Guys, Dolls!
I can use some more likes!
Drop by, learn from my mistakes, and hit LIKE!
𝕎𝕙𝕒𝕥 𝕥𝕙𝕖 𝔽 𝗵𝗮𝗽𝗽𝗲𝗻𝗲𝗱 𝘁𝗼 𝗺𝘆 $𝟏𝟎𝐊 𝗽𝗿𝗼𝗳𝗶𝘁 𝗳𝗿𝗼𝗺 𝟮𝟬𝟮𝟭?
https://www.publish0x.com/is-elon-musk-already-looking-for-a-new-best-friend/what-the-f-happened-to-my-dollar-10k-profit-from-2021-xrgwrzz
As Promised!
If you want to know what is left of my 10K profit from 2021, here you go!
Have a laugh...... at the stupid Baby
𝕎𝕙𝕒𝕥 𝕥𝕙𝕖 𝔽 𝗵𝗮𝗽𝗽𝗲𝗻𝗲𝗱 𝘁𝗼 𝗺𝘆 $𝟏𝟎𝐊 𝗽𝗿𝗼𝗳𝗶𝘁 𝗳𝗿𝗼𝗺 𝟮𝟬𝟮𝟭?
https://www.publish0x.com/is-elon-musk-already-looking-for-a-new-best-friend/what-the-f-happened-to-my-dollar-10k-profit-from-2021-xrgwrzz
I can use some more likes!
I am very sure that the market will look better on the 1st of January 2024 compared to the 1st of January 2023.
This is why:
𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 #𝟑𝟕 - 𝐖𝐢𝐥𝐥 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐦𝐩𝐫𝐨𝐯𝐞 𝐢𝐧 𝟐𝟎𝟐𝟑?
https://www.publish0x.com/bitcoin-baby-day-1-in-the-crypto-universe/crypto-weather-forecast-37-will-the-market-improve-in-2023-xqewzox
I am very sure that the market will look better on the 1st of January 2024 compared to the 1st of January 2023.
This is why:
𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 #𝟑𝟕 - 𝐖𝐢𝐥𝐥 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐦𝐩𝐫𝐨𝐯𝐞 𝐢𝐧 𝟐𝟎𝟐𝟑?
https://www.publish0x.com/bitcoin-baby-day-1-in-the-crypto-universe/crypto-weather-forecast-37-will-the-market-improve-in-2023-xqewzox
𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭
Don´t you dare to think that changing a 2 into a 3 is gonna make a difference!
January is gonna SUCK!
Since 2013, the Bitcoin price has traded in the red for 60% of its monthly performance during January. Especially in the year after the bear.
On a positive note, February is one of Bitcoin’s best-performing assets. Even during the years after the bears.
𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭
Markets have been Flat as F over the holidays so far.
With a little dip this morning and probably a little pump back to 16.8K soon.
This can´t last, a breakout will happen. Up or Down those Bollinger Bands are getting tight.
Everyone and their fleas are making 2023 predictions, well not this Baby.
I just got one thing to say. We lost approx 50K and we have 16K left. That means 2023 can only be better than 2022 as we have lost more than what we have left.
Gotta get back in the Noise Spirit now that the festivities have gone....but I am just so damn busy writing....
If you use Brave Browser, if you receive BAT, but you can not use Uphold to Monetize that BAT.......
Read This!
𝗨𝗽𝗵𝗼𝗹𝗱 𝗦𝘂𝗰𝗸𝘀 - Make money from Brave Ads without Uphold
https://www.publish0x.com/how-much-is-that-doge-in-the-crypto/uphold-sucks-make-money-from-brave-ads-without-uphold-xvmjonn
Well my #2 position seems safe, but I still need your help to become #1 I am like 3 votes behind.
So if you are on TORUM please vote for BItcoinBaby Cat
https://www.torum.com/post/63a5fcd6786a6f0012a6eac7
And if you are not on TORUM, maybe it is time to join because you can make a little bit of crypto there and it´s just a fun place. So join https://www.torum.com/?referral_code=bitcoinbaby and then click the link and vote for me!
