WHAT YEAR 2023 WILL DUPLICATE?
Last year was a dire year in crypto sphere. We had only 4 months where positive was part of the equation. February, March, July and October. Every other month was crying blood nonstop. Having a 30% plus rise in January gives us reason to season. Despite all the dramas surrounding crypto, it is nonchalant if you are not thinking dep in crypto way. It shows there is HOPE and crypto will make it happen to the ones that anchor deeper into the blossoming of this new trend. I call it new, cause a few are still persevered to hold on till no more. Just think of last year it could remind you all over again of 2018. While it was primarily red it was the time to accumulate. It was the year we see the true color of #hive and #leofinance.
I have to say it is not the same concept as we witnessed two years ago crypto market value could easily reached $3 trillion and change. So far the next rise could attribute to some sort of regulation where accessibility by big pocket could change the landscape. it may prove worrisome for new comers then. it may propel holders to new high making it a lot easier to grow. For the last two years April, May and June have been tough on crypto.
We will see how the situation will enfold during that transition. Data does not lie in plaint sight. July looks promising often even though the margin could be tight. September is random to send mix signal every year and recover is left for October to fight back. I am lost in comparison for November and December. I think everybody is on vacation or preparing for holidays so businesses are stalling big time. For crypto in the last 10 years only 2017 looks position when you go month by month.
The way to approach cryptocurrency these days may differ greatly from 5 years ago. The learning curve line is dropping considerably. More folks are dependents of crypto. They know when to go all in. They know when to stay on sidelines and watch it burned. The technology is changing so fast where the ideal way of earning in crypto is no longer just holding, you can do work in crypto and grow your stack as you ride along.
#defi, #nft, #play2earn games are the trend that put a massive use case for crypto every where.
Let's say January and February remains green. You can have a duplicate of 2021 at your site. I do not think 2013 can come back again. Hey you never know with inflation slowing down and #fed closing the loop on liquidity, crypto even volatile could be the source for easy money for investors. They may lure us to jump in and caput everything by April. Hope you are paying attention and see if they have patience to continue to prop it for 90 days.
February could follow into the green quite well. it has happen periodically for the past 10 years. Inflation, transitory, recession and many more terms could throw a wrench into the financial system this year. I forget to mention the debt ceiling is another drama waiting to happen. The interest on that debt amount @ $31 trillion will close to one trillion very soon. Watching #gold movement can spell how some investors will redirect funds down the line. As you know #gold has its limit and we can leave as that. Diversification has been the other term I miss. Crypto has joined the rank where it will be well implemented.
I think this year as a boring year could fathom to follow its own pattern. I do not expect much regulation in term of curbing crypto use. It has immense use case that will dictate what the financial world will allow to happen. As a worldwide phenomenon where profit will rise with less risk the green pattern will always incite FOMO. I am hoping to see more green months than red. As long you plan to succeed, you have the right to reap and continue your business as usual. Having a green January could set the stage for more revolution where resistance will build with each candle. Yesterday money is not today money. This is the power of compounding. Each month has it battle. Hope you fair well with yours. Keep on vesting in YOU
Posted Using LeoFinance Beta
