So I got into ETH in the last week of January. At the time, it honestly felt like a reasonable move , I was thinking of it as a short-term investment and decided to park some of my savings there. I didn’t expect fireworks, but I definitely didn’t expect what followed. Within a week, I was down almost 40%, which is a pretty brutal hit by any standard. The loss feels even more real considering I bought around 5.5 ETH, so the absolute numbers are not small at all.
Right now, I’m stuck in that uncomfortable mental space where panic selling feels like the worst possible decision, but holding through this volatility also tests your patience and confidence. Coming from a background where I usually trade conservatively in equities and ETFs, this kind of movement feels almost unreal. I’m used to measured swings, gradual corrections, and some sense of predictability. Crypto, on the other hand, feels like a completely different universe — one that clearly didn’t appreciate my arrival into ETH.
What really confuses me is all the talk around this supposed “bull run.” If this is a bull market, it doesn’t look or feel anything like what I’m used to. The emotional whiplash is intense, and it makes you question timing, strategy, and even your own risk tolerance. That said, I’m trying to shift my mindset away from short-term price action. If the long-term thesis for ETH still holds, I’d rather wait it out than lock in a massive loss driven purely by fear.
So I’m curious how others approach scenarios like this especially those who come from traditional markets. Is this just the cost of entry into crypto, or a lesson in patience and positioning?
Posted by Key-Enthusiasm162