Skip to content Skip to sidebar Skip to footer

My Cryptos: From the Rear-View Mirror of 2018 to a Bigger Table for Signal

How My View on My Cryptos Changed: From Doubt to Discipline

There’s a moment in the life of any portfolio when it stops being a tool and turns into identity. With my cryptos, that moment was coloured by the wild swings of 2018. I looked at them through the rear-view mirror Marshall McLuhan warned about: we march backwards into the future. Back then I was skeptical and a little fearful. what about cryptocurrency was a question I posed with doubt, not hope. Over time, that view shifted from fear to a calm set of rules. I learned to see the signal under the static. The arc was slow, but it stuck.

I want to share this path with you. Not as a guru or an institution, just one person who read a lot and made small mistakes. The short version: caution gave way to discipline. I stopped running from the cycle and started learning from it.

The Crypto Market I Saw in 2018: When the Rally Failed to Call

First described in a market report from March 31, 2018, the environment was rough. Twitter, LinkedIn and Mailchimp had banned crypto ads after Facebook and Google did the same. The total market cap of cryptos slid from $344 billion to $265 billion in that week. Bitcoin hung close to its old low. Altcoins caved in or were about to. I read this and thought the whole space was broken. A failed rally is not about missing a marginal gain, but functions as a tripwire.

Crypto market noise in 2018
 

Five big exchanges shut down in Japan, a large crypto market. Rules talk got louder. This was the kind of news that made me want to run away from my cryptos. But the seed of discipline was planted later when I saw cycles repeat. The bad week was not the end, just a chapter. As history rarely repeats cleanly, but it often rhymes, the pattern would return.

Other headlines from that time added to the gloom. China had filed the most blockchain patents in 2017. Ripple joined Santander for a money transfer app. Litepay shut down amid scam fears and Litecoin gave back its gains. Yet Bithumb launched crypto pay at over six thousand stores in South Korea. The mix of bad and good was the noise I had to sort. Like the jigsaw with my son, some clusters stayed undone for days.

Top Coins Were All Bearish Then: The Levels I Noted

The same report listed resistance and support for the top five. All were bearish. I kept that as a note of how fast mood flips. Numbers move, but the habit of watching levels helped me later. It reminded me of George Miller’s limit: we can only hold about seven items in working memory; these levels were my external table.

Top five cryptos and their bearish levels
  • Bitcoin, with support at $6700 and $5800
  • Ethereum, with support at $385 and $355
  • Ripple, with support at $0.30 and $0.17
  • Litecoin, with support at $107 and $85
  • Bitcoin Cash, with support at $660 and $520

Those prices are old now, but the lesson stays. Coins can drop hard and stay low for a while. My plan must survive the drop, not just the peak. The safest choice is not to keep everything, but to keep purposefully.

Bit Brain’s Six Plain Laws: The Backbone of Calm

I found a set of crypto laws written by a blogger called Bit Brain. They were plain and made sense. He started posting them in early 2018 and added over months. The first law said the market is buoyant and goes up unless outside forces push it down. That flipped my fear a bit. Like Seneca observed, fortune tends to grow slowly, while ruin arrives quickly; these laws were a counterweight.

The six laws that shaped my calm
  • First law: crypto market is buoyant unless outside forces lower value
  • Second law: crypto with your head, not with your heart
  • Third law: crypto is loose hype cycles, not one bubble
  • Fourth law: technical analysis shows market psychology
  • Fifth law: no bear markets, just consolidation periods
  • Sixth law: TA is a tool, not a rule

These short lines became my backbone. They were not fancy, just clear. I read them when price screamed and they pulled me back. The label from inside the jar is hard to read; Bit Brain handed me a window.

The crypto market is inherently buoyant and will continue upwards unless acted upon by continuous external forces that lower market value.

Crypto with your head, not with your heart.

The Thirds Rule for Keeping My Cryptos Safe: Spreading the Risk

Bit Brain shared a personal rule that I copied. He never kept more than one third of his cryptos in any one wallet, on one exchange, or in one coin. That safety step meant a single disaster would not wipe him out. I liked the idea of an easy to use crypto wallet to spread coins without stress.

