As our beloved ADA has stumbled by ~60% over the past month, it might be interesting and enlightening to learn from newbies and veterans alike about how we all deal with the emotional roller-coaster. Of course, anybody can say “HODL!” but that may not be enough for many smart and important people to appreciate why we hold during the roller-coaster.
How Do You Evangelize During the Roller-Coaster? For example, I’m in the process of educating several people in my investment network about Cardano and the recent price collapse certainly is not helping. On one level, I appreciate the opportunity to buy on the dips, but my personal desires must be balanced with the task of evangelizing to others. If we don’t expand the pool of ADA stakeholders, the ADA market will be too vulnerable to manipulation over the long-run. That means the evangelism process is critical to Cardano’s long-run success as a relatively stable currency.
How Specifically Do You Conquer Your ADA Fears? How do you explain to others why they should buy/hold despite such severe volatility? Do you get any interesting responses? I think we can all learn a lot from this exercise; so, I’m looking forward to seeing all your comments.