Random crypto thoughts...

Random crypto thoughts...

By TwoDogsCaged | TwoDogsCaged | 29 Mar 2024


The first thought that comes to mind today in regards to crypto is that I think SBF got lucky. 25-years in prison is a lot, but he will not serve all of that time, it will be reduced. I mean, stealing billions and only getting 25-years. He is one master manipulator. Good on him and his lawyers for getting a great sentence that he did not deserve.

Another thought, I have enjoyed my  crypto portfolio having grown with all of the investment in various coins and tokens in profit of unrealized gains. With that said, I am a bit disappointed that we did not have a little longer to buy so low. I mean, getting Solana under $25 was amazing, getting Cardano at .24 was spectacular, and getting Bitcoin in the $20,000's was a dream come true for an investor that got into the crypto game within the past two years.  Oh well, I am not buying much if at all on the way up, just my thought, not investment advice.

I can't wait until the Ripple and Coinbase suits are done. I am hopeful for a pro-crypto outcome. I don't think I am drinking the crypto Kool-Aid on this one. I think there is too much info to suggest the SEC will be in the wrong in the long run.  Time will tell.

I have enjoyed the ride on the crypto learning journey. Though it is noticeable that no one really wants to hear about or learn about cryptocurrency among the people I know. I don't know it this is commonplace, but I suspect it is. To be honest, they are in the spot I was prior to finding some interest in cryptocurrency. To rehash for a second, A little more than 2-years ago I was calling cryptocurrency "monopoly money."  Now, I have learned, and it is a valuable part of the world.  

Finally, I am enjoying the literal beginning of spring, and the metaphorical crypto spring that is upon us!

 

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TwoDogsCaged
TwoDogsCaged

Cryptocurrency is a fascinating idea, one that has many confused, scared and dismissive of the concept. However, it also is intriguing and likely a large part of the future.

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