RUN CRYPTO RUN
This is old news already if you are running after market movement. It is to say you are reacting instead of planning. It is always the goal when you deal with the financial market. Plan ahead and make a move. The other day #hive just rose past 59 cents almost a 33% rise in a instant. We all know a quick drive like that will come back down eventually. In the moment we are in business and Hive is surely making the best of it. If you have liquid Hive you could exchange it and earn that difference. You got to love that supply and demand drama where liquidity gets crunch right before your eyes.
It seems 2023 will be a year for crypto to continue its course into grabbing back the market share it lost a few years back. The monster jobs report threw a wrench into the economy. It is fascinating we cannot clearly state if it is a clear recession or else. 500k jobs gain is a sign something is brewing. Techs titans are laying off the big rigs so they can show a better quarter for the stock holders. Always if you want to show great number with flat revenue cut your expenses. Payroll always finds the top of the list.
#crypto is no way shy when it comes to an economy with no clear direction. It is hard to imagine crypto can run by itself. It has to follow some guidelines before it. Take it or leave it #crypto does imitate to some extent the traditional market prudent moves. When I see move Sunday afternoon with crypto, I know there is some liquidity issues on the other side of the planet. It may reverse course Monday morning.
What you see happen to #crypto last year will not repeat this year. Simple fact we are in a difference time and experience garnered change the way you see the economy. Apparently you may hear quite a few drop where BTC is worth close to nothing. You got up the next day it is still trading at $20k/BTC. I have a sentiment that controlling agents are looking for ways to enter the market by forcing little players out.
It has always been this way. IF you have weak hands you will capitulate. #crypto in itself is ever changing to embrace what you and I will be able to do in the next 10 years. If you knew the internet age a few good ones did break away and earn their wealth in between. The knowledge you can grab with crypto is about to multiply and your spot is yours to keep. While we see many scenarios are at play, the worst can come and change the landscape.
Let's hope many chose to run with #crypto. I hope they have another choice. Hey maybe they can run with #gold. As always you pick your battle cause the #crypto caravan does not know how to stop. It is a little certain the FEDS are testing the water with the rate again. It does not deter #crypto a bit. #gold did flinch cause the inflation battle is about to crave. Some investors think by year end, the FEDs will do the opposite by slashing rates. At least they are doing something late or early to keep everything under control. As always be on the building side. At least you will stay busy.
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