"YOLO: Wake up everyday with a smile on your face." ~ Charles Fuchs.
What's Up STACKERS!
This is the question most "Crypto Investors" ask; Are you Bullish or Bearish on the markets? Well it depends! You can be a Bull one day and then a few days later, a full blown Bear. 🤣
Currently the cryptocurrency markets is tiny and very speculative compared to other investments. The "swings" can be huge and one day of 30% gains can be wiped out in a few hours. In other words, you got to have major "guts" if you investing or trading crypto! 📊
As many of my Steemian friends already know, I've always been very "Bullish" in the long-term of crypto and blockchain technology... however... I started to become bearish in the short-term a few months ago.
Since bitcoin hit almost $20,000 in January, it's been dropping like a rock with tons of false rallies (head fakes). It's great for traders but not for us "HODL" peeps.
The only way I'm going to become bullish for Cryptos is or when Bitcoin itself closes over $12,000, yes i said it... over $12,000 a token. 😳
In my opinion, when this happens does happen... we will see a huge rally that will take "Bitcoin" to it's all time highs and the Cryptocurrency Markets to over 1 Trillion Dollars.
This doesn't mean that you can't make money in the markets right now, you can swing trade in this market but it's still going to be very risky.
I call this the "DCA (Dollar Cost Averaging) Period", we will have many months to accumulate our favorite tokens and stack it high!
So where is Bitcoin going in the short term? Who freaking knows? We can see bitcoin test $7,700, $6000, or if it's breaks that last number, maybe even $3000! 😲
No, this isn't FUD at all... this is called smart investing! Too many people go all in and don't even know what they are investing in, buying into the HYPE and FOMO.
Most of them have that "Lottery Mindset" and "Lambo" Dreams. We all know who buys lottery tickets.... yup, broke people! 🤣
We are currently experiencing a once of a lifetime opportunity. Look as if your buying these tokens on sale every week, knowing that the "Good Cryptos" will eventually 10x or even 100X your money in couple of years.
So are you guys currently Bullish or Bearish? It really doesn't matter because in a year or two, we are all going to be winners.
Keep on STACKIN! 💞
P.S. For those who's interested in following my "Content" and "Daily" Posts... you can just follow me @stackin to get my updates.
