My portfolio is performing poorly and its making me sad. :)

The market right now has shown me one thing. Im being too subjective about the tokens i hold.
Instead of adjusting my expectations to what i know about the market, i hodl. hehe.

STEEM:

Im of the belief that STEEM is extremely undervalued and that it should be up in the top 10 tokens. But i know as well that the market doesnt see it that way. I also know that there is sense to the market nonsense.

BNB is a good example of this. You could say BNB is similar to STEEM in a way, as their price is derived from the attention they get (you could make the argument that is the case with every other token). The difference being the structure of the attention. STEEM community is filled with lower income individuals looking to empower themselves. The Binance community on the other hand is filled with whales, more then any other crypto community.

BNB by itself is not a revolutionary or even slightly innovative cryptocurrency. Its "real" value is low.
BNB can do nothing for mainstream adoption unlike STEEM that at the same market cap could potentially bring in hundreds of thousands new crypto users.

The market doesnt really care though, and i know that...

Take another example...

WLS:

When i just started up on Whaleshares and i was researching WLS it was almost obvious that WLS would go down to 1 or 2 cents. We even discussed it in the COM discord server.
When your token has such a small reach due to being open to trade only on 1 exchange with only 1 trading pair there comes a point when the pool of users that can be introduced to your token dries up. Since over time the current Whaleshares users accumulate WLS and there arent more users coming to trade the token or buy to power up, the WLS price drops significantly.

Not only that, but with such a small market cap it becomes extremely easy to manipulate the market.
My fear is that if WLS remains only on Bitshares we could see prices go lower then 1 cent.

Instead of taking into account all that, i decided not to powerdown my WLS and the small amounts i did i just reinvested it right back in..

I think i need to stop getting "emotionally attached" to tokens. hehe.

Just a few thoughts as always. Most then anything, telling myself more then anyone else that i shouldnt get so emotionally attached to tokens. :D

Ill see you around. Keep on!