Hello everyone, happy Sunday to you all. Today is the start of a new week and Monday is already upon us, but I don't have to worry much about the heavy workload of Monday coz I am going to be at home throughout the day just working on some coding projects.
When I woke up in the morning, I checked on my readcash to see if there was anything new and then I noticed the value of the BCH in my wallet had gone down and I started thinking; "what has happened again?" I quickly went to binance to see how bad it is and my eyes almost popped out of my head when I saw the price 😆
At that point, I started having so many negative thoughts and the most prevalent one is: "what if BCH gets to $1? Is that even possible?". I can't find a definite answer but I will like to know what you all think: is it possible for BCH to fall so hard till it gets to $1?
If someone told me last year that the price of BCH will get to $200, I would have gone into a very long argument explaining why it won't be possible but right now we are seeing BCH go below $200, will it be too hard to believe it will get to $100? What about $1? Too extreme? Recent activities have shown us that nothing is certain in the cryptoverse and what we think isn't possible might just happen in the next minute.
To be honest, 2021 still remains the best year for BCH. Although I haven't started earning BCH when it got to its all-time high of $1600 last year May, I met it at around $700 and that was also the period where readcash was filled with lots of activities but sadly, things have been a bit quiet around here these days
BCH is the fuel that runs this entire platform, so it's not surprising that everyone (including rusty!) is feeling down just like the price of BCH is down. When will things get better? I honestly don't know, a lot of people are saying the market will remain this way for a long while and I feel they are right. I am not a crypto expert and even the experts are also not sure of the future of the market or when things will turn around.
I tried applying some of my knowledge of forex trading into the BCH market to keep track of the price and try to predict where it will be in the future, but it never worked 😆 and that's because cryptocurrency is a lot more volatile than forex currencies. Just look at BCH losing over $20 and Bitcoin losing as much as $3000 just within 24 hours, that's something that can't happen in forex and that makes it more difficult (I will even say impossible) to predict the crypto market.
What can we do right now?
There isn't much we can do right now than to just keep waiting for things to get better, unless you're a crypto whale with millions of dollars hidden somewhere and ready to invest in BCH 😆. Like I mentioned earlier, activities on readcash have reduced drastically and it seