Bitcoin Green Easter
After touching 250B on Market cap 24 hours ago, we are finally seeing some positive sentiment and a green pathway to Easter. With bitcoin crossing above 7k we seem to be heading into happy holidays :)
March is almost done and overall it wasn't a good month bringing the value of bitcoin from above 11k to below 7k but with that being said April is coming and hopefully is finally bringing the true crypto spring (pun intended)
I doubt the April sun will melt all of the FUD magically, I doubt the manipulation will stop all of a sudden but as the temperatures start to rise I believe the price of all crypto assets will follow suit. We may not see lambos and moon just yet but we may see finally some fresh money coming back into the crypto sphere.
And of course don't forget in a couple of weeks we are waiting for the huge partnership announcement Verge promised us. Despite all the recent doom and gloom feelings surrounding bitcoin and the crypto world in general I can't help but feel good about having the privilege of being able to get on the train early on. I do believe block-chain technology will disrupt (in a good way) a lot of industries and I do believe everybody who is patient enough will reap the benefits of their leap of faith, but of course I am not a financial adviser and definitely not yours, so if you decide to stay cryptic or jump on in if you haven't yet, do your own due diligence and never invest more than you can afford to loose!
With that being said ... HODL and Prosper!
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Nice write up man. Here is some poor money you can spend on nothing. (nvm im worth nothing lol)
nobody is worth nothing :) Thanks for the comment and upvote :)
The problem I see with the current investor environment in crypto is really inpaitent and uneducated. Crypto appeals to younger investors that are emotional and where 100%, 200%, 500%, 1000% are expected. When there is a red day chaos ensues.
Additionally, most "older" generations are happy to beat the market, which is typically 10-12% returns annually.
This has created an extremely volatile crypto market, this isn't even considering the play that politics and policies have in the sphere.
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Thank you for sharing your insight and yeah I believe crypto being so immature as of yet affects all the is going on but I do believe the future belongs to block-chain or at least that block-chain belongs in the future
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