Bienvenidos mis ositos, tu siempre eres mis queridos! (Welcome back little bears you are always my dears!)
These days researching crypto and investments in general can be a real slog. Sometimes I need to turn on some music to keep me from falling asleep. I find that Motorhead gets the ol’ blood pumping when things get boring or dreary.
I’ve always wondered if my favorite rock bands would support crypto. I’d like to think that they would.
In the ol’ days when the US was entering the Industrial Age the tycoons of the day would engage in “the great game” when business competition was fierce and ruthless.
The Game
Fast forward to today, history repeats itself in the digital realm. Different blockchain and digital assets bludgeon each other for supremacy.
And this was before the markets had been Killed By Death!
2022 was a bloodbath for both TradFi and DeFi investors. The Federal Reserve and other central banks finally woke up to the problems of inflation. The money printer has been turned off frens. Looking back I wish I had committed myself more last year.
Everything seemed great in 2021.
Bitcoin was the crypto version of the King of kings
Bull markets make us feel great. It seemed liked everybody was making money. Then it made us feel smart and maybe a bit too smug.
Oh what you thought you were the Ace of Spades?
Nope, now we’re just a bunch of jokers.
But at least we’re all a bit wiser. During the next bull market we’ll make sure we take more profit. Maybe we’ll even hedge and make some money by shorting. We will have learned AN adapted.
Do you want evolution to be your solution? Then you better draw a
Line in the Sand
You better find another source of income to stay afloat until the next cycle.
I’ve mentioned this before but the populist politicians want a scapegoat for the mess that THEY created! They will renew calls to:
Eat the Rich
You might not feel rich but when the government wants money, do you honestly think they will stop at the billionaires and the millionaires?
When our digital asset portfolio died, it wasn’t for nothing. We went back home, licked our wounds and went back to work.
It’s not fun but if you want something amazing, you have to know how to
Sacrifice
It might not seem that way but there are devs that actually care. As we speak they’re working their butts off to create a better digital future. After the dark clouds go by we’ll get to enjoy
Another Perfect Day
Hope this post wasn’t Overkill
You know at some point the bull market will return. When the time comes we’re going to stomp the bears. You know why right?
We were Born To Raise Hell
Obviously none of this is formal financial or tax advice. You need to find qualified professionals in your jurisdiction.
Be sharp, stay hungry let’s get that money!