Deep down, I'm angry with ETFs because they tried to sell us BTC as digital gold, as if alternative cryptocurrencies were pure garbage. The reason we didn't have an alt season was because of ETF marketing.
I believe in Hive. I mentioned Steem only because I'm a bit frustrated with the network. I play Moonkarts, and this season I only managed to play one day. The game isn't working, and I don't see any answers to my questions. The bear market has just started, and they're already complaining about lowering project costs. Costs should always be lowered, not just when crypto prices fall.
But that's something we'll surely see in all blockchain projects.
In the long term, the trend is bullish; that's the primary trend. Therefore, it would be a long-term safe haven.
The problem is that each new all-time high generates a pullback of up to 80%.
Imagine $126k; you buy, it corrects because the bear market begins, and if you sell, you lose a lot, or you wait for the price to recover in 3 or 4 years.
Deep down, I'm angry with ETFs because they tried to sell us BTC as digital gold, as if alternative cryptocurrencies were pure garbage. The reason we didn't have an alt season was because of ETF marketing.
I believe in Hive. I mentioned Steem only because I'm a bit frustrated with the network. I play Moonkarts, and this season I only managed to play one day. The game isn't working, and I don't see any answers to my questions. The bear market has just started, and they're already complaining about lowering project costs. Costs should always be lowered, not just when crypto prices fall.
But that's something we'll surely see in all blockchain projects.
I followed a bunch of bitcoiners on Twitter for a while. Most of them called alt coins shitcoins before the ETFs even came to be.
Also, they have other ETFs besides just Bitcoin ETFs. They have ETH ETFs and SOL ETFs.
The problem with the ETFs is people can’t really rotate into other things. Maybe that will change but I’m not going to get my hopes up anytime soon 😅
I’m ok with the digital gold comparison of bitcoin. Like it has a fixed supply and a really strong global network.
But also I just think being Maxi anything is a bad idea and things like Hive exist that have a lot of potential.
In the long term, the trend is bullish; that's the primary trend. Therefore, it would be a long-term safe haven.
The problem is that each new all-time high generates a pullback of up to 80%.
Imagine $126k; you buy, it corrects because the bear market begins, and if you sell, you lose a lot, or you wait for the price to recover in 3 or 4 years.