This consolidation period is painful.

in H4LAB Research11 days ago (edited)

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This is a screenshot that I took during the COVID-19 Crash. It was pretty painful for me to hold cryptos. At that time, ETH(Ethereum) price was around $100. Compared to now, it was around 20 times cheaper.

I was holding 32 ETH, and looked forward to Ethereum staking. However, I couldn't have expected spot ETH ETF at all. The market sentiment was filled with despair. Most retail investors were mocking ETH and altcoins. They said "There won't be an altseason anymore.".

I suffered the 1st altseason in December, 2017. Then, I had endured the bearish altcoin market from January 2018 to February 2021. It took 3 years and 1 month.

How about now? I've endured the bearish altcoin market from May 2021 to now. It has lasted.. 3 years and 11 months. It's more boring, and I'm exhausted. Compared to the previous cycle, it's more painful. However, when the 3rd altseason ends, I believe that rewards will be uncountable.

I'm definitely different from ordinary retail investors and traders. When they fall into despair, and leave the market, I'll keep staying here. Someone who endures tough time deserve to be rewarded.