Crypto corrections hurt! I try to swallow it with my Buffet Theory

Watching the price of Bitcoin and other cryptos cascade down is not an enjoyable experience. It causes my heart beat to quicken and I can feel my blood pressure increasing as I watch while my portfolio’s value shrinks. I try to occupy my mind with thoughts of something else other than the paper losses I’m experiencing. Maybe, I’ll review the interest that I’ve earned on my yield farms, BlockFi, or Celsius or I’ll watch an upbeat YouTuber pump some hope in the markets. Other times, I’ll just stop checking CoinGecko and go play some Nintendo with my kids. Logic says to buy, but emotion tells me to stay the course. This is part of the reason that I employ a DCA approach to a portion of my portfolio where I buy daily in a systematic way to take advantage of price movements. Overall, like many others in this space, I feel that there is more upside in this market and that corrections are par for the course in the world of cryptocurrency. This article is not financial advice and is strictly my thoughts and perspective.

The Buffet Theory

I like to create routines and strategies in multiple aspects of my life. It helps me function in a predictable and effective manner. When I see the markets dump like we’ve recently seen, I think of my buffet theory. Not to be confused with the Buffett theory although I will share…