Sirwin
Sirwin
Adobe Stock Cryptowriter Branded Image Bitcoin in Fall Leaves

Cryptowriter: A November That Will Be Remembered

By Thomas Wolf | Thomas Wolf's Den | 6 Nov 2020


It will be November, a month that will challenge many emotionally, psychologically, financially, and politically in less than 48 hours.  What is to come for crypto?

Man makes his own history, but he does not make it out of the whole cloth; he does not make it out of conditions chosen by himself, but out of such as he finds close at hand.” ~Karl Marx

From the November 3rd United States Presidential election day between Joe Biden and Donald Trump to a crippled economy, a massive division between American people, and quite likely the fate of the planet on the line - this November will without a doubt be in the history books.  I favor environmental progress and hope to see Biden win and push the USA into the renewable energy sector, which is highly profitable and offers good jobs - this may help restabilize our currently crushed economy.

I imagine some people must be influenced in their investment decisions due to political views, which seems ill-advised.  I can’t help but wonder how Bitcoin’s current pump and the rest of the cryptocurrency market will respond; I suspect the altcoin market is down due to everyone attempting to pump Bitcoin further and cashing out of fear.

I believe that crypto will have a positive response, both for Bitcoin and for the currently tortured altcoin market - my Uniswap (UNI) is taking a brutal beating. Still, I have over three-quarters of what I started with after spending the total profit to hold due to the low prices.  In times like these, people want to rely on alternative sources of income, and cryptocurrencies are excellent options to consider.  I don’t think we will see much in the form of “civil rest” until the election is over.

However, I hope to see some people reduce their animosity towards one another for political views and begin to take the COVID pandemic more seriously and compassionately while remaining peaceful.  This way, we can all return to life without the constant threat of contracting an airborne illness that may or may not kill us and those around us.  Regardless of your views, this would be good for the US economy and, inadvertently, the global economy.

I hope everyone fairs well both psychologically & emotionally and doesn’t let their financial decisions be driven entirely by fear or uncertainty.  We are in unprecedented times, but it doesn’t change the fact that we love and use our cryptos for a reason.  COVID showed gains for Bitcoin after the initial crash, this is somewhat messed up, but it is a fact.  All of this chaos politics will likely cause within FIAT markets may be a blessing in disguise for cryptocurrencies, based on the COVID recovery, that is a genuine possibility.  I plan to hold my ground.

Perhaps it won’t have any impact at all.  People I’ve spoken with in crypto all seem to be very well rounded in their beliefs and have likely thought ahead for this very FOMO.  I still think it will have some influence; what kind is the mystery.  Instead, I’d take a more active role and support my favorite currencies - I say let’s write a history we can be proud of and not let our communities be wavered by inconveniences of any kind.  Crypto will prevail, and remember… when the market crashes hard; it’s one of the best times to invest!

I have a lot of questions for you crypto holders in the community.  Are you going to HODL, flip, wait to invest, or are you waiting to cash out?  What currencies do you think show the most promise of recovery in the final half of Q4?  Do you believe DeFi will wash out with Bitcoin on the rise, or do you think decentralized finance will rebound?  Have politics influenced your investment decisions, and if so, how?

I would greatly appreciate your input on this matter. I would like to feel out the attitudes of people who use cryptocurrencies regularly for better insight into how it may or may not influence the cryptocurrency markets.  I’d also like to hear about your opinions on renewable energy, offering more & better jobs; I can only imagine more well employed tech-savvy people will mean good things for crypto.  Despite being number one in pollution, China is also #1 in renewable energies. There is a good reason for it - it’s very profitable and smart. Why are we not leading the frontier that is the renewable energy industry?

Questions and comments are welcome!

-Thomas Wolf

Follow Me

👉 TwitterVoice

Follow Our Socials

👉 Twitter - Telegram - Instagram

Join Our Community

👉 Voice

Cryptowriter Footer - Latest

This article was originally published on Voice.com


Mynewbanner
My article on grinding to Rank 71 on Cointiply with earning techniques!

Honeygain - #1 Passive earner & My article on HoneyGain Legitimacy

Coinpot.co's Seven Faucets:
BonusBitcoin
BitFun
MoonDoge
MoonDash
MoonBitcoin
MoonBitcoinCash
MoonLitecoin

FaucetPay &  My Top Picks of their Legitimate Linked Faucets:
FaucetPay - The #1 Microwallet Platform
ADBTC - The #1 FaucetPay faucet, check out their Ad Surfing!
DogeFaucet - 1/4 a Dogecoin every 60 minutes
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH - Claim every 5 minutes

FireFaucet - I use their offerwall's paid You-Tube extension to boost levels
FaucetCrypto - An earning/faucet site that pays out small amounts right away
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH - 25 Claims Daily

Others:
Mellowads - Use faucet claims to create free ad campaigns for referrals
TipNano - A mobile earning & faucet App that pays instantly in Nano
Pipeflare - A new favorite faucet that pays in ZCash and Dash Directly
Coinbase Earn - Compound, EOS, XLM

My Crypto Exchanges & Brokerage App:
Coinbase - Receive $10 in Bitcoin when you buy or sell $100 or more.
Binance - One of the world's most popular exchanges.

Robinhood - Free stock worth up to $200 when you sign up and deposit $100.

ChangeNOW - Anonymous, secure, fast, lowest-fee crypto exchanges!

I highly recommend you use Trust Wallet for all Publish0x withdrawals!

Brave Browser
- If you don't already have it, you're living under a rock.

How do you rate this article?

97


Thomas Wolf
Thomas Wolf Verified Member

Independent Researcher & Writer.


Thomas Wolf's Den
Thomas Wolf's Den

This is no place for sheep.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.