If you like crypto and try to build some stacks without paying for it. You might want to check out TORUM.
𝐓𝐎𝐑𝐔𝐌 𝐌𝐞𝐦𝐞𝐬 & 𝐖𝐡𝐲 𝐈 𝐚𝐦 𝐒𝐭𝐢𝐥𝐥 𝐨𝐧 𝐓𝐎𝐑𝐔𝐌 𝐢𝐧 𝟐𝟎𝟐𝟑
https://www.publish0x.com/how-much-is-that-doge-in-the-crypto/torum-memes-and-why-i-am-still-on-torum-in-2023-xozwkoo
Guys and Girls if you did not vote for me yesterday and you are on TORUM please vote for BItcoinBaby Cat
https://www.torum.com/post/63a5fcd6786a6f0012a6eac7
Guys and Girls I need your help again!
If you are on TORUM please vote for BItcoinBaby Cat
https://www.torum.com/post/63a5fcd6786a6f0012a6eac7
If you want to know what Santa is going to get you for Crypto Christmas, enjoy my latest forecast.
Make sure to hit that like button and reward yourself some free crypto.
𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 #𝟑𝟔 - 𝐁𝐨𝐭𝐭𝐨𝐦 𝐢𝐬 𝐢𝐧 𝐚𝐧𝐝 𝐁𝐨𝐫𝐞𝐝𝐨𝐦 𝐢𝐬 𝐚𝐡𝐞𝐚𝐝, 𝐌𝐞𝐫𝐫𝐲 𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬!
https://www.publish0x.com/how-much-is-that-doge-in-the-crypto/crypto-weather-forecast-36-bottom-is-in-and-boredom-is-ahead-xvmdzxl
I forgot to share this with you and ask you to hit that like button!
𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 - 𝟐𝟎𝟐𝟑 𝐖𝐢𝐥𝐥 𝐁𝐞 𝐍𝐎 𝐁𝐥𝐚𝐬𝐭
https://www.publish0x.com/how-much-is-that-doge-in-the-crypto/crypto-weather-forecast-2023-will-be-no-blast-xlqxqzn
𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭
The amount of FUD and BS flying around the crypto space right now is incredible.
This can only mean one thing....we are weeks away from the end of this bear market.
Because when I start to get bearish it´s over, I am always late to the party so get ready!
Is it just me or did rusty also stop handing out donations on Noise.App?
Well, kike last time it might take a week or so till I get in its good grace again-
𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭
Everywhere I look I see FUD, short-term FUD, Mid-Term FUD the only thing still saf for long-term crypto holders seems the long-time perspective.
Where some of us might hope that the turning point would be early 2023, analysts are currently taking that hope away from us.
If you thought that the alts had bottomed, no way. If the cycle reset is now, that means BTC dominance will grow and be there for the next 4 months. That means any loss will hit the altcoins the hardest and they can still drop by a lot.
XRP seemed to be winning but the LBRY case has shown that winning might be impossible and settling is the best option left.
Binance, if it goes down it will do so in the next 6 weeks and that fallout is gonna be the bomb. Still, I do not expect Binance to fall, but if we will see prices nobody expected.
The FED will remain hawkish till Q3 of 2023 for sure.
Recession and interest will draw down the capital that can be invested, hence no capital, no investments, and therefore no rallies.
Happy New Year you all, 2023 is gonna be no Blast
My latest Tune Tune Train Riddle is now on Read.Cash!
