Just hours after hitting $55,750 - Bitcoin plunged nearly a thousand dollars.. to $53,839

While what I typed is factual, it's not really likely that's how many of us view this latest move. Just yesterday I wrote about BTC hitting $50,000 and with the All Time High, being around $65,000.. We can get an idea of how fast things change in crypto world.

A year ago today the price of Bitcoin was $10,761.

I have so many friends who are still bearish, it's odd. I realize there is a global financial crisis brewing, but I actually think that helps cryptocurrency rather than hurts it. Many are disillusioned with KYC and Regulation, but there will always be ways to get around some of that.

Did you expect the elite to welcome this new form of currency without testing to see if they can control it? In any case.. I am extremely Bullish.

HIVE ALSO CRASHED

If you consider $.99 Hive a crash, while it did have a great pump up to $1.50ish mostly on Asians Markets, it dropped a bit too, however, Hive has spent very few days at $.99 so I also see this as fast growth, and again.. you can get a feel for how quickly things change.

All of the Hive Engine tokens were up during that pump as well. So, you can see that a sustained growth pushes the whole economy up with it.

It pumps, it corrects,.. but not all the way down, and it will pump again.

Last week, I was enjoying my SOL gains, this week it's dipping, ETH has been on a slow decline for a while, but it's way up on the year.

It's important to not chase what just pumped and hang on for the next one, it's a cycle.

Make sure you like your holdings (bags) and that you think they have a strong team, a good story and a plan, if you like your bags, just hang in there because if it isn't pumping this week.. It might be hot next week.

How is this crazy crypto week treating you?

@whatsup

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