Hello all,
I wrote this article in December 2022: https://www.publish0x.com/twodogscaged/cryptocurrency-is-this-the-last-best-time-to-buy-crypto-xozwoeg
First off, I can't believe I have been involved in cryptocurrency for four years now. It has been fun, and it has been a roller coaster. I have been lucky to invest in when things were down, and I am still in the positive so to speak (not bragging, just making a point). I am up on some, and down on others to be honest.
I wrote in December 2022, something at the time I thought was going to the be nest time to invest in cryptocurrency before everything goes up. A that time, everything was a bargain in terms of the get in price. At least other than 10 years ago.
Now, prices are better, except for Bitcoin. The only mistake I made in cryptocurrency up to this point, and it was not really a mistake, it was a calculated choice, was to not buy a few Bitcoin when it was at 15k.
I have been lucky so far to get into it on the way down, not up. I have learned to buy or invest on emotions, and not to sell on emotions.
I have been lucky or studied enough to realize the value of compounding interest, even one dollar in cryptocurrency today, as was the case in December 2022, can be multiplied by the tens and hundreds in the decades to come.
Now, I am not a millionaire, not even close, so my investment has been strategic, has been calculated, and has been of the mind to HODL. I have a set get out price, if it ever comes, where I walk away not generations wealthy, but retirement wealthy if it comes to be. I also know, that I can lose what I have invested and not have to sweat. I call it the investment sweet spot. I am okay either way, but I may be able to live the F.I.R.E. (financial independence, retire early) life if things go my way.
On to the point of the article, I do believe for a lot of cryptocurrencies, this is the last best time to buy in. I am shocked to say it as I cannot believe it. There are so many macro things happening that will lead to global prosperity right now (that is undermined by media portrayal) due to a certain disdain for a man named Donald that is hiding those factors in plain sight. Now, I am not endorsing the man, nor am I condemning the man. I am not all that political, I am just saying I will take W's from both the left and the right.
Here's to the future!!!