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3 years ago

The buyers lifestyle - 1st Draft

There was a moment when the crypto ecosystem was very young, that was about a decade ago during the 2008' market crash. The bitcoin algorithm was just gaining traction and Elon Musk just sold off PayPal for the many millions he got to inspire spaceX and testla ( these two almost died but Elon is a fighter and word has it that he could be Satoshi Nakamoto in disguise) during this time it was extremely easy to get your hands on any one of the crypto, apart from the shitcoins, there was the bitcoin, Ethereum, Manero, lightcoin amongst the others. If you got some bitcoin and forgot them it was during this wave. The many day one bitcoin millionaires were just pc junkies at the time. A couple of years later the crypto market was loading with shitcoins most of which where nowhere over a dollar while bitcoin and Ethereum rose above them all, the others phased out.

Then there was the hundreds phase, the traction pick up was crazy, bitcoin was picking up over 200% every other year bringing more attention to the crypto markets and trading in general. During this time only super dedicated and retail traders where trading, if anything at all.

As the bubble approached, most retail traders like Charlie Burton were heard saying that bitcoin Bublé would burst leaving the holders high and dry. But it persisted into the top thousands where the real Bublé formed around 10K, the traction was crazy all the while no one thought there would be any action to pass the 10K resistance. This is the time that I hoped on the trend as bitcoin lowered to 6-8K, it kept flactuating there, I made some gains but wasn't too interested in cashing out due to the noise around that it's a Bublé forming and it would burst soon. Some of my then role models like the author of rich dad poor dad was heard saying that bitcoin is no asset because at the time gold was still much higher than bitcoin. This send bitcoin back within the 6K support. Some more publicity later had the crypto community rose in numbers which brought bitcoin back to the 10K range. During this time my trades had been liquidated already or whatever happened to that account because I was busy selling and buying on FOMO.

The last sells I had done was around 14 K , from 10K resistance there was a period bitcoin kept surging to dip, like a whole half year or so. But that 14 sell was with some gains I made at 8K and left it for about the same time it kept trending sideways. It was a bad sell, bitcoin went surging for the 20K resistance. I'm sure that account of mine is still in the red, I never checked on it but I've adopted the no selling all buying mindset. Which became all easy, just buying the dips instead of sniping the bullruns. I enjoyed the last kisses. Bitcoin has the maddest last kisses ever and this time it went shooting for 41K just towards the end of last year. Estimates had it that the next resistance would be 50K then around 100K by 2021 end. This caused a bad correction a week or two ago which just got elevated today from 30K to 37K. Now that's mad gains. Bitcoin is breaking records with estimates that it's the best asset of all time but great investors like Warren Buffet still doesn't approve bitcoin as a sustainable asset for one reason- it's digital, says the penny stocks investor who held for tens of years. The bulls keep buying the dips just growing the portfolios through the good bullruns and the bad bear drops. Its really exciting to observe the feelings and emotions on the charts that are clear indications of bulls or bears dominion inspired by the pandemic scam and elections more especially the trump exit. Investors and whales pumped gains into bitcoin for assurance while we grow our cents into dollars into hundreds giving birth to millionaire sphere ideas. Which is very viable, keeping up the momentum by stiring up noise on the mainstream media has greatly helped the bullruns. The next one is estimated to keep going up until mid-year, some of these predictions and estimates are based on astrology and astronomy because these impacts the feelings and emotions of the people. For most of us, we never selling the top crypto again, self certified buyers. This is the strategy to into the millionaire sphere. Nonstop. All the forks have to be bought because they rise together then you cash out and leave it to raise and drop them buy the dips again and just like that it's becoming a lifestyle with the crypto ecosystem pumping the life into the lifestyle. There is no way but up, this is more especially when you cash out and just watch the portfolio gain with the prices, it's the safe haven for most traders who are avoiding the centralised fiat controls.

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My personal saving grace, the crypto ecosystem has been and still is.

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3 years ago

Comments

Truth isn't just rules and morals Truth is a person Follow your rules... Hello, I'm a newbie here 🤗

$ 0.00
3 years ago

I agree with your opinion. And also for me this crypto currency has been my salvation and continues to be.

$ 0.03
3 years ago

Its the whole mass decentralisation. Without this I don't think most of the world can be truly free. Its already hard to be free as it is.

$ 0.00
3 years ago

Nice story, thank you for sharing it <3

$ 0.03
3 years ago

Love and light 🙏

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3 years ago