Hello!
It's been more than a week since the markets fell, since May 5th, when 1 bitcoin was quoted at USD 39.000, until May 12th, when it reached USD 26. 000, it was a short, dizzying and very dangerous way, even I have to admit it, my faith trembled, I returned to look with affection the worthless papers that represent the Argentinean Pesos, I tried other investment options, but I persevered, I continued to improve in trading, trying new strategies in a bear market and with high volatility ... I learned a lot and continue to learn about strategies, currencies, cryptocurrency ecosystems, projects, but in particular I learned about the logic of market functioning and that experience is invaluable, I think that if I can survive and even make profits in the current context, I can cope with any other type of trend.
Then Terra happened, the fall of a stable currency such as UST, madness and blood followed, I am thankful that I had nothing invested in that project, otherwise I do not think my conviction in this market would have supported it haha, even so against this background, the interesting thing is that the development and institutionalization of cryptocurrencies, as a means of exchange, did not stop. El Salvador made an important purchase of BITCOIN, despite the fact that next year it will have to face the maturity of part of its foreign debt; the soccer club Españyol (of the Spanish league) implemented BITCOIN as a means of payment for the sale of tickets, meals and merchandising inside the stadium; the most important digital bank in Brazil launched a platform for trading.
In conclusion, despite the terrible week for the crypto market and its traders, the "real" world continued to turn around and accept cryptocurrencies in their daily lives, which indicates that confidence in cryptos persists.
Finally, today the price seems to have stabilized, oscillating between USD 28,000 and USD 30,000, or maybe it is simply the calm before it goes down to values close to USD 25,000, USD 20,000 or even USD 10,000 ... there are too many opinions, studies, calculations, but nobody knows, simply this is BITCOIN, a Russian roulette, where if you don't get out in time, you lose ...
See you next time!