It is getting clearer day by day how we should perceive crypto. This morning As usual I checked the market and I see green across the board. I know it is something good. The fear somehow got dissipated among all players. So far nobody knows the real direction of the market. It seems the course for this year will follow how inflation changes the habit of mankind.
I should say inflation has been a problem for many in the world but this time USA and many of the Western countries are tasting it heads on. Inflation does not bother folks much cause they are the one fueling it with buying nonstop. Even I have no choice but to fill my truck with expensive gas. Otherwise no work for me. Hopefully I will get a break during tax season.
I find it compelling to make sense for two mining companies. Since BTC is not pulling its weigh as it should, they contemplate to sell shares instead of touching their pile of BTC. Since they are a public company they can afford to do so. They have zero plan of selling zero BTC. I guess they see value where value is due.
I can’t imagine why some folks think holding dollar make sense. These mining companies want to have BTC on their portfolio knowing sooner or later it will go up.
This is always the case with crypto. It always gos up the minute you lose your focus and FOMO steps in.
Be cool and hold long term tends to rime gracefully how inflation is weathering the whole market.
Hut 8 and Marathon Holdings know better cause their stocks have a lot to do with their BTC holdings. This is the way, the crypto way.
Who could believe that in 2022?
Even Warren Buffet got exposed to crypto indirectly.
Before you know it crypto will take over the world. It is a good thing and a blessing in disguise as long decentralization primes.
While some countries want to ban crypto, some allow crypto to get involved in all part of the markets. This last big event we called SuperBowl crypto took center stage and we can see where it is heading.
The good news in all of this crypto can become whatever you want it to be.
Asset, currency, you name it crypto stands to not only grow but change humanity for the best.
Before you know it most governments will embrace crypto cause it will be a lot easier to track and earn more taxes in the long run.
They are smart enough to regulate everything centralized and act like it is on our best interest
Crypto is not only on your face crypto is where it should be as long you hold and bring value to what matters to you.
After all crypto is moving forward.