𝗧𝗧𝗧 [𝗪𝗲𝗲𝗸 𝟱𝟭] - 𝗧𝘂𝗻𝗲 𝗧𝘂𝗻𝗲 𝗧𝗿𝗮𝗶𝗻 "𝗧𝗵𝗲 𝗦𝗲𝗮𝘀𝗼𝗻 𝗧𝗼 𝗕𝗲 𝗠𝗶𝘀𝘁𝘆"
https://read.cash/@BitcoinBaby/ttt-week-51-tune-tune-train-the-season-to-be-misty-ad4c5ce7
TTT [Week 51] - Tune Tune Train "The Season To Be Misty"
Like Every Week:
*The Tune Tune Train connects songs, which can be done in many ways. For example three songs from the same movie, then the connection is the soundtrack. Or three songs from people that used to form a band, the connection would be that band. But it can even be three songs about Qatar. Which would make the connection to the soccer world cup.*
**It´s up to you Dear Reader to figure out what connects the train.**
**Or wait till I solve the riddle in next week's post.**
Last Weeks Clues Were
**I gave you t****his awesome musical hint** **and told you in my Midnight Gems Written Radio Show to check out the lyrics to that song.** https://youtu.be/v0b9gocv7dY
**And then there were these songs:**
**Inhaler - My Honest Face**
**Eliot Sumner - White Rabbit**
**Suspect 208 - All Black** https://www.youtube.com/watch?v=CDU4-MOFb0Y&list=PLQAZdW2SD4Z6F8SR3Sqdk3BnmevoBcsxo&index=3 https://www.youtube.com/watch?v=NCo1b98a6o0 https://www.youtube.com/watch?v=4I37mMWUWy4
Now what I wanted you to find in the lyrics was this:
*He'd say, "I'm gonna be like you, Dad*
*You know I'm gonna be like you"*
&
*He'd grown up just like me*
*My boy was just like me*
Because the connection was that these kids have grown up to be just like their dad.
Didn´t you notice that the guy in the Inhaler video looks and sounds a hell of a lot like Bono from U2, well that is because Elijah Hewson is his son.
Eliot Sumner´s voice in this video might not sound like her dad's, but if you had listened to her earlier work or her first project "I Blame Coco" you must have recognized that voice. And if you just read my words I mentioned that "everything little thing she does is magic."
That was such a giveaway, did the name Sumner not trigger anything? Really? And if I say; Gordon Matthew Thomas Sumner.
Does that ring any bells?
Okay if you are still clueless Eliot is Sting´s little gem.
You only had to google the Immature Supergroup to figure out this riddle, because you would have found that the group was formed by Slash’s son London Hudson and fellow rock star offspring Noah Weiland and Ty Trujillo, sons of late Stone Temple Pilots singer Scott Weiland and Metallica bassist Rob Trujillo.
So the connection was the Dad being a HUGE artist.
We Have No Winners
**Tonight will not be that easy, but if someone figures it out I will give a 300 points Ecency Boost. Read the hint carefully as that is a dead giveaway if you ask me.**
**Here we go again!**
The first one that gets the connection between these next three songs gets a Bonus Boost on his/hers latest post.
All Aboard!
**The Tune Tune Train is Taking Off!**
**Are You Ready To Riddle?**
**SO, here are this week's clues.**
Alright, at the end of the year even I get slightly emotional, but I will not play you any Christmas tunes... I just will not!
Still, during times like these, I get a little misty myself, and there is no better company than miss Ella to get misty with!
Ella Fitzgerald - Misty
https://youtu.be/rPOlakkBlj8
Being misty hurts, and those who hurt are in some way looking for redemption, and damn this is another fine Redemption Song.
Hurts - Redemption (Official Video)
https://youtu.be/LpQ4l_-ZheY
Well let´s keep it small and intimate with the greatest rock band in the world, and yes there is a connection between these songs next to all three being amazing!
U2 Perform Rare, Intimate Version on "Every Breaking Wave"
https://youtu.be/BdVIJNnzNQc
The connection hint is: Same artists, different season-related songs.
Let me know in the comments if you figure out what connects these three songs.
First to get it right, gets a nice Bonus Boost!
