Bitcoin down, we like nothing

By FunFavst | FunFavst | 10 May 2022

Seeing the situation that the main cryptocurrency has faced in recent months (from March 2022 to May 2022), it is necessary to give a point of view on the situation.

I will not be the most expert on this topic, but I will not be the least informed when these types of events occur. In recent years since we know the existence of cryptocurrencies, we understand that the price will always be a roller coaster for some time, except for stablecoins such as USDT, BUSD and USDC among others because they are parallel to the dollar.

It is also known that depositing part of your capital in this digital world produces double risk, also the famous phrase is that in times of decline you have to buy and it is understood that at some point the investment will be recovered. But the trends that it gives lately have not been liked since one found out that this exists. You will be able to see YouTubers and accounts that claim to be informants of this world, with mostly arrogant answers and believing themselves to be "readers of the future" with tones like "we knew that" and "I told you a long time ago that it would come" "don't despair" as if the target audience were people who had time to wait for 5, 10 or 20 years for their balance of, for example, 20 dollars deposited to turn into 1,000-5,000 or 10,000 dollars from one moment to the next, it may or may not happen, but it is annoying to sell click baits that will happen when the future is uncertain for everything.

Although that is not the biggest problem, because in the end they live from it and they must be like all advertisers to hold on to something and in their fortune, they have already made profits for it (or not much, we don't know) which makes reading recent news more uncomfortable reports of the drop in digital currencies is that the cryptos fall due to movements in the US stock market and more first world countries, was not, to my understanding, currency independent of any sudden movement outside of it? Why is it ligated to have this slip?

Also, the relaxed story of characters who speak of "a good time for bears, buy now" if it is good so that those who have high capital but who are middle or lower class and are looking for a new opportunity to grow lower their hopes because millionaire entities decide to manipulate the currencies as many times as they want, a reference to bearish traders who love this climate, what a "joy" for them. But hey, they can laugh today, tomorrow we can laugh at them for having the same or better capital than they have right now.

We look forward to the day when the world of cryptocurrencies does not depend on the rhythm of Bitcoin, one where other currencies such as Etherium, Solana, Bitcoin Cash, Litecoin, XRP, whichever you prefer, take their course and numerical evolution, especially upward movements such as we like it so much and so we don't have to walk with this cloudy digital climate.

Excuse me if there will are any writing problems in some parts of the article, it was written on the spur of the moment, there are things that one must vent because they cannot explain why they do not follow the path that they have sold so much. Whether it goes back up as it did in July 2021 or not, nobody knows because we don't read the future. Should we continue to invest and in our case continue to create content to receive an amount as a result of our efforts on this brilliant page? We will not stop, the war is won by fighting and we will never rest until we reach success, which is why we came here.


Original post in Spanish here OWN AUTHORSHIP:

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