Happy new month people, it seems just like yesterday we were all wishing ourselves a Happy new year and now the first half of the year is already here.
Six months in crypto is like a lifetime in reality, so much has happened that it’s so hard to keep track of everything. May started with a jolt of highs, then followed with a lot of volatility on the low side.
For some of us, our portfolios have lost around 70% of its value, crazy isn’t it? A friend asked me how I’m still breathing despite the beating......, it’s quite simple, I’ve seen worse, plus I know this is not the end, it’s not like the traditional monetary system is getting any better,........inflation is still at an all time high,...in Nigeria, prices of commodities keeps blowing through the roof with zero hopes of a correction.
At least in crypto, if the bull run really is over as they say it is, then according to the market cycle, the Bear market will once again run its course, all it’ll take is a pinch of patience to ride it out, unlike the Naira that is devaluing to oblivion.
The dollar isn’t that much better off as it gets weaker by the day, the U.S govt are still printing money(brrrrrrrrrrr) for several reasons, first for stimulus Cheques, with the latest news about the $6 trillion budget pump to prop up the economy. I’ll take my chances and stick with the cryptos.
So what does June have for us?
According to history, June is either a mirror of May or July and as we know, May wasn’t much to write home about while July usually sets off the signal to the summer Bull run, so depending on whichever side of the spectrum we fall, we move! We keep building, accumulating and holding down the forte.
https://twitter.com/documentingbtc/status/1399772102950068227?s=21
- documentingbtc
I came across this video on Twitter, this is like the most important video for everyone who still doubts the efficacy of what we are fighting for, our freedom.
Thanks for reading folks, may the cryptos be with us.