Another Bite Of The Cherry
I have to admit I have not been paying much attention to the Bitcoin price of late due to travelling and seeing the price today all I see is opportunity. What we are seeing is not bad news besides the 4 year cycle guide or cheat sheet we have been following being screwed up and need to find another guide. The problem is many people are getting rekt and are looking at crypto in the entirely wrong way.
The 4-year cycle doesn’t hold anymore. Bitcoin now moves with macro liquidity and institutional flows, not old miner-driven patterns.
I tend to agree with the above sentiment and that the next peak of the crypto cycle is expected to take around 5 years 4 months. If this is indeed true then we are looking at a new timeline of somewhere around the end of next year. Who knows if this is even correct as we are now all in the dark.
If Bitcoin crashes heavily which is what happens at the end of a 4 year cycle then we have some type of confirmation, but I honestly do not see that happening and this is just an extended cycle and is nowhere near done yet. Most of the altcoins are down and where I am looking seriously down which have never really moved in an upward trend for the past year. When was the last time Hive twitched upwards via a pump or two as it has been so long I have forgotten.
The really good news and I definitely see this as a positive is we have more time to grow and accumulate which will ultimately mean we should be worth more when the time comes to sell. Many of us have been in crypto for many years so what does an extra 12 months or longer really matter. The time lines of those who were desperate have been turned on their heads and this is just an easy quick reset and time to move on.
We can build and accumulate so much more crypto each month and not much has changed over the last 3 years. I had given up on growing my VET and VTHO stake due to running out of time and now whilst the prices are down can achieve those initial targets I had set a few years ago. Next year in January CBAM goes live and when I am back in Johannesburg later this week will revisit the VeChain stats and see if anything has changed. At some point those transaction numbers have to start trending upwards and gaining strong momentum through a genuine use case.
I am actually quite chaffed with HIVE having stayed above $0.10c and is actually looking quite resilient. Anyone selling HIVE at $0.10c needs to have their mind read as the upside is massive once the market turns. We are all fortunate being able to earn HIVE and this is the ideal time to knuckle down and grow. I thought by now I would have powered down already to convert HIVE for HBD on the internal market and that does not look like this will be happening any time soon which is also good news.
Posted Using INLEO