**The connection and winner will be featured in next week's** **#TTT** https://ecency.com/trending/ttt
Previous Tune Tune Train Rides:
**TTT [Week 50] - Tune Tune Train "Out with the Old, In with the New"** https://read.cash/@BitcoinBaby/ttt-week-50-tune-tune-train-out-with-the-old-in-with-the-new-12ae97bf
**TTT [Week 49] - Tune Tune Train "Not just a girl thing"** https://read.cash/@BitcoinBaby/ttt-week-49-tune-tune-train-not-just-a-girl-thing-ae362796
**TTT [Week 48] - Tune Tune Train "I just wanna be your Blog"** https://read.cash/@BitcoinBaby/ttt-week-48-tune-tune-train-i-just-wanna-be-your-blog-1422eed4
**TTT [Week 47] - Tune Tune Train " I came along / I wrote a song for yo...** https://read.cash/@BitcoinBaby/ttt-week-47-tune-tune-train-i-came-along-i-wrote-a-song-for-you-and-it-was-called-orange-4ca99e33
**TTT [Week 46] - Tune Tune Train "Wish you were Running on Crutches"** https://read.cash/@BitcoinBaby/ttt-week-46-tune-tune-train-wish-you-were-running-on-crutches-53b96a5b
**TTT [Week 45] - Tune Tune Train "Warm Winter Vibes"** https://read.cash/@BitcoinBaby/ttt-week-45-tune-tune-train-warm-winter-vibes-0ce358e1
**TTT [Week 44] - Tune Tune Train "Flowers & Moving Pictures"** https://read.cash/@BitcoinBaby/ttt-week-44-tune-tune-train-flowers-moving-pictures-93a0a021
**TTT [Week 43] - Tune Tune Train "You're from the 70s, but I'm a 90's b...** https://read.cash/@BitcoinBaby/ttt-week-43-tune-tune-train-youre-from-the-70s-but-im-a-90s-bitch-2cf5d09e
**TTT [Week 42] - Tune Tune Train "This Nightrain is so easy"** https://read.cash/@BitcoinBaby/ttt-week-42-tune-tune-train-this-nightrain-is-so-easy-63fe9f1f
**TTT [Week 41] - Tune Tune Train "Some old Dudes"** https://read.cash/@BitcoinBaby/ttt-week-41-tune-tune-train-some-old-dudes-678ff55f
**TTT [Week 40] - Tune Tune Train Can You Figure out the Connection** https://read.cash/@BitcoinBaby/ttt-week-40-tune-tune-train-can-you-figure-out-the-connection-a6a59f80
**TTT [Week 39] - Tune Tune Train undercover** https://read.cash/@BitcoinBaby/ttt-week-39-tune-tune-train-undercover-f49769bf
**Three Tunes Tuesday - Taking the Tune Tune Train** https://read.cash/@BitcoinBaby/three-tunes-tuesday-taking-the-tune-tune-train-278e87db
**Thanks for the read!**
**Please hit that like button,** **it's one of the few free things in life!**
Post Scriptum https://read.cash/@BitcoinBaby/pimp-your-post-with-dyi-gifs-e525c0c0#post-scriptum
Platforms where I Earn Crypto for my Content (Affiliate Links):
Torum - https://www.torum.com/signup?referral_code=bitcoinbaby
NoiseCash - https://noise.cash/u/BitcoinBaby
ReadCash - https://read.cash/r/BitcoinBaby
Hive - https://hiveonboard.com/?ref=whywhy
Peaked - https://peakd.com/register?ref=whywhy
Publish0x - https://www.publish0x.com?a=l9avg4xnbG
I do not have any connection with any company I am writing about. I am not being paid to write this article.
If you like my content, please hit like and subscribe. Because more Bitcoin baby Mistakes are coming......
Feel free to provide tips, comments, feedback, anything.....?
Remember that sharing will improve life in general!
Direct Donations are always welcome to keep me going:
BAT Tipping: https://www.youtube.com/channel/UCCW-PFikh6-VocGXA-mI7rQ
WAX: rx2r4.wam
BCH: bitcoincash:qpdqjxegqmfqnc7q9u2538cx0uwa7nwr5ganrnqe0f
BTC: bc1qdsrg7qaefxvel6hn6mjemjd4c8jjs40sasyvkp
ETH: 0x4216fEC23Ae7A7d9c46143Ce56C3e8f301F9868c

𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭
Yes I am extremely late.
why?
