We just entered stage 2, and wether you like it or not:
Bitcoin is flirting with all time high
Mid mCaps keep losing dominance
Alts bleeding like crazy
Memecoins are 2-3xing every day
It's on, we are officially on a bull market
Tip: Diamond hand your alts or you will start this stage with the wrong foot.
We're flirting with BTCs all time highs, we're basically reviving from the ashes. We're still exhausted from the bears lasting so long, perhaps the longest bear market so far, and I personally still have PTSD from these 3 years and all the rugs and scams I endured. But there is now hope in the horizon, although the market claims them for itself rapidly, new narratives come out but they fade quickly - just like socialFi, which died after a few months of bonanza.
The media and the normies are still talking about Luna and FTX without realizing that we're already pushing through all time highs, coinBase is still a top 150 app on the appstore.
Prices are quietly recovering. Our bags from the last run that we didn't sell and then went down 90% are trying, striving to recover and if you picked correctly they might be up 5x, but that means nothing when you're still down 50% off the high.
The bear market is officially over. Your coins are eyeing those all-time highs, some have even blown past them. Everyone in crypto is on the same page - we're in a bull market, even that cousin you brought in through some meme coin. It's kinda funny; but there's a caveat: your normie friends aren't hitting you up yet.
You're in this weird mix of pumped and nervous. Your crypto stash is growing, but you're feeling like you need more. Your company is hiring, and you're back to ordering guac at Chipotle. Life is good, all your crypto buddies are winning. It's the calm before the storm.
Now, onto stage three: Euphoria. Everything you got is breaking past those all-time highs. Used to be a new story every week, now it's every day. The private market is going bonkers. VCs are throwing around crazy funds without bothering with due diligence. Every week, a new company is shouting about their $100 million raise. We're mainstream again - Forbes, Bloomberg, CNBC, they're all about crypto. And then things get weird.
Fortune 500s are buying Bitcoin, athletes and artists are jumping into the crypto scene. Everyone's thinking this party will never end, delusion is seeping into decisions.
And that brings us to stage four: Disconnection. Or as some call it, Insanity. Nothing makes sense anymore. You got more money than you ever dreamed. Your friend, who knows zilch about crypto, launches a token and becomes worth hundreds of millions overnight. A crypto person buys a sports team. Justin Bieber is on some decentralized social platform. Crypto companies are burning billions on marketing. But guess what? It's not real.
If you're not careful, your swagger and laziness during this stage might make the next two years a bumpy ride. So, buckle up, the next 18 months will be a wild ride.
Enjoy the highs, take a breather when it gets too much, and let's build generational wealth 🫡
Posted Using InLeo Alpha
Remind me to convert to HBD at the peak!
My thoughts exactly. I'm staying in Hive ecosystem, everything I earn here is staying here, but im gonna do my best to work this cycle.
Yep, gotta put our money to work
you and me both 😂
im sticking to hive as well. Ive still got a few random bits left over from the last bull, but I aint straying from the hive path this time. too much stress. Besides....it doesnt sit comfortably for me that if i profit off a moonbag it might be at the expense of someone irresponsible who loses a lot of their money. I want to be part of something that empowers us all as a community and makes our lives sustainable and truthful, not delusional gambling. Hive is an opportunity to build a life whether the coin value goes up or down.
I'll set a reminder at the top xD
That is the plan. I want to have 200k HBD by the end of this run, we will make it fren
That would be sweet!
Being part of a club like Hive, which is relatively 'quite real' is helpful and can also be quite confusing at such times. From here it's much easier to spot the fakeness a mile away, but we can also get caught up in the overall momentum and not realise that realness gets eaten up by fakeness' bravado too if it doesn't learn to keep a bug-out bag and fast routes to retreat to the wildnerness again. lol
The last two cycles I didn't take profits from the table and that was a mistake, my plan is to make enough gains to make Hive a real passive income that can actually support me on a monthly basis, while spending time with a real community like ours
LFG!
Lesgo jonfren
I'm very happy today, and looking forward to a broader adoption of using crypto currencies of all kinds.
Every positive thing is on the side of a bull market in crypto. I regret taking a big profit around 61K in Bitcoin. Impatiently waiting for the time when BTC swings in a small channel while alts have a party ✌️
Let's get Bieber on Hive lol. This is looking to get real, just wish I had more invested, but everything I've got I owe to Hive (well, steemit started it for me but obviously I'm here now). I'm keeping everything I earn here in the Hive ecosystem, and if some of my memecoins or alts go lunar I might even be pumping up my Hive power.
haha and don't get to greedy that's for sure
Greed will kill us, im ready to not be greedy, I hope I can stick to the plan xD
You can do it. I can too I've learned my lesson last bullrun xD
I'd like to hope that this phase we're in, and going forward, will include a greater acceptance of USING crypto, as opposed to just being another round of "pack your moonbags."
Personally, if the markets really do go nuts over the next 12-18 months, I'll be going back to my coin collection (gold and silver, not crypto!) which was put more or less on hold when everything tanked in 2018.
=^..^=
It's on like donkey kong! It's pretty wild to see us at ear ATH already on bitcoin. It makes me wonder when this things going to start to sputter out or if it will?
And its not even the halvening, things are going to get wild as fuck man
That.
I am about to cycle to the nearest river beach, to spend some time in nature and dip my feet in the cold water.
Touching grass is the root solution to any online issue haha
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