, wild pumps, brutal dumps. I’d sit there, glued to charts, second-guessing every move. Was I a genius or a fool? X posts fuel the fire, hype one day, doom the next. I learnt overtime that his was not sustainable and was actually effecting my decision making.
So, how’d I stop the madness? First, I quit checking my wallet every 10-15 minutes. Set times, once, twice a day, max and I stuck to it. Next, I zoomed out. Those five-figure swings? They sting, but I’ve seen crypto bounce back, it's what it does and I did the research and trusted the coins I was in. I then came to realisation that the money invested in crypto, if it went to 0 'yes I'd be upset' but it wouldn't bankrupt me.
My advice to you is only invest money you are willing to lose, it helps remove the emotion from it. Getting into crypto is exciting, it's suppose to be but it's not suppose to glue you to your wallet every second of the day.
Here’s what saved me. Crypto’s not just price tags, it’s bigger for me. My NFT wins weren’t luck, they were a hustle. My telecom grind at Telstra taught me slow gains beat quick losses. Now, I’m chasing a crypto gig, Business Development or Growth roles, not chart-chasing. Each day I see bearish people calling the end of Crypto, but I see payments flying, games paying out, real stuff growing. It’s my reset, focus on the why, not the what-if. Keeps my head straight when the numbers go nuts!
This is where it clicks. Crypto’s not just a wallet rollercoaster, it’s a mind game. I’ve danced with five-figure days, green and red, and learned to step back. It’s not about checking every dip, it’s about riding the wave with a grin. Maybe you’ve felt that rush or crash too. For me, it’s the future I’m building, not the minute-by-minute madness!
Maybe wrestling crypto chaos will bring us on-chain, one steady breath at a time! What’s your trick when the markets up or down? laughing off the dips or dodging the charts? Drop your thoughts below, I’d love to hear how you deal with the madness of crypto!
JC