Well, it was election day, here in the US of A!
I didn't really follow along in any of it, but I was privy to no shortage of the general madness, as the phone kept ringing with political candidate messages and encouragement to vote.
I am not entirely sure how that makes sense, here in our state... because Washington is a "vote by mail" state, and I'm not sure you can even vote in person anymore.
But hey, they all have to do what they have to do.
Even had a few people come to the door... that hasn't happened in a long time. Ah, the quiet bliss of Covid...
I used to consider myself somewhat "civic minded," but I'm not sure how much I care anymore. Most of the time, it seems like the candidates are "much of a muchness," regardless of which party they represent... perhaps with the exception of a few "firebrands" who succeed in stirring the pot, while having very little sense of how a government runs.
I know it's de-rigeur to hate governments around here; I'm not much for corrupt politicians, but I don't really have that much aversion to "governing bodies." It's probably the result of growing up in Denmark, where people have more faith in the notion that governments actually serve the people... not just themselves.
Crypto Meltdown, Version 2022.11...
Meanwhile, the crypto markets took a short walk off a tall cliff today... a reminder that we are still living "on the wild frontier" where pretty much anything can happen.
In some ways, it all reminds me a bit of the infamous "dot-com bust" of about 20 years ago: Whenever something bad/negative happened with one of the world's former "high flyers," pretty much everything got "taken out behind the building and shot," whether warranted, or not.
Stormy waters...
Ironically Speaking...
A couple of days ago, I determined that we were "scraping bottom" so badly that I decided to start withdrawal orders for some of our HBD in savings.
The ironic bit that almost immediately after that decision, crypto values went in the toilet.
Actually, the truly ironic bit is that the last half-dozen times or so I have determined the need to sell some savings or liquid rewards for fiat, the markets have nosedived immediately beforehand. You could almost set the "clock of market declines" by when I decide that I need to sell something.
Silly, huh?
And no, I don't believe in the whole "being cursed" thing... although I did have a great-great grandfather who was pursued by great "external calamities" pretty much every time he struck out in a new direction, as a businessman.
In the end, I have now decided that it is actually cheaper to just fund our lives with credit cards — much as I am loath to do so — in the short run, rather than take a sudden 20% "bath" on selling the crypto.
(insert sarcasm) Which is probably an indicator that we're in for a prolonged sharp down market...
But enough about that! It's late and I need some rest. Thanks for stopping by, and have a great remainder of your week!
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Created at 20221109 00:58 PDT
0683/1929
Definitely give us a heads up when you decide to sell!
Posted Using LeoFinance Beta
I'll keep you in mind, so you can place your short orders!
Lool an oracle is an oracle.
Posted Using LeoFinance Beta
Yeah, one of the facts of life I learned a long time ago... "meaningful correlations" and "signs" can be both positive and negative.
OH! Now I know why the value was in the toilet this morning, it's all your fault! LOL I hope you aren't right about the prolonged period...
I know, right? Mostly, I just find it amusing, now... I'm a numbers geek, so I "track" a lot of stuff, and this has become a correlation that's obvious enough to be noteworthy. It's is, of course, non-causal, but perhaps it does say something about the general financial ebbs and flows of the world... that down markets aren't just about traders FUD'ing, but real people caught in a downwave in their personal financial cycles...