BTC AND CRYPTO: Then and now
image from pixabay.
Adoption is here.
thoughts circulating my Brian.
Easy to full out the above statement. The road to success in crypto is not a straight path, right when you think life changing money is on the way everything flips, soiling all your investments. In other instances the playing field changes so fast that the advice that was relevant in what seemed like a bill market and had you making some change on your investment wiped out long before you can take profit, that you where singing to your friends about. Suffice to say it’s the process that makes you an outstanding investor. Your experience toughens you up and new developments take you in.
Talking about new investments. Main stream money has been flowing into the markets like crazy from the time the Spot Bitcoin ETFs where approved. By the rumor, sale the news was the story we all told each other right after they ETFs where approved( that was the case). However, the trick was looking at things long term, this institutions have market moving money. Sell off pressure from GBTC alone affected the market. At a time when everyone decided to step back and started waiting for BTC to hit another low. Before we know it the price of BTC is suddenly at a height we have not seen in a two years. Well if you have never taken DCA in to the markets seriously I think this is the time. My gut feeling away from everything the market is saying. An all time high is inevitable and this time we are going to high it at levels people will think we are crazy to mention.
A headline that has got my attention ETFs are buying 12.5% more BTC thank the network can produce imagine the FOMO this would cause of a traditional bank was offering this. Retail money does not move markets, institutional markets do and they have an insatiable appetite they want to make up for all the times they missed. They know very well what kind of green candles BTC can put up and they want to get that before Regulation stabilizes the markets and bill runs become normal.
All I am saying is me dreaming of what I would like to see in the market. But the level of scarcity being made created, through the purchasing power of these deep pockets. When applied to the lows of demand and supply. Prices will go up because of lithe luck of product on the market. My emotions are starting to kick in, de desire to ape in the market that I have managed to quench for a long time is been tested at the moment. My fear is, waking up one day and the train is at another level a level you can not get to as a retail investor. I am feeling like this is a now or never moment. The locomotive has started and the coals are getting hotter by the minute.
Is it time to get ready and look for now opportunities or time to put everything in BTC and into an account that’s not staked. This is the time you begin wishing you where a finance advisor or the degenerate who plays that careless move that lands you on another part of the moon.
How one gets ready for this environment is heavily dependent on the investor and there knowledge coupled with their experience in the market. All in all interesting times are ahead of us. Do not forget to have fun in all of this.
Posted Using InLeo Alpha