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3 Strategies to avoid becoming homeless during the crypto bear market
Bear markets are brutal. Here’s how to cope and deal with the realizations.
It was 6:45 am and there were three of us remaining at the poker table; myself, my opponent, and the dealer. I’d been playing Texas Hold ’Em since 8 pm the prior evening. Unfortunately, the Monster and vodkas I’d been drinking had long since worn off. The pretty waitresses were gone, and I was mentally exhausted from the lack of sleep, chip-stack volatility, and the continual calls from my wife asking me when I would be home.
That night of poker was a battle. I started with $1000, and after losing it quickly, I bought it back in for another $500. When I lost my first re-buy, I bought back in for another $500, the last of my funds. My luck turned. I had a rush and built my final $500 stack up to around $3800. Now, I was playing heads up with the other big stack who probably had about $5200 in chips.
The only way I was going home was if I lost all my money or won all of his. The last hand could have been written for a movie. The cards were dealt, and I needed a 9 on the river to complete my straight. The last card came, and it was a 9 of spades. My straight came! I pushed my remaining chips into the pot, and my opponent called me as quickly as I pushed…
