Often times when I look at cryptocurrencies and their fluctuating prices, I am reminded of everyday life.
It is likely we wake up and have a specific routine planned for ourselves. We eat breakfast, we brush our teeth, we shower, we shave, maybe we get a bit of a workout in, and then we head off to work, or perform errands or do whatever’s on that day’s to-do list. Subconsciously, we don’t necessarily expect things to just “change overnight,” as the saying goes, and when we look at digital currencies we somewhat expect the same, that the price will remain where it is and never get any worse. At least this way we may not necessarily get rich, but things will remain safe.
However, sometimes things don’t always turn out that way. I can think of plenty of times where I woke up expecting to follow a certain routine for the day only to be bombarded by some emergency that required me to forfeit all my plans and tend to different matters, and often times bitcoin and related digital currencies do the same thing to us. We see the price hovering at a certain number. We don’t expect a major crash anytime soon, we don’t anticipate massive drops, and despite these thoughts, as we’ve seen in the past few weeks, things like that can occur. Bitcoin has fallen massively; litecoin has dropped, darkcoin has dropped and there’s no way to predict what’s going to happen next and many people are panicking.
But how do we handle our emergencies in life? Do we run around screaming, hoping they’ll go away? No! We deal with them. We get up and do our best to cope, and digital currencies present us with similar scenarios. Those of us who delve heavily in it or invest in it regularly know all-too-well the fluctuations that can occur in the digital currency universe, and as a result we are more prepared for whatever “disasters” that may potentially strike.
Life prepares us for problems, as have digital currencies, so despite any issues we may be facing, if we can get out of them with our heads on our shoulders, we are likely to emerge stronger people, and for that we can be grateful.
So embrace the challenges digital currencies give you. They will only make you tougher.