Because I was watching the market till late last night.
I so expected BTC to go below 16K.
It did not, and that was a little miracle with all the FUD currently clouding everyone's vision.
I did get some buying orders filled last night, and that is the weird thing... Many alts are at their lowest point atm, lower than what they were when BTC touched that 15.5K .
Now I ain´t saying this is the bottom, but they are bottoming out to an extent you should start eyeing your alts and adding some to your stacks in the weeks to come.
Especially now BTC dominance is increasing the alt market will get tasty.
If you want to know what lower cap ALTS I will be buying: OP, GLMR, UNI, FTM, KDA and maybe some ROSE
I think the end is near...
The end of this horrible bear market!
𝐀𝐧𝐝 𝐧𝐨𝐰 𝐌𝐲 𝐅𝐫𝐢𝐞𝐧𝐝𝐬 𝐓𝐡𝐞 𝐄𝐧𝐝 𝐈𝐬 𝐍𝐞𝐚𝐫.......
https://read.cash/@BitcoinBaby/and-now-my-friends-the-end-is-near-032c787a#comment-45f4b036
Pictures speak louder than words!
Every picture tells a story.
But there are always multiple sides to every story.
Question everything you see or hear!
And now My Friends The End Is Near.......
**2022 is coming to an end, thank goodness.**
**Because if you would ask me in what state of the cycle we are I would say depression. Good thing is, depression is the last stage before the market starts moving up again.**
But if you know your history the Great Depression lasted 10 years and at its peak between 1929 and 1932, the GDP fell by an estimated 15%. Worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession.
So we might not be out of the woods yet as I see another great recession looming. But there is good news...oh no there is not sorry.
Well okay, let me pour in a little hopium. CPI is year over year, it´s the price of a basket of goods compared to the same period last year. Now the FED is not saying this, but that year over year might just be what will end the inflation.
Very simply said, we had huge inflation in 2022 compared to 2021:
But it´s stabilizing now, meaning numbers don´t shoot up anymore. So when comparing 2023 to the high inflation of 2022 the CPI might very well drop to that 2% or 3% the FED is looking for.
It can even turn negative due to that weir YOY calculation:
So that is my bit of hopium for the summer of 2023.
Don´t look Back in Anger
2022 started off so great with me and my profits, I think I was on a high knowing that I my initial investment did a 7 X. But I did not dyor, I expected just a bit more before the fall.
**And I was wrong!**
Lessons Learned
Many lessons were learned in 2022, among which:
- Extended bull markets are bull crap
- Don´t ask how, but trust the 4-year cycles
- Don´t put your coins in places that offer small rewards for owning your keys (Celsius)
- Once the bull run ends, be patient buying back in. Wait at least on a 60% drop and 80% for smaller alts
- Don´t zoom out in a bear market, but grind harder as what you make now will 10 X next run
- Don´t trust billionaires with curls in T-shirts and shorts
Still 2022 was not all BAD.
I liked buying BTC at 15.5K, did not expect that to ever happen.
My Brave Browser Bat reward swap reached over 250 BAT this month. Meaning I received 250 BAT from people who can not monetize their Brave rewards because they can not connect to an Uphold wallet and returned 66,6% of their BAT in BCH or HIVE. If this keeps up it might become a real business.
Views on my blogs increased even though interest in crypto decreased.
And as we are nearing the end of this bear market, I am still in profit.....not much but still in profit.
The Bottom Line
By the end of January, this will be the longest crypto bear market ever.
That is why I think we are not only close to the end of 2022, but also near the end of this bear market.
2023 will be a slow start on the road to recovery, so hodl on just a bit longer.
