"Smooth Operator"
Are you guys enjoying the bear market?
I sure do and it's probably the best I ever had... Oh, wait, I only had one since I've got into crypto, but this one sure is a hell of a nice one. What bear market, sir? Some might ask... Didn't you follow the gurus, guys? It's bear market... A multi year one.
OK, on a serious note now, there is no bear market, "there probably won't be one without a blow off top", quote courtesy goes to @edicted, or we might have entered that super cycle, something similar with what gold had after the ETF, or amazon once it has passed the bubble phase of the dotcom era.
The market might act unpredictable and it has for sure screwed most of us predictions, but the mass adoption process of Bitcoin and cryptocurrency as a whole knows no slowdown. Even the Bitcoin fear and greed index is a bit more inclined to the positive side now, with a score of 25, almost 10 points up in a couple of days.
Brazil is considering ZERO tax on Bitcoin mining that uses renewable energy, that coming while El Salvador is in full works on its volcano energy powered mining facility.
You know what else is El Salvador going to do? "Will buy every dip, forever…". That's their strategy, according to El Salvador congressman William Soriano. This tiny and not so significant Central American country is moving mountains, when comparing it to pretty much the rest of the world.
While Europe and Australia is working on enslaving their citizens through all sort of tyrannical covid measures, not so developed countries are paving the road towards a "free digital society". I emphasize on the adjective free, because you can have a digital society that's not free...
Bitwage is announcing that they have successfully conducted the world's first salary payment through Lightning! Well, the question that might arise now is when Turkey, Bitwage? Most of you probably know that the Turkish Lira is on quite a free fall and probably some peeps in that country would accept getting paid in BTC than the shitty Lira, BUT Erdogan has declared war on Bitcoin not too long ago.
If you don't like the "real world" that much anymore you should know that Virtual real estate properties were the most traded NFTs of the past week and you should rush to buy your plot, somewhere nice, as soon as possible, maybe you'll get a nice one near a celebrity, like that guy who paid $450,000 to have a piece of land near Snoop Dogg.
The world is changing and it's doing that at quite a pace. Before you know it, the realm of the virtual world is no longer going to be something outside of what we call "the real world"... Hence, when taking into account all this development and push through in the crypto industry, how the hell would anyone expect a multi year bear market in the near future...
I'm surely not in that category. I don't take corrections out of the equation "all the way up", but no bear thoughts in here. BTC is fine at $50,000 and HIVE is probably just warming up at $1,8. You might or might not have the chance to pick more HIVE at $1, if it will go down there, but you can sure earn some any time. It's up to you...
Thanks for attention, Adrian
Posted Using LeoFinance Beta
