Web3 is the future or something like it. Crypto will be ubiquitous because we do everything online nowadays.
4/ Our CEO @garyvee recently stated, “the ‘consumer blockchain’ will be the single biggest technological shift since the invention of the internet.” 💡— Vayner3 (@Vayner3) June 15, 2022
The Web3 genie is out of the bottle, and while this technology will adapt over time, there’s no going backwards 🧞➡️
BTC went from sub $1 to $69k and is now at $18k. It crashed as often as it has had bull markets, Why are people even in this space when they think it’ll go to zero the moment we enter a recession? Regarding full-blown bear market, it’s oke. It’s cyclical, there will be another bull market phase.The question is always - when?
All the same, even if there was no market crash, I still wouldn’t touch my core coinstack unless we reach the desired price. I will hodl BTC, ETH until an obvious market top around $100k (need 10BTC stash) region even if it takes another 2 - 3 years. At ATH, you need 14.5BTC stash. Make this a target.
You SHALL regret selling too early, regret selling too late. Though come to think of it, nobody can truly sell or buy crypto at the right time. Be glad you are not James Howells who threw 7,500 bitcoins into the trash. The only takeaway I can think about all of this is realizing how truly lucky I really am. I didn’t lose any actual capital. 90% of the tokens I hold comes from bounties, airdrop, or mining; not from purchases (NEO was the last purchase). I remember investing around 600 US dollars…. That’s it, out of that came hundreds of thousands.
At first glance, you have now a garbage collection of tokens. Buuuut that’s the problem… You see it as a negative (the trash tokens). You shouldn’t; because out of the many trash tokens you have, you had hidden gems. You sold Dent which you had used for an expensive IVF procedure (an amount that will at least take two years of saving). You made eight years worth of salary in ETH from less-than-three-months promotion of CrowdMachine in 2017. And some of your tokens may still turn out to be a sleeper (Update Nov. 20, 2022: Sold all SONM tokens for a whopping 57x or $53k). All that “hard work” in 2017 paid off handsomely with just your ETH rewards. Forget the others, although some still have moderately huge value.
You can’t win them all but believe me when I say there is no amount of freelancing work that could net you the amount you made in crypto in a year’s time (Update Nov. 20, 2022: I made 5 years worth of freelance salary in one token dump). I chose the right path. Count your blessings, you still got lucky, no regrets.
MOVE ON from your garbage coins and extract what little value they have now and then TRADE THEM WITH NEWER ALTCOINS. Bring back that old value altcoin hunter in you and make 10Xes profits again.
Don’t be sad, just man up, have guts and do some margin trading! We just try our best to profit from trading. It doesn’t matter if bear or bull, as long as there is volatility of a thousand dollars. We can be rich by doing intraday trading Bitcoin.
And you can still bring back the Mintpal/Poloniex days of glorious altcoin trading, it’s a skill you never lost. In fact, you used to do 2Xs minimum in altcoin trading. Just do it again. And do it fast in time for Bitcoin’s next bullrun. Do what you do best and spot the trending coins. Also, always practice making 500 pips minimum per trade and record bad/good DCA ratios.
This trader is an inspiration. He made it all back and more.
After the 2017 bull run I bought many coins too early and my remaining Kucoin portfolio dropped more than 80% in 3 years.— crypto bullet 📈 (@SilverBulletBTC) July 15, 2022
At the End of 2020 I said fuck it and doubled down.
In 2021 my spot portfolio did a x270.
Fortunes are made in bear markets.
Another guy I’m envious of. Jesus Christ! Even got liquidated three times!
Finally reached over $10m net worth 🔥— Rasu 🦇🔊 (@rasu_eth) December 5, 2022
Started with 1 $BTC two years ago, got fully liquidated 3 times.. Time to build my mum the best house ever 💪
Feeling so fulfilled I will giveaway 25 $ETH to random anon who like, retweet and follow in 24h (not joking)! pic.twitter.com/emcRJn2aV8
He’s buying altcoins now.
The risk of starting to scale into long term positions is low.— Rasu 🦇🔊 (@rasu_eth) December 3, 2022
Not saying we’ve found a perfect bottom, but if you’re still here now you’ve survived the worst, and will be in the minority that’s stuck around and paid attention.
Starting to scale back into alts.
ARK Expects Cryptoassets And Digital Wallets To Command Nearly $50 Trillion In Equity Market Capitalization By 2030
Polkadot, Solana, Cosmos, Terra, NEAR, BSC, Avalanche — Other blockchain networks that garnered at least 5 investments in their ecosystems include Avalanche, Binance Smart Chain, Cardano, Cosmos, Flow blockchain, and Polygon.
The largest raise from one of these social networks included the social media platform DeSo (formerly BitClout), which raised a total of $200 million during its token sale to investors, including Andreessen Horowitz (a16z), Coinbase Ventures, and Sequoia. Other open protocols for content and social media that received funding included RSS3, Solcial, Torum. Similar to social networks, other protocols that support streaming like Livepeer, an Ethereum-based streaming platform, secured a $20 million funding round led by Digital Currency Group during the third quarter.
The growth in the NFTs/Gaming sector has led to interest in data storage solutions like Arweave, as one of its primary use cases to date has been storing the metadata content of NFTs (image, gif, video, or sound).
Bitgert (BRISE) and Avalanche (AVAX) have continued to feature in the list of crypto coins to watch this year.