**Thanks for the read!**
**Please hit that like button,** **it's one of the few free things in life!**
Post Scriptum https://read.cash/@BitcoinBaby/pimp-your-post-with-dyi-gifs-e525c0c0#post-scriptum
Platforms where I Earn Crypto for my Content (Affiliate Links):
Torum - https://www.torum.com/signup?referral_code=bitcoinbaby
NoiseCash - https://noise.cash/u/BitcoinBaby
ReadCash - https://read.cash/r/BitcoinBaby
Hive - https://hiveonboard.com/?ref=whywhy
Peaked - https://peakd.com/register?ref=whywhy
Publish0x - https://www.publish0x.com?a=l9avg4xnbG
I do not have any connection with any company I am writing about. I am not being paid to write this article.
If you like my content, please hit like and subscribe. Because more Bitcoin baby Mistakes are coming......
Feel free to provide tips, comments, feedback, anything.....?
Remember that sharing will improve life in general!
Direct Donations are always welcome to keep me going:
BAT Tipping: https://www.youtube.com/channel/UCCW-PFikh6-VocGXA-mI7rQ
WAX: rx2r4.wam
BCH: bitcoincash:qpdqjxegqmfqnc7q9u2538cx0uwa7nwr5ganrnqe0f
BTC: bc1qdsrg7qaefxvel6hn6mjemjd4c8jjs40sasyvkp
ETH: 0x4216fEC23Ae7A7d9c46143Ce56C3e8f301F9868c
Alright, this bear market has been here for over a year.
If it lasts another 30 days it´s the longest crypto bear market ever!
And I am getting depressed about it!
Which is actually great......
Because check out what happens after depression!
Who of you believes that having Messi....ehh Argentina win the world cup was not planned in advance?
It´s Sunday, you have nothing better to do than drop by, hit like, and learn why only degens DCA!
𝐈 𝐭𝐡𝐢𝐧𝐤 𝐃𝐂𝐀 𝐢𝐬 𝐚 𝐃𝐞𝐠𝐞𝐧 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 - 𝐁𝐞𝐭𝐭𝐞𝐫 𝐔𝐬𝐞 𝐓𝐡𝐞 𝐂𝐨𝐬𝐭𝐚𝐧𝐳𝐚 𝐑𝐮𝐥𝐞
https://www.publish0x.com/how-much-is-that-doge-in-the-crypto/i-think-dca-is-a-degen-strategy-better-use-the-costanza-rule-xvmdrdv
If you are still actively in tune with the market....you probably do not DCA!
𝐖𝐡𝐲 𝐈 𝐝𝐨 𝐍𝐨𝐭 𝐃𝐂𝐀, 𝐚𝐧𝐝 𝐭𝐡𝐢𝐧𝐤 𝐢𝐭´𝐬 𝐚 𝐃𝐞𝐠𝐞𝐧 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲
https://read.cash/@BitcoinBaby/why-i-do-not-dca-and-think-its-a-degen-strategy-14003b45
If you think 🤔 the market is bad today.....
Let me warn you.... crypto Market will be worse tomorrow .
Enjoy the weekend dip😈
Thanks to all my Noise Friends that took a second to vote for me on TORUM.
I have made 5th place for sure earning me 540 XTM in the free writing contest!
That is $10 atm, but at the same time that is what you can make with a year doing your TORUM daily tasks.
And that might be $540 in the next bull run, but for now, it´s the honor of being top 5!
THANKS
Why I do Not DCA, and think it´s a Degen Strategy
**I have been calling this out in the past and I just thought maybe it´s a good time to explain it once more. Especially on a red weekend like this!**
**DCA-ing is for Dumbo´s, it´s for people not in tune with the market. Good luck getting rich if you put in the same 50 dollars in the same 5 coins each month and probably on the same day.**
**Because I am pretty confident that if you started doing that these last 6 months or these last 60 months it will work for you.**
**If you started doing that two years ago, sorry mate that has got to hurt.**
DCA = LAZY
As I mentioned in the past the DCA strategy is lazy, you do not have to think or keep up. You just throw money in a jar and hope one day that jar will overflow. And know the market principal it will.
