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The 7 Stages of Crypto Grief (Your Therapist Doesn't Accept Bitcoin, Unfortunately)

Posted by Chris Corey on June 19, 2026 - 10:09am


It Starts With Euphoria. It Ends With Memes.

If you've been in crypto longer than six months, congratulations — you've already lived through at least three emotional seasons that would make a soap opera writer weep with envy. We at myCryptoGeek have documented the journey with the clinical precision of people who have definitely not been there themselves. Multiple times.

Stage 1: The Pump

Your coin is up 40% in 48 hours. You are a genius. You have been right about everything your entire life. You text your cousin who called crypto "internet Monopoly money." You do not call your financial advisor because you no longer need one. You are the financial advisor now.

Stage 2: The Dip

It's fine. This is fine. Corrections are healthy. Every asset corrects. You read that somewhere. The chart is just taking a breather. You close the app. You reopen the app 90 seconds later. Down another 8%. You close the app again.

Stage 3: Bargaining With the Blockchain

You start reading tokenomics documents at 2am. You find a Medium post from 2021 that confirms your thesis. The fact that the author deleted their Twitter is irrelevant. You are still in profit if you zoom out far enough. You have zoomed out to the dinosaur era. You are still in profit.

Stage 4: The Community Phase

You join a Telegram group. There are 47,000 members. Fourteen of them are active. Three are bots. One guy named CryptoPhoenix888 says "HODL" every 20 minutes. You begin to find this comforting.

Stage 5: The Research Deep-Dive

This is actually the good stage. You start learning: on-chain metrics, wallet concentration, developer activity, protocol revenue. You pull up Glassnode. You look at the MVRV ratio. You finally understand what a Merkle tree is. Your family has not seen you in four days but you are genuinely smarter now.

Stage 6: Acceptance (The Real Kind)

Markets are irrational in the short term. Cycles are real. Conviction requires doing the work. You're not a trader — you're building a position. You stop checking prices every 11 minutes. You check every 14. Progress.

Stage 7: You Explain It to Someone New

A friend asks about crypto at a barbecue. You take a breath. You do not say "it's like digital gold." You do not mention Dogecoin unless asked. You explain the actual value proposition calmly, clearly, and without grabbing anyone by the shoulders. This is growth. This is mastery. You've made it.

The MCG Crew has been through every stage. We document the journey so you don't have to take notes while spiraling. Stick with us — the signal-to-noise ratio is better here.

myCryptoGeek Crew | Your crypto intel hub. Join at markethive.com/group/mycryptogeek

Not financial advice. DYOR.

Kevin Jacobson A clever and surprisingly insightful take on the emotional side of crypto investing. The humor makes the message entertaining, but the underlying psychology is what really stands out. Markets may run on numbers, but investors run on emotions, and this post captures that reality brilliantly. A great reminder that resilience, perspective, and continuous learning are often more valuable than trying to perfectly time the market.
June 19, 2026 at 11:16am