Ways I split my coins
  • Never more than a third on one exchange
  • Never more than a third in one wallet
  • Never more than a third in a single coin
  • Keep the rest spread out for safety

This simple split gave me peace. It turned panic into a habit. I also liked his other sayings: diversify, never sell all your BTC, take profits at set intervals. Those fit the same calm mold. Planned abandonment, as Drucker called it, is not just for organisations.

An Altcoin is a Bitcoin Supercharger

Never sell all your BTC

A Costly Mistake With Profit Dates: The Greed That Bit

The same writer told of a miss. He worked on six month cycles and got greedy. He ignored his profit taking date on January 31 (a past date) and lost several times his portfolio value. That scared me straight. I set my own dates and honor them. The Long Kiss Goodnight curve is a gradual climb then fall; I wanted no part of it.

I got greedy and ignored my profit taking date on 31 January. That single mistake cost me several times the current value of my entire crypto portfolio!

Hey, don’t skip this part. A calendar reminder is cheap. Missing it can hurt bad. I now take a small piece off the table every half year no matter the mood. Not to be a grinch, but sometimes when the numbers look best, it is because the future has already been outsourced.

From Skeptic to Someone Who Learns: Closing the Gap

Another writer, Brice Carter, wrote that he was critical a few years before. He admitted not knowing the asset class well. That was me too. He and a colleague got a Certified Digital Asset Advisor badge. Learning closed his gap. I asked myself how can i invest in cryptocurrency only after I read a bit.

He said crypto can be a small part of a portfolio, maybe one to five percent for younger or bolder folks. That matched my quiet discipline. Not all in, just a slice. He noted even experts struggle to keep up, which made me feel less dumb for being late. The puzzle outgrows the table; none of us hold enough pieces alone.

Brice also pointed to an old 2017 article by Ronnie Thompson that stayed neutral. With hindsight, coins beat stocks in later years. The zero value calls from some experts looked wrong. Homework beat hot takes. The signal was already inside the organisation; we just needed to hear it.

Use Cases That Shook My Doubt: Signal Beyond Price

Brice listed real reasons crypto helps. These showed me signal beyond price charts. I made a short list of cases that matter to people. Like the jigsaw, each fragment revealed the picture.

Why crypto can be useful
  • Refugees can move value without a bank that may vanish
  • People under gov freeze orders keep control of coins
  • Folks in places with bad money inflation shelter with Bitcoin
  • Schools and homes now accept crypto in many places

Imagine you are a Ukrainian citizen fleeing as the Russian army surrounds your city... I would find comfort in owning some Bitcoin safely stored in the digital world.

That kind of story made my old skepticism feel lazy. The tech had real use. He noted you can pay tuition at Princeton or Wharton with crypto now, and big homes get bought with coins. That was unthinkable in 2017. The future is often born in the manger as a symbol for the low-end, overlooked place.

He also wrote about Canadian truckers whose bank accounts were frozen without due process. Decentralized wallets can’t be frozen by a government. That use case is not just profit, it’s freedom for some. As Andy Grove said, snow melts at the edges; here the edge was financial exclusion.

Risks I Still Keep in Mind: The Gray Rhino

I am not blind. Crypto moves wild, worse than stocks. Rules from governments are still unclear. Some big coins failed due to lack of oversight. I respect that. But for the right person the risk can be worth the shot. The Gray Rhino is obvious in hindsight, unheeded in foresight.

Brice noted that even with upsides, the asset class is enormously volatile. I keep my share small so a drop won’t sink me. A little Bitcoin would have helped a Venezuelan during hyperinflation. That same swing can hurt a careless holder. Exponential decay follows the same curve as growth-only inverted.

Not All Crypto Digital Assets Are One Thing: A Taxonomy

I read a framework that split coins into groups. The point: Bitcoin and Ether are settlement layer coins, while others are services or sectors. These crypto digital assets behave different under stress. Settlement coins tracked the broad market near one to one. Smaller sector coins swung harder.

Crude split of coin types
  • Settlement coins like Bitcoin and Ether for fees and base layer
  • Services coins that offer oracle or app functions
  • Sectors coins with small cap growth tilt
  • Each group shows different risk in down times

In one study of factor profiles, settlement assets had market beta near 0.99 and negative downside beta around -1.01. Sectors and services had market beta above 1.4 and stronger small cap tilt. Knowing the type helped me stop treating my cryptos as one blob. I could assign each a job. The pieces multiply; the puzzle outgrows the individual table.

The study said combining taxonomy and factor views lets a holder see where risk comes from. For me, that meant my Bitcoin was anchor, my small altcoins were spice. No need for fancy charts, just a clear label in my head. It is hard to read the label from inside the jar, but a taxonomy is a start.

Trying to Predict Prices With Machines: When Noise Beats Math

Some folks in world crypto tried deep learning to guess prices. They pulled daily Bitcoin and Ether data from a public site and built a model called LSTM. It looked smart but its guesses were not much better than just saying tomorrow equals today. That told me noise beats fancy math often.

We’ve collected some crypto data and fed it into a supercool deeply intelligent machine learning LSTM model. Unfortunately, its predictions were not that different from just spitting out the previous value.

The writer used a ten day window and trained on data before mid 2017. Test results tracked the lag model closely. A random walk did about the same. I dropped the dream of a perfect signal. I kept the simple rules instead. The table simply became large enough to hold more diverse pieces, yet the pattern was already there.

The moon memes are fun but my plan is earth bound. Deep learning is cool, yet for my cryptos I trust split stacks and calm dates over neural nets. AI doesn’t replace human thought; it expands the workspace.

Picking a Wallet and Simple Steps: The Tools That Don’t Fight You

Discipline needs tools that don't fight you. I looked for an easy to use crypto wallet and a wallet app for crypto that lets me move coins fast. I also learned how to get on coinbase to buy a base position. And I read how to cash out crypto wallet before I ever funded it. Know the exit before the door.

My crypto house rules
  • Use a wallet app for crypto that I understand
  • Split coins by the thirds rule
  • Take profit at set dates, no exceptions
  • Keep total stake small, one to five percent

These steps turned my cryptos from a scary ride to a quiet hobby. I don’t need a bank to hold my keys, but I do need a clear screen and a button I trust. The app matters more than the hype. Perfection is achieved not when there is nothing more to add, but when there is nothing left to take away.

Where I Stand On My Cryptos Now: The Signal on a Bigger Table

I don't chase crypto best buys today . I hold a modest bag and watch cycles. The signal was there all along; I just needed a bigger table to see it. My doubt gave way to a calm hand.

If you wonder how do i invest in crypto currency , start small and learn. The arc from noise to signal is personal but open to anyone. A little reading, a simple wallet, and a date to take profit will beat panic every time.

Small Notes On News That Shaped Me: The Rhymes of History

Old headlines like China filing blockchain patents in 2017, or Ripple teaming with Santander, showed the space kept building even in bear markets. Litepay shut down amid scam fears, a warning I heeded. Bithumb let crypto pay at thousands of stores in South Korea. These tidbits were noise then, signal now. History rarely repeats itself cleanly, but it often rhymes.

Bank of England tested distributed ledger for settlement. Ford filed a patent to use crypto for traffic. Coinbase added ERC20 support. Bitfinex looked at moving to Switzerland. None of that needed daily tracking, but it proved the train kept moving. The diffusion of innovation has become the diffusion of everything.

TA is a tool, not a rule!

That line from Bit Brain sits on my desk. Tools help, rules from self keep you safe. My cryptos are louder than they were, but I hear the tone now. The safest choice is not to keep everything, but to keep purposefully.

My Quiet Disciplines Pay Off: The Antidote to Fear

The antidote to my old fear was simple: rules, an easy screen, and a wish to learn from the cycle. I missed a profit window once by being greedy in spirit, not act. Now I mark the day and sell a slice. The market may dip or rip, I stay at the table. Easier said than done.

You don’t need to be a genius. You need to be calm and split your stack. My cryptos went from noise to signal because I gave them a frame. That’s the whole arc, plain and done. The signal was there all along; I just needed a bigger table to see it.

Related Posts

Comments on “My Cryptos: From the Rear-View Mirror of 2018 to a Bigger Table for Signal”

No comments yet. Be the first to share your thoughts.

Leave a comment

Your comment will be reviewed before it appears on this page.