Still, if you did it for the last 2 years that´s 24*$50= $600 invested. Now there was a year of bull and a year of bear. And I will be nice:
On those 300 dollars, you put in during 2021 by quarter you will have an average loss of 50+%:
2021:
Q1 an average loss of 40%
Q2 average loss of 60%
Q3 average loss of 50%,
Q4 average loss of 80%
2022:
Q1 average loss of 70%
Q2 average loss of 60%,
Q3 break even
Q4 break even.
So on average, you would have a loss of 60%, so your portfolio is worth about $240 right now (if you bought the best-preserved coins).
Nobody Is Perfect
Now my name maybe nobody but even I am not perfect.
I F´ up more than most, but this crypto thing is where I feel comfortable. So as I like to do the opposite I follow the Constanza Rule, sort off.
Yes, that does come from our favorite Seinfeld character George Constanza. The biggest F´up of all, until he stops following the masses, ignores his gut feeling, and does the opposite of what he wants to do.
Once George started ignoring his human emotion and did the opposite of what he felt like doing life started shining on Georgie boy for the first time ever. In finance and crypto, it´s the same.
It´s probably my mentality, but I am following the Constanza rule by nature, which is why I do not get people in the market.
**We all know the meme below:**
Now if you think that it´s funny, you probably bought it on the right-hand side and you feel a little stupid.
Don´t!
You are just human, it seems.
Human behavior has led you to follow the masses, to FOMO in as they call it so nicely. And 90% of the people do.
Those are the same 90% that will not be reading this article because the hype has died down and they took their losses and got out of the market. Only to return in 2025 when the narrative changes and the media and their friends light the FOMO inside their human brains once again.
No FOMO Please
I always learned that fear is a Bad Advisor. And a famous rich guy told me to buy when there is blood in the street.
Well right now there is not just blood, the streets are cluttered with body parts oozing blood and it´s getting worse. So why are people not buying?
**Fear, my dear Watson.**
People are frightened
The media is filling heads with scary stories. And if that isn´t enough, if they were holding on to that last bit of faith that things would get better in 2023.....the FED just took their last bit of hopium.
Yes, we are in the longest crypto bear market ever, but markets move like the ocean. They pull back, they pull back even more, they stabilize, and then another Tsunami hits. If you have been DCA-ing your butt off, that Tsunami will return all your funds with interest.
Why
Because you are rewarded for not doing the human thing, not getting scarred, and not getting out.
But you could have done so much better if you would have been even less like Georgie Boy. If you had followed the Constanza rule you would not have bought at all in 2021´s Q2, Q4, and Q1 & Q2 of 2022.
You would have sold your buys in Q2, bought back in Q3, and sold in Q4 of 2021. And you would not have started buying till Q3 of 2022.
Why
Because you would sell when others were buying, you would wait till others were selling to start buying again. You would do the opposite of the masses and today near the bottom of the bear market you would have been in profit and happily DCA-ing the dip.
Which means that at a certain point you say this is an interesting point to buy and then buy in every 500-dollar drop.
While doing this you should keep swing trading a bit on the side. Because the bear market still offers frequent opportunities to make an additional 20-30% per trade.
As long as the market is not out of this downward trend chances are 90% or more that if one of your coins has a 20% rally it will be followed by a 25% dip.
So just do the Constanza thing and sell when things go up, and put a buy order in 20% below your selling price to buy back when the others are selling.
If you are in tune with the market you will notice when things are really turning around.
Bottom Line
Once that happens keep thinking about Georgie boy.
The market is finally going up means people will take profit, too early. And after that initial sale of around 30K people will FOMO in once again and that´s when things get interesting.
That is when I start DCA-ing my sales, every 500 dollars we go above 50K I will start selling little pieces of the stacks I have accumulated during the longest bear market ever.
Fun Fact: I will be selling to the same people that bought at 50K last bull market and I will not ask them why they are back....they can't help themselves they are human just like George.
**Thanks for the read!**
**Please hit that like button,** **it's one of the few free things in life!**
Post Scriptum https://read.cash/@BitcoinBaby/pimp-your-post-with-dyi-gifs-e525c0c0#post-scriptum
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