It’s a cycle: A crypto price bubble draws in a new wave of speculators making bad bets, then the market falls, as does sentiment. Criticism of crypto is healthy, but be wary of plain doom and gloom, writes davidzmorris.
Welcome to the hype-disappointment-devastation-education-conviction-hype cycle.
, but this time, after crypto reached levels of public exposure it has never seen before, it’s Do Kwon. He’s going to be all over TV for months. Having such a living embodiment of egotism, venality, recklessness and stupidity standing in for “crypto” as a whole is going to make things measurably worse for the industry. (And you should absolutely be mad at him about this, in addition to everything else.)
It’s going to be a rough stretch, and nobody actually knows how rough or for how long. Many of us have seen this show before. While there are variations, the crypto retrace cycle has repeated four or five times now. Each time, the same behaviors crop up as crypto goes from mania-of-the-month to whipping boy. The good news is, the retreating tide also presents opportunities.
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davidzmorris David, many of us lived through the cryptocycle. The Gaw Miner fiasco, the collapse from 20k-3.7k, A small but well educated group wanted to create an alt to the corrupt banking and archaic fiscal markets. Sadly, money slated for btc wasted on half baked projects and memes. BRB! davidzmorris There is no need to panic. Each cycle is temporary
davidzmorris My recipe for stability is simple, buy USDT and not invest on emotions. davidzmorris Yes, now they criticize tomorrow they praise, you should not pay attention to everything. davidzmorris You can earn up to 80% -1000% returns daily trading on spot and futures with our daily profitable signals To join our free Group on telegram click on link
davidzmorris When my hairdresser told me how he was investing in crypto I knew the crash was coming. There are signs! davidzmorris I'm going to try prepared, I just know that the best way is with ledger and the information cryptocrates_en they are the perfect alliance! davidzmorris Investing in Crypto should secure once future, thanks to Roberta Robertaofficia_ crypto has been my main source of income ever since i started investing with her
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Crypto.com gets nod in Dubai and FTX launches in JapanPopular crypto exchanges Crypto.com and FTX will each expand to new countries as Crypto.com secures a crypto license in Dubai, and FTX launches its service in Japan. I know who I am, you have no need to explain. YEAHH BOIIII $ChaT ☄️
davidzmorris Limited time offer! SHlB_giveaway davidzmorris Internet users in 1997: 140 million Internet users in 2007: 3.7 billion Bitcoin users today: 140 million davidzmorris Bitcoin always recover if you wait long enough If there is any coin not to ever underrate then is BTC because the pump will always happen If you aren’t following Sz_09y you should be. There aren’t many who have a better understanding of value investing, great TA
Crypto Biz: Helicopter CBDC money rains on Shenzhen, May 26—June 1Hallelujah, it's raining . . . crypto? China has airdropped its digital yuan to thousands of local residents. This and crypto news from Apple, Binance, and our own Market Report.
An Analysis of Crypto Equity ETFsETF landscape Crypto equity ETFs present an alternative for investors looking for crypto exposure, as investors still face hurdles to directly interact I’m going on a date with my pillow! Goodnight :)
FTC says victims of crypto scams have lost more than $1 billion since 2021 | EngadgetNearly 25 percent of scams reported last year used crypto as a payment method.. Actually $10B just this month 2021 was a long time ago.
650 Million XRP Moved by Ripple and Anon Whales, Some Lumps Carried 130-210 Million XRPOver 650 million XRP tokens have been sent by Ripple, several anonymous wallets and crypto exchanges Ripple $LINU THE NEXT SHIBA THE LUNAKILLER 👉 Luna_Inu_ERC20
Bloomberg Crypto: Regulating The Regulators on Apple Podcasts🎙️ What happens when the people investing in crypto are also the ones influencing how the industry gets regulated? s_m_i and gardnerakayla discuss in the Bloomberg Crypto podcast Apple ▶️ Spotify ▶️ s_m_i gardnerakayla Missed Shiba? Missed Doge? Join ShibaDoge 🔥 Auto deflationary - 54.097% 👀 First Ever Crypto Hybrid Token 💛 200,000+ Community Members 💎 18,900+ Holders 🐶 2 NFT Collections 🏆 Bullish Staking Rewards 💥 Listed on 6 Exchanges eth NFTs s_m_i gardnerakayla Who should influence it? Everyone who feels threatened by defi? Up until now that’s been the case (& continues to be), isn’t it time for some balance don’t you think?!
