Look if I don't want to trade how can I compound relatively 'stable' interest? Well CUB of course! Sure some like me bought in at $11 USD $5USD $3USD and even bottomed to about 0.50 cents. But you know things are all relative! As BTC has gone down, my measurement in owning BTC has gone up with my DCA (dollar cost averaging) into CUB.
Bitcoins story so far:
Resistance, Resistance, Resistance
Crypto Zombie (K-Dubb?) is actually refreshing to watch in terms of his macro and micro outlook on Bitcoin. I really enjoy his video's and you should hit his video's up. Will there be buyer's at $24K levels for Bitcoin? Look the technicals are saying things are going to the downside. Could this affect CUB price? It's very possible. In any case I will still compound my earnings as my plan is to grow and HOLD.
Here we have a decending triangle with a long bear market (that brutal 2018), but past performance does not guarantee future results. Longing and shorting are for those who gamble. If you believe in fundamentals you can play this as a HODL game, or a defi game.
The question is simply this:
Do you think Bitcoin will die this time around? If not, stay the course. I didn't hang around crypto blogging sites since 2017 to see it branch into DEFI, NFT's while Bitcoin is just so boring but going parabolic and crashing.
Macro views, governments will keep printing. The card houses will be pumped, and crypto's along with it. I have never seen a government demolish it's base only for pitch forks to come after the ponzi schemers. If you cannot destroy the system; use it to your advantage.