It has been easy for many to comprehend the patterns created by cryptos months after months. It is Summer. It screams vacation for many. It is hot in some parts of the world while other areas are cold. Nevertheless life is cruising at the same speed.
You may not be able to follow all trend really close the spectacle is the same for the 12 months of the year.
It is not surprise with the huge swings in price lately.
After all it will be impossible to project a positive phenomenon every time.
The liquidation of crypto this month proves to be a headache if you are trading crypto. It affects directly $BTC and #BTC Cash. When the markets is flooded with a product, inevitably there will be a selloff. I am surprised the swing is just around $50k. I was thinking it will drop further, alarming the weak hand.
Opportunistically accumulation has found its moment. Hope you have funds to spare cause it will continue for the foreseeable future.
21 million BTC sounds a lot today. Even owning 0.1 BTC looks pricey for some but it is still affordable if you are serious to hold and for now and forget. I was playing with number with $HIVE the other day. Now I stopped focusing on the daily price. Just keep on accumulating makes more sense. Owning one million Hive will cost you in US dollar a whopping $198k. It is something to think about.
Due to inflation on the system, you can see how it moves in your favor.
This year seems strange with crypto in mind. Fortunately there will be one 2024 and then speculation will take place. I can't wait to see the trend for next year. I think $100k a BTC will wake up a lot of folks. I am not talking about the same naysayers. I am talking about big movers, folks that can change everything the minute the real event shows up.
While crypto appreciates volatility, it has been stable according to its lengths. The price you see today is the price it was meant to be. The market tends to correct itself the minute the risk is too tight. While it is happening, many are scooping what you left behind.
I managed to do exactly this aspect the minute I see #Hive is "bearing"
Accumulation is a long game only the cool head can play.
I see it from all angles.
I wish I can go back and replay this part.
The cool part with crypto it is never too late to start. While I am thinking about crypto, I did purchase some stocks couple years ago. I was on the negative in the four figures. I left it alone. I looked today it is coming down slowly. Not entirely the way I want but my loss looks minuscule prior to last year.
Better be in the game instead of a bystander.
Just have to imagine yourself and calculate your risk.
There will be risk otherwise why bother.
I know it is going to be a long journey. The time for quick rich may already pass but having fun and be consistent can prove to be a game changer when your allocation is well balanced.
I wish to hold 100k leo. I did it once, why not again.
Hive is a long journey. It is much better when you are consistent and stay plugged in.
Looking at this graph and knowing what is coming, it will be interesting for crypto.
What do you think for August? The last two years it has been really red.
September is no better.
October looks promising. November and December of 2024 will be special for many reasons. You can see for yourself. By the way it is really hard to predict what will come. One thing is certain we are moving forward where fiat is no longer a viable solution.
Crypto is paving a path that can change for good the way we all see the use of money. We all want control. We taste it and it makes sense. This is what crypto offers
Flip it the way you like.
I know you are a winner.