Crypto is no longer free from institutional pressure. The last few years of huuuge wealth making price jumps definitely drew in institutional type investors and companies. In order to manipulate the market overall was the plan.. AND IT WORKED FLAWLESSLY . WHY the fugg would we see a crypto sell off BEFORE a stock market sell off? Because the institutional money is shorting ALL crypto before they begin the collapse of the Old World market. This is my take on it. My plans? Keep On Keepin ON! Sell wehn you can..powerup when you can and take profits. VBUY real world shit you will need in the very near future that is coming of absolute economic turmoil. Take advantage of the ability to EARN will I can is my plan AND ADVICE.
RE: As BLURT falls another 50% today I wonder what your plans are
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As BLURT falls another 50% today I wonder what your plans are
it's true I really remember getting into crypto in 2017 I worked for a small start up actually and everyone I met was AMAZING, every project was social good with it's heart in the right place I think it was around 2018 ish that I saw the space just full of ppl wanting to make quick money, bragging about how rich they were and just basically trying to scam everyone, get rich or brag about their wealth. it really sucked to watch. I lost interest in working in the space really around that time.
Thanks for commenting!
Yes, earn... that has been my plan for the past 10 years. I have done nothing but earn, more and more and more. That's the problem, though. If the token you're earning doesn't do well, you lose all your current and past earnings. My entire 10 years has now been reduced to under 2000 USD worth, and I've never spend anything or converted to fiat. If I want to earn with Blurt payouts and spend them on "real world shit I need", I first have to have 2 things. One, a way to convert BLURT to real world things, and currently that's just a pipe dream. And two, enough payouts to make it possible. At the current price of Blurt, I'm able to dish out about 1 USD in upvotes per day, if I stay on the chain and vote every 2.4 hours to maximize rewards. All my earnings equate to the power to generate one dollar per day. That was close to $50 back when HIVE spiked up last November, before I got nuked to zero by the Hive cabal. I can dish out a dollar a day, wherever I deem fit, even my own comments! I tend not to vote my own comments, though. I'd prefer other people curating my content, and I'd prefer to curate theirs. Curing your own content is pointless and cannabalistic. Sadly, my friends and followers here on Blurt don't have much money. Most of them are giving me tiny upvotes (often not even at 100%) while I'm giving them 25+ BLURT each with my larger stake. I'm the big curator... and also the big content-creator. I put out a lot, and get little in return. It was like that on Hive, too. As I got bigger, I got less and less support from others, and was basically just giving out a ton of upvotes and support to everybody else. Everybody powered down and took profits, while I kept the currency afloat by holding on. When I finally tried to make a withdrawal I was nuked.
So yeah, earn. I have been doing that for 10 years and look where it has got me. Do you have any more specific advice, other than to earn? Because I have shown that it doesn't always work, even if you put in nonstop effort for many years.
One thing I like to do is trade my blurt so I can move my earnings around for trading and purchasing with my CoinBase crypto card. We def take a risk when all of our holdings are in one token/coin. Diversify. It still a good way to make something from content by selling/trading for other currencies IMO.
Can you do all that without a smart device, ID, or bank account? I have none of the above - all my crypto actions must be private and decentralized (which is how ALL crypto actions were originally supposed to be.. but in reality almost none are).