Yesterday was a bit exciting (yeah, I may be lame as I am new to this) with a bit of a mini bull run.  A 15% increase in Cardano (at some point yesterday when I was writing my previous post), and most of the other cryptocurrency projects I have invested in increased as well. I can't wait until the next sustained bull run!!!

However, am I crazy that I would be okay with the bears winning a bit (not the Chicago Bears mind you) longer?  I am beginning to fully believe in some cryptocurrencies, and as a result, I am slowly buying low in the hopes for a nice long term investment opportunity.

I do not have millions of dollars, or even hundreds of thousands of dollars to invest, but the amount I do have will (if things go as I think they might) turn out to be a healthy investment outcome.  

On to my thoughts on rock bottom. In the field of psychology and specifically in terms of chemical dependency, rock bottom means things are at their absolute worst. Again, I am not a financial expert, but it seems that fed cannot raise the rates much higher, we know we are in a recession (no matter what one might say). There has been two quarters in which the GDP declined in 2022. I believe in facts, not what politicians tell me to think. As all of this appears to be true, I believe we have approximately a few more months before things get better in this space, an in the real world in general.  I believe the bottom is near, but not quite here!

Buy low, hold, and then sell at a profit when it suits you is what I say. Well not really what I say, but it sounds good and it is what I try to do.