Hi all, crypto sludge here.
What a day ha? The markets are bloody , red and salty, almost everything took a 20% and up hits.
I really don't wan't to go over all the FUD and bullshit i saw today, i want to try to focus on the good things.
Except price, nothing changed., 1 year ago it was 10x less. The technology is still here. The idea is still here.
I am actually very happy to see Alts dropping in price vs BTC (specially bcash and XRP - I guess not Flippening ha Roger? LOL).
On the up side BTC got tons of awesome stuff on the horzion
- Segwit gets adopted more and more which will lower TX fees.
- LN is rolling out already on Mainnet
- Privacy focused changes via TumpleBit and ZeroLink
- Sidechains
- Schnorr signatures
- ETF's
- Decentralized Exchanges
Lunar New year. basically it's the Asia's X-mas. People are cashing out to buy presents, plane tickets, train tickets you name it, we know how strongly the BTC addoption is in Asia, so we can't be really surprised to see them cash out a bit.
its actually funny, but BTC has dipped in the last 4 years on January as well.
So don't worry, even if we are entering a cold winter, it doesn't matter. The technology and the idea BTC stands for - to change the world and give us back our financial freedom is still here and it's stronger then ever. By the time we finish, we won't give a fuck about the BTCUSD price, because we could simply use BTC to pay for the things we want.
So to all my Crypto buddies all i can say is :
AND!
Watch the markets, If you start to see and hear people REALLY start to panic, consider to buy in!
At time like these is when the REAL gain's are made - when you buy the blood off the streets, not when you FOMOing with the herd, i know i got a bag of fiat ready, and i am looking for fire-sales :)
Trade ON!
Crypto Sludge