Moonboys vs Permabears, Who Do You Prefer?

The crypto community is a different kind of community. We're vast and we are also diverse. We have smart, humble, intelligent, hard-working people, and we also have scammers, trolls, hackers, mooonboys, and permabears. For Metaverse to exist, the synergy must exist between those who are 'innit for the tech' and those who are waiting for the sequel of the Big Short.

And the synergy exists. If there was no diversity, @bagofincome would have nothing to write about. If there were no altcoins, there would be no Bitcoin maximalists. If there was no Ethereum, we wouldn't have so many smart-contract plays. If there was no HIVE/LeoFinance community, we'd still be using Justin Sun's ghost platform.

Moonboys were telling you to buy the dip when Bitcoin was at $64K.
Permabears told you Bitcoin was going to zero when it was at the bottom in March 2020.
Moonboys promise you a Supercycle.
Permabears are waiting for the biggest crypto crash in history.
Moonboys shill you coins you have never heard of.
Permabears are calling the top every day.

We could go on and on but the truth is, nobody knows what's going to happen. We are always in uncharted territory. Yes, history repeats but each iteration is different and the further we go, the bigger the chance that we'll see something new. The thing I've noticed the most is that markets act differently from the sentiment of the public. When you start seeing $5K Bitcoin targets, it's time to load up. When you're seeing $288K targets for the end of the year, it's time to sell.

Although it's easy to say, it's much harder to do. Everything takes time and the more time you spend researching crypto, economy, governing, etc, the broader your perspective gets. You must filter out the useful from all the bullshit that's circulating the web. Everyone's partly right which means nobody's truly right, right? Anyway, this is what I wanted to talk about today.

Who do you prefer, Moonboys or Permabears?

Personally, it's much more interesting and exciting to be a 'moonboy' because the upside potential is bigger. If you're a permabear, the maximum that you can short to is to zero. If you're an inadequate bull, the upside potential has no limits. Whatever is your choice, I accept it.

I'm a Perma-bull

I'm a perma-bull myself. I believe that blockchain technology has the potential to change the world in a good way. Starting from giving property rights to anyone who can write down their private keys to changing the way how we govern the places we're living in. Blockchain can solve corruption by simply having public purchases, tax spending, and funding on the chain where it's immutable. And it's just a tiny example.

Blockchain is bringing back power to the people. Take HIVE/LeoFinance as an example. The previous generation of bloggers used CMS systems, bought domains, used ads, and all kinds of time-consuming stuff to get something out of it and monetize it. Nowadays, we can simply use one of the HIVE front-ends, connect with similarly-minded people and earn tokens for it. Not only does it get exposure to your blog, but you can also earn, and most important - you don't have to pay anything to do that (no hosting, no domains, no plugins necessary).

It's an evolution that's happening right in front of our eyes. Whether we join it or stand by sidelines, we have no power of stopping the movement of decentralization. It has begun and it's going forward, slowly but surely. Until one day, we'll be there!

Thank you for reading! Have an awesome week ahead!

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