Been a Bitcoin hodler since 2019 so it's my second bull run. Learned how to control my emotions and take out realized profits this time around. My best advice for anyone looking to get into cryptocurrency is to never expect the price to move in your favor as soon as you invest. My most profitable gains were in the bear market... Now I'm sitting on a big bag of usdt (tether) waiting for a capitulation or distribution. I wouldn't recommend buying at all time highs unless your stomach can handle a 10-30% loss on any given day. Buy on the way down and sell it on the retrace. Gold is looking quite attractive to get some exposure to. I work as a machine technician manufacturing construction materials for all structures. I can say with confidence my co workers that bought their homes in the last 5 years that haven't carried any equity are sweating bullets right now paying interest on a depreciating asset/yearly government tax and maintenance or up keep. We are union and our last contract hasn't kept up with inflation nor do I see a fair negotiation on the horizon... With less people interested in taking up more debt not to mention can even qualify for a 1st time mortgage, I can only see the supply of the market become greater. I notice building developments slowing down because the returns on their developments are shrinking in front of their own eyes. I can only put blame on the greed of men who have pumped up the prices and over leveraged themselves into a housing bubble they thought would go up forever. Watch for unemployment to rise as the supply of global liquidity starts to shrink. I'm no economics genius but no amount of interest cuts or stimulation plans are gonna save this sinking ship... Own nothing and be happy because you can't take it with you when you die. I am a parent of two 28 year olds (twins) who are both gainfully employed and the best lesson I have been able to pass on is to live within your means and save for rainy days because the sun doesn't shine forever... The fact you're reading this post puts you in a category above most of the people out there drowning in debt. Peace and God speed!
Been a Bitcoin hodler since 2019 so it's my second bull run. Learned how to control my emotions and take out realized profits this time around. My best advice for anyone looking to get into cryptocurrency is to never expect the price to move in your favor as soon as you invest. My most profitable gains were in the bear market... Now I'm sitting on a big bag of usdt (tether) waiting for a capitulation or distribution. I wouldn't recommend buying at all time highs unless your stomach can handle a 10-30% loss on any given day. Buy on the way down and sell it on the retrace. Gold is looking quite attractive to get some exposure to. I work as a machine technician manufacturing construction materials for all structures. I can say with confidence my co workers that bought their homes in the last 5 years that haven't carried any equity are sweating bullets right now paying interest on a depreciating asset/yearly government tax and maintenance or up keep. We are union and our last contract hasn't kept up with inflation nor do I see a fair negotiation on the horizon... With less people interested in taking up more debt not to mention can even qualify for a 1st time mortgage, I can only see the supply of the market become greater. I notice building developments slowing down because the returns on their developments are shrinking in front of their own eyes. I can only put blame on the greed of men who have pumped up the prices and over leveraged themselves into a housing bubble they thought would go up forever. Watch for unemployment to rise as the supply of global liquidity starts to shrink. I'm no economics genius but no amount of interest cuts or stimulation plans are gonna save this sinking ship... Own nothing and be happy because you can't take it with you when you die. I am a parent of two 28 year olds (twins) who are both gainfully employed and the best lesson I have been able to pass on is to live within your means and save for rainy days because the sun doesn't shine forever... The fact you're reading this post puts you in a category above most of the people out there drowning in debt. Peace and God speed!