How Losing $100,000 in Crypto Ended Up Being the Best Thing That Happened to Me as an…

6 months ago 30

Alexander Koning

The Capital

The author in his studio

It still hurts, very deeply so. Every time I see the $SOLANA price rise a bit more, I remember buying 200 of them at 12 dollars a piece during the early 2023 dip -I would rather not look up the chart to see their price right now. Then there was the meme coin $PEPE, which I must have owned tens of thousands of at a market cap of sub 1 Billion USD. Even writing these statistics sends chills down my spine, triggering every mental instability I still carry in me.

Such feelings of extreme grief, regret, and anxiety might probably be very well-known to the majority of seasoned crypto investors, still, they were moderately novel to me — even if I have been trading crypto since 2017. Eventually, my latest crypto adventure ended up with me being briefly hospitalized after a severe existential and mental breakdown.

What happened? I sold too early because work was slow, and I needed the money. I had made some profit but not the financial freedom I craved for so long.

But hey, that’s the game of crypto. It’s not for crybabies. Toughen up, dust yourself off, and try again.’ I told myself.

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