Not this Nacho Dip

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Crypto prices always surprises me or at some point shocks me in disbelief because for one thing it has a volatile nature as things go south in a matter of seconds if not minutes to change the sentiment into catastrophe leading to melting faces and despair.

We must know that there are big crypto entities out there which are experts in trading, they can crash the market and then buy the cheap prices. Then would order some people to write about good news to a particular crypto or crypto in general just to stir the feelings of traders or common people to buy again and in effect it would move the prices back-up.

It comes in cycles but volatility is really our friend, it lets us go and make another good entry but in the other hand we will never know how low things would go and before we knew it we had bought with all what we had to find out that it is not the bottom of that dip yet.

It's a given fact that whales can move markets to their favor

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Even though cryptos existed more than ten years now it is still too far away for a really major adoption. But some countries might adopt in using it as a means of alternative to FIAT money until FIAT gets replaced by some major event in history. So maybe if things fall in proper places in the far future digital money is what our great grand children will be using after some type of revolution or something like that happens on how the world would use money to transact and by then the crypto prices are already in the moon and are stable but still so profitable to trade with even with a few percentages up or down or even with a fraction of a percent because of the value of each token not to mention future tokens that have utility that solves human problems.

One factor that affects the prices are bad news and rumors the spread like a wildfire especially now that social media can be used as a tool to move the feelings of the masses to make them panic sell all because of a certain doom and gloom scenario and not considering the function of a token or their plan to do with it in the first place and it continually happens a lot as seen in the charts.

Tribalism also affects the price of a cryptocurrency as some are loved and in turn would hate the other. This is true about Ethereum enthusiasts which are sometimes anti-Cardano and Anti-XRP considering the latter has a very good use case of a very cheap wealth transfer and then Cardano with some great features including staking options for a passive income and yet the said tokens are basically hated all because they have a lot of Eth holdings in their coffers and want it to succeed more by vilifying other tokens. So it is sometimes it all about we versus you in the crypto world, it just reflects the real world scene like for example in Politics.

But the good news is that in the long-term perspective of it all unless you are not holding a bad kind of crypto with no use case you will be in the green. Bitcoin now trades in the super 40K and sub 60K, may thousands of a percent compared to what it is valued quite only a few years ago but due to its scarcity and finite numbers that continues to decline every four years because of halving thereby making it hard to mine not mention BTCs getting lost in the process like lost keys or the person holding it just passes away without letting anyone managing the stored BTC plus big financial institutions buying and buying and then the future prospect of governments or central bank adoption then having a skin in the game will surely make you in a better position compared to most people that doesn't hold any cryptos at all, it is all good from here.

You are Bullish

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Fₒᵣ Yₒᵤᵣ Tᵢₘₑ RₑₐꞲᵢₙɕ ..
‿︵ʚ˚̣̣̣͙ɞ・❉・ ʚ˚̣̣̣͙‿︵ 𝔖𝔭𝔢𝔠𝔦𝔞𝔩 𝔗𝔥𝔞𝔫𝔨𝔰 𝔗𝔬 𝔜𝔬𝔲‿︵˚̣̣̣͙ɞ・❉・ ʚ˚̣̣̣͙ɞ‿︵

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C0ME 0N Y0!─=≡Σ((( つ•̀ω•́)つLET’S GO!

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Ⓑⓛⓤⓡⓣ Ⓛⓞⓥⓔⓢ Ⓨⓞⓤ

Nᵒᵗᵉ: ᴾʰᵒᵗᵒˢ ᴬʳᵉ ᴹᶦⁿᵉ ᵁⁿˡᵉˢˢ ᴵⁿᵈᶦᶜᵃᵗᵉᵈ ᴼᵗʰᵉʳʷᶦˢᵉ.