Life in Nuke Town
One thing that keeps me on my toes in this crypto industry is knowing that no matter how bad it gets, it could always get worse. This singular fact has been the basis of many decisions I've made and numerous regrets but do I actually ever learn?
Living off crypto has been quite the adventure, I must say. For the most part, it has been profitable and has enabled me to afford decent quality of life in Nigeria but it comes with a lot of heartache.
When people ask me what I do for a living, I tell them I strive to make good decisions. As much as I'm a freelance writer and earn from blogging, most of my income is dependent on the decisions I make with my earnings.
There are so many investment opportunities to pick from on Hive and beyond but one thing they all have in common at this moment is that they're all getting the beat down. I'm not even sure of what the agent of FUD is this time around but I know everything is bleeding.
Spooked? Me? Who said anything about being spooked? No, I'm petrified, spooked is an understatement
My inner thoughts have been ringing aloud, telling me to diversify or at least give myself a chance and each passing day in crypto town points me towards this direction. At this moment, the plan is to relocate and so, pretty much all my investment will be geared towards this move.
Moving to the UK will enable me and my wife to earn a different source of income. While there, I'll be able to reverse my crypto activities by putting in, instead of pulling out.
Nuked
It has been a while since I saw the crypto market at this point but such is the disaster we call the market. Bitcoin is below $27k and to make matters worse, Hive is well below 40 cents for the first time in months.
At this point, it is safe to simply just write off this year because I seriously doubt we will see a yearly uptrend in the market. Yes, we're not even yet in the halfway point of the year but the signs are pretty glaring, if you ask me.
@acesontop boldly predicted that 2025 will be a good year for the market and well, we'll have to wait and see. Once our relocation is complete, I'll do like @taskmaster4450 and stop caring about the numbers in the market.
My long-term goal is to throw my weight and resources behind projects that I fancy, without caring about pumps or dumps. This will enable me to focus on projects that create value and stop caring about chasing the next pump.
Posted Using LeoFinance Alpha
@acesontop is full of shit. Otherwise he'd be a millionaire by now :))
Miners seem to like the new Ordinals BRC-20 tokens inscribed on a single satochi, as they create higher transaction fees.
The Bitcoin maxi’s don’t like it as isn’t ‘pure’ or something and generally people don’t seem to like higher fees on Bitcoin
The FED is still trying hard to destroy the economy because of inflation.
I think they’ll keep it up until late in the year, at which point they will drop the rent even faster than they are raising it at the moment.
In short, debt growth is faster than gdp growth in most countries, so all that matters is the rent on debt.
Millions of people will loose their jobs over this.
It seems Living in UK only guarantees quality life style. Even the economical situation in nigeria is nothing to write about.
BTC and Altcoin prices is also giving investors a hard time, the whole situation is complicating and messed up. I just hope we overcome all this in due time.
Wishing you safe trip
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.