Just because we’re in a slump, doesn’t mean there won’t be a rebound!!! – True. Cycles are part and parcel of the space. 👍
Although crypto has been rather stagnant as of late, I see sharp rise just around the corner. having is coming. BTC has to rise in price or it will not be profitable to mine. – Yeah, I believe the breakeven zone for mining BTC is 6k.
Never say never...people don't get it..we are now in a consolidation phase/Huge ranging markets because price has already move much and earlier compared to 2015 bottom whose rally came in late....and before it, there was a huge range for some couple of months. Then after there ...a steady price increase will come along....and FOMO Will push it even high. We don't need institutional adoption for btc to peak 100k( only FOMO CAN) Nobody wanna Miss the rally don't you😉 – Yeah, the asset class is still hella profitable. 🤑
I am a longtime gold and silver bug with a decent bullion stash. Just getting started in crypto. I am becoming increasingly bearish on world financial system. Meltdown getting closer. Crypto is digital gold now only 2% the value of the worlds gold. Ought to be equal or greater. – Yup, am personally loading up on gold and digital gold.
While cryto is fascinating and it's ongoing development very interesting - the average Joe such as myself can only actively participate in support of positive projects by buying, holding or selling crypto currency. When the market goes into these turgid losing streaks there is no doubt it can affect one' mood. This is inevitable when seeing one' investments being battered on a daily basis. But of course, as the man said - Every cloud has a silver lining ! – Understandable. I would suggest, if you do believe in the long-term value of crypto, to just place in auto buys each month, and just consider it as ‘money lost’, and check back in in every few months or so. That would take away a great deal of stress so you can focus on other income generating endeavors. 👍
I am certainly not losing interest. Admittedly, it is somewhat frustrating at present, but I believe that the next 18 months will see a serious shakeout of the crypto space with some of the eventual longterm winners coming to the fore. – Agree.
I love the space & how it is expanding and developing. – So much has been done the last couple of months. 😉
It is now I am getting more enthusiastic about crypto. I know it has come to stay – Awesome!
Im living in Venezuela , cryptos are the all Venezuelan hope to defeat devaluation – Mann I really feel for you guys… It must be so tough there. 😔
Lately it seems like more and more of this is all revolving around China (from mining, to investments, to CBDCs, etc). A "cashless society" is not something I as an American really care about. It just means more avenues for government surveillance. We already know that the FBI, NSA, CIA, etc are all monitoring the SWIFT network. Not to mention all the hacking, shitcoins, bad exchanges, etc... - Yeah...
I'll never lose interest in this space. Those who do, do so at their own peril. whahahaha. :} I've been "addicted" to crypto since I first learned about it in early 2010. The whole space fascinates me. This is the future. Welcome to the revolution. – Damn straight… Welcome to the new world. 😉
i am not loosing interest.. but i am very cautious in putting anything on new projects.. but i do top up on some good blockchain when ever i have spare find.. like BITCOIN, GRIN, BEAM, ZILLIQA, COSMOS & few more. – oooo interesting picks! Im a hodler of some of em too. 👍