It has been a while since I have posted my thoughts about the cryptoworld. Just this week we saw the biggest event for Bitcoin this year - the hardfork. The most anticipated event that had a surprising twist. Bitcoin gave birth to Bitcoin cash which was made to seem like an unwanted baby... ready to be dumped on the streets.
The market however has a voice of its own. Bitcoin cash actually rallied... and by rallied I mean rallied check out the chart below:
This makes me beg the question. What do we really know? All these technical analysts and chart watching gurus breaking prices down to decimals couldn't get it right. We find that it was more speculations that didn't end up being supported by the market or charts. What I found however was that people who deconstruct the bigger picture were the winners and on the money about BCC.
A lot of the top dogs and smart investors mentioned they would 'HODL' BCC and did it pay off! Sometimes I feel like those that said they would sell instantly are whales ready to buy back at cheaper prices once the asset has been dumped. Although here I am speculating. We just don't know!
One thing is certain although it's impossible to predict markets. This applies for lows as much as highs. People have been saying the DOW JONES Industrial Average is in a bubble. It seems although that it's moving up still. I feel something that people forget is the beauty of TECHNOLOGY! The advance of it is not factored into these markets and it does not have linear growth it has exponential growth. This is the beauty of cryptocurrency and the birth of what I will call the 'next wave'. The high tides are forming and I hope you are all there to ride it to the 'moon' as we say in cryptoland.
If you enjoyed this post upvote, follow and resteem accordingly. I post daily. Tell me your thoughts about the crypto world. As a thanks for reading my blog check out some links below to some free crypto:
FREE BTC - https://freebitco.in/?r=5345367
FREE WCX - https://wcex.co/?ref=q8KiBurF
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