Happy #thankfulThursday you beautiful crypto-bastards.
CryptoLand Bubble?
My nuts-kicking pain over missing the BTC train a few years ago intensified lately looking at ETH. Seeing Ethereum ride the train to the hundred bucks wagon got me double-nut-kicking. I missed yet another train and I shall not let another one go. Which I didn't, i got myself some Litecoin in its last dip below 10$. I am one happy camper now and this action surely puts some band-aids over my previous BTC/ETH wounds.
But, here's the thing.
Now more than ever there are coins and ideas and ICOs and pumps. And it feels unrealistic, and it most probably is. When it walks like a duck, quacks like a duck, you know.... it will dump.
End of last week and all this week I had a strange feeling, a feeling that something is going to happen, something is going to maybe burst (pun intended. Too soon?), the markets seem to have gathered some fatigue, especially since my altcoin portfolio USD value also dropped by 15% roughly, while BTC has has broken top after top. Something's up and even though I'm not the guy to give financial advice, I will be taking profits off of alts (whatever they may be), maybe selling 90% of all bags and keep some just in case of serious mooning.
After you sell, don't look back.
Seriously. After you sell a consistent bag, don't check the market for that coin for a week or so. It may be it'll go down and you made the best choice, but it could also go up and you get a bigger hammer to smash the finger that pulled the trigger. Just pretend you don't care for a little while and enjoy enjoying the profits.
What to do with the profits? Maybe get some real gold. That always makes you feel better.
Wendy’s Shares Hit 10-yr High
For those of you living under a bitcoin rock, something's up that refreshes our anything is possible even if you are a nobody life goals.
Wendy's are quite famous for their funny roasting tweets that have been going around the interwebs for a while, and a few months ago a guy name Carter Wilkinson decided to be funny as well:
Obviously you should never underestimate the internet, but in this case, this was seriously funny and a few months later Carter got his nuggs. He didn't reach 18 mil retweets but he now has the most retweeted Tweet of all time, going over Ellen's selfie with a bunch of Hollywood superstars. Link
The result?
Well, whadda ya' know. Wendy's valuation is above market expectation and this is clear to show that Social Media has the power to bring people close to your brand. You just have to be bold enough to let the cool people have their way with it.
Steem(it), destined to make a dent in this world.
Highest rewarded transaction in a crypto blockchain anyone?I challenge you! , you goin' down buddy
Russia's U-turn to like cryprocurrency?
If you've ever been to Egypt you'd know they are not fans of Traffic Lights (they may not be the only ones). Their roads a full of U-Turns and in order for you to get to one place sometimes you need to make long detours.
Last year Russian institutions announced that "people trading crypto could be jailed", yet now they are creating a bill to legalize it? Crazy fam! Shoutout to our Golos bretherns! Good timing boyz.
Hodl on, but why?
Aparently they are fighting currency pressure for a few years now, they need to reduce corruption and they also want to incentivize the banking sector so you know, they don't close down (100 banks closed in the past three years) and also, no banks no liquid fiat moving around, which is bad for crypto-muggles I guess.
Read more on this here but the same trend is already picking up steem (get it?) in Japan, India and many other places.
Thanks for stopping by to read my ramblings and enjoy the rest of your day! Steem on. I'll leave you now with:
Today's disappointment:
EOS will not be sharedropping anything to anyone. Dan has been revenged.
*Please note that my posts here are NOT investment advice. Any investments you make are fully your own responsibility. NEVER invest more than you can afford to loose.