Gerald Cotten of QuadrigaCX , but this time, after crypto reached levels of public exposure it has never seen before, it’s Do Kwon.0:00 News Two out of the top 10 largest cryptocurrency exchanges by volume will expand into new markets, with Crypto..June 3, 2022, 1:33PM EDT • 6 min read José Mares Quick Take Crypto Equity ETFs reflect a promising solution for investors who wish to obtain exposure to the crypto space, thanks to the fact that these products are mostly made up of western publicly traded companies As these ETF products grow and attract more capital, they have become an increasingly attractive alternative for investors seeking liquid investment vehicles to interact with the crypto ecosystem The current regulatory environment regarding cryptocurrency investment vehicles makes it difficult for investors to obtain direct exposure to the crypto market, which has driven investors to find new ways to find exposure to this market Footnotes Join The Block Research for exclusive research like this Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets.
He’s going to be all over TV for months. Having such a living embodiment of egotism, venality, recklessness and stupidity standing in for “crypto” as a whole is going to make things measurably worse for the industry. Crypto. (And you should absolutely be mad at him about this, in addition to everything else. To qualify for the airdrop, locals must register with the food delivery app Mietuan Dianping.) It’s going to be a rough stretch, and nobody actually knows how rough or for how long. The exchange said that VARA will carry out further due diligence and other mandated requirements before its full operating license is issued which it expects to happen in the “near term” Crypto. Many of us have seen this show before.
While there are variations, the crypto retrace cycle has repeated four or five times now. The UAE Minister of State for Foreign Trade, Dr Thani Al Zeyoudi said in the the country believes “cryptocurrencies, virtual assets and blockchain will revolutionize the financial services sector. But yes, there are , too. Each time, the same behaviors crop up as crypto goes from mania-of-the-month to whipping boy. The good news is, the retreating tide also presents opportunities.” FTX Japan launches. ‘Blockchain, not crypto’: bear-market cringe But the thing is, people will continue to enjoy taking investor money. The good news is we won’t have to wait long for the rumors to be either confirmed or squashed as WDCC takes place next week. Considering signals like Andreessen Horowitz’s new $4.
5 billion crypto investing fund , a decent amount of capital may still be on offer even with public sentiment of crypto in the toilet. So you’ll hear a lot of squirming and doublespeak like Manning’s as people who still want that sweet, sweet crypto cash try to downplay their actual crypto activities. So, whether you like it or not, the cabal of central bankers who meet eight times a year have a major impact on your portfolio — and this includes crypto. Manning’s evasion is a close cousin of the all-time great in this category, the argument for “blockchain, not crypto.” This is a meaningless concept because tokens with economic value are fundamental to the design of distributed public blockchains, at least for the moment. But rhetorically, “blockchain, not crypto” is meant to signal that one wants all the cool parts of blockchain tech without the financial volatility. Crypto Biz is your weekly pulse of the business behind blockchain and crypto delivered directly to your inbox every Thursday.
“Blockchain, not crypto” has in previous downturns been a particularly attractive line for blockchain units within large corporations. Not coincidentally, one way of actually executing on the hollow premise of “enterprise blockchain” is with tightly controlled private networks, which may have some but nothing remotely resembling the weird transformative implications of public blockchains. It’s a rhetorical feint, meant to trick people who sway with the breeze of shifting sentiment and don’t actually understand crypto at all. Living in winter Simply ignoring these craven contortionists is step one of thriving during a crypto winter. Another good move is to try and understand what happened.
Why did Terra collapse ? Why is SOL down 80% but ETH only 58%? There are actual reasons, and if you learn them now you’ll be better prepared when sentiment around crypto shifts the other direction and the next wave of impulsive swing-buyers arrives. Another simple to-do thing but one you might not want to hear, is “stop day trading.” There is still downside out there, and no one knows where the market will bottom out. Secure whatever capital you’ve got left and shift focus elsewhere – specifically, to participating in communities, actively using products, developing skills and maybe even building something. Day trading is even in boom times, but during bear markets it’s truly something to leave to the professionals.
Calling yourself a “degen” on Twitter is less fun when your formerly hilarious gambling addiction has left you actually destitute. See also: A Dictionary for Degens | Opinion Spending this time learning is a path towards not just minimal self-respect (also, consider showering more) but actual success. Even a level 1 crypto speculator is learning a lot about the space, and at this point in the industry’s growth that knowledge will have value even during a crypto contraction. Prominent people in the industry will become a lot more accessible in the coming months as well, so you can really lay some groundwork for a future career move. But the most important tip for surviving the crypto backlash is very simple: stick around.
The sharply cyclical nature of crypto is its biggest annoyance and opportunity because it provides new entry points for the committed while regularly washing out the dilettantes. Whether you’re a new hire at a crypto company wondering if it’s time to ask Goldman Sachs for your job back or an ambitious newcomer hoping for a break, the biggest mistake you can make is taking your eye off the ball. You never know which way it’ll bounce. Read more about .