posted on Aug, 13 2021 @ 01:28 PM
Where y'all at? I hope you stayed the course these last 3 months because it's paying off. About a month ago I gave an opinion that bitcoin, ethereum
and cardano were the coins to hold. Since then cardano has doubled from around $1 to $2. ETH was at a low of $1700 now $3200+. And good ol BTC was
flirting with 30k now 46k.
I was criticized and chided by some members. One actually sounded like he knew what he was talking about, another who had a strange fascination with
tulips, not sure what he was trying to say. He really liked tulips though I gathered that much.
But anyway, hope someone took my *definitely not financial* advice, I know I did
And I imagine if you have been in crypto before 2020 you already are doing well. My first investment was right at the peak of BTC when it was 60k
(oops) but after the crash and crab movement the last 3 months I just accumulated more and now am quite in the green. The month of August has been
insane. I've learned a lot of the basics of investing/crypto in the last 3-4 months.
I'm going to double down and repeat: BTC, ETH and ADA...still massively undervalued. ADA (Cardano) has smart contracts lined up for September
(finally) ETH 2.0 is supposed to debut next year, and BTC is just the king, you gotta respect the O.G. BTC.
Id be a liar if I said I wasn't a little worried about another crash, seeing as it's already happened and definitely possible...but long term next
year...or 2-5 years...it's just a no brainer. Digital assets are the future.
I also expect the U.S. government to try to regulate and ban them out of existence unless the bankers can own them all. In which case I am out of the
country without a second thought. The countries that embrace crypto will be exponentially better to live in. And the direction America is going right
now...yea I'm not so confident it's gonna be that great.
But prepare now. It's still early in the grand scheme of things. It's awesome how you can do your own research these days. Familiarize yourself with
blockchain and smart contract technology. Podcasts and tweets from the inventors themselves. You can decide for yourself if you think it's just a con
or a ponzi scheme. Just buy and hold, ignore the noise and clickbait videos, think long term. Let's see where we are at in 3 more months.