Hard times can either break you or make you.
Even though this is a very well-known statement, many people seem to not fully understand the meaning of this – or even worse: they know it, but once the troubled waters hit their shore, they get desperate and flee, no lessons learned, no hardship endured.
Of course, we are not here to be judgemental. Each one knows what is best for their lives and for their loved ones.
The purpose of this article is to emphasize the glory and beauty that can be experienced when one stands tall through dark times, even in financial segments.
Finance is also life
By now, many readers might be asking: ‘but isn’t that too philosophical for a crypto blog?’.
Well, if you think that way, maybe you can be underestimating it too much.
Crypto is money. Money is finance. Finance is a fundamental part of life, whether you like it or not.
The position you place money in your existence may vary, but one undeniable fact is that without it, you cannot survive in this world. An author named Jonathan Swift wrote something that really struck me a while ago:
“A wise person should have money in their head, but not in their heart”– Jonathan Swift
The pointed-out difference here is within the essence of the human being. Money as a practical, logical, and material aspect of your life is totally fine and actually encouraged.
But money as your life guidance, your object of affection, your moral compass, or above everything and anyone else can be a huge red flag.
There’s another quote – and I apologize for using them too much in this article, but they can really help us get to the point here – that comes from a wise yet controversial man, especially in the crypto business.
However, let’s not focus on what he had said about crypto. This other statement is way more helpful for me:
“I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy”– Warren Buffett
I believe this sentence does not only apply to Wall Street. The Crypto market may also fit this one very well.
But, hold on! Of course, some considerations are in order: I truly believe that Mr. Buffet was referring to people who already understand the market, so don’t go crazy being insanely greedy during tough times, ok?
That being said, look at the depth of this affirmation.
We all know by now that Wall Street and other financial markets are moved by greed and fear.
However, to be a master of your mind, to actually have a personal way of thinking, and not just going with others is actually the key here.
The main goal of a statement like this is to remind you that cooler, strategic, and practical minds work better when they push those sentiments to the side and treat money like it is supposed to be treated: with your mind, not with your heart.
People started referring to bear and bull markets because of the movement these animals use to attack their prey: while bulls attack horns up, bears move paws down.
Therefore, bull markets represent the ideal moment to attack all the way up and bears represent the moment the markets are slamming down the numbers.
I always thought this was not a fully good representation of what bears could mean.
For me, a bear market can also signal a moment to retreat, to be careful but not necessarily to give up.
I took this from my 4th-grade classes when my teacher enlightened us about periods of hibernation: Bears, like other animals that do the same, use the period of winter to retreat, rest, and, most of all, save energy.
I really like to think about it this way: as it happens with animals’ hibernation, shouldn’t we associate bear markets also with a moment to slow down our bets and use our minds very strategically while we gather as much information as we can so we will learn and be totally ready for when the dryer weather comes?
Bears do not break; they build
Another good anecdote that can be done is related to what bears, chipmunks and other hibernating animals do: they save energy for those moments.
By using your resources wisely, you’ll be so much better prepared for the wintertime.
That’s why finance experts cannot stress this enough: never invest what you can’t lose.
Investors that use this knowledge to put their money on crypto or any other variable market, tend to suffer less when moments of affliction come.
Just as the mammals who understand the nature of their existence and save up energy in order to not die as the snow falls and the cold weather comes, we should know how to prepare and build to have better results in the future.
That’s the lesson that does not escape my mind for one second: the time of bears can be time to build.
Nature teaches us best: if you know how to be patient, educate yourself, and not give up during hard times, you keep yourself alive in the jungle and you can thrive whichever the season.
Klever keeps building
Not only nature can serve as a good example of building in hesitant times.
Klever continues to be a good reference when it comes to not being afraid of bear markets and rather keeps pushing and growing to get even stronger.
In a year so full of uncertainties and already known as one of the landmarks of the bear market in the crypto segment, Klever keeps launching and delivering.
Not only has the company launched its own Blockchain, the KleverChain, but according to Klever’s CEO and Co-Founder Dio Ianakiara, it’s only the beginning of this year. Klever is yet to deliver in the next 12 months:
- Klever Blockchain API (Cross-Chain Wallet Management)
- Klever Kustody API (Cloud/Hosted Custody)
- Klever Banking API (Crypto banking for apps and games)
- Klever Explorers API (Cross-chain Explorer)
- Klever Exchange API (Klever Exchange API)
- Klever Bots API (Klever Exchange Bots API)
- Klever XTL API (Manage Multiple Exchanges)
- Klever Data (Blockchain Analytics API)
All products are included on Klever OS SDK with support for 20,000+ tokens and 20+ top blockchains and the Klever OS Launch is set to Q3 2022.
So, are you afraid of the bear or will you learn with it?
The Klever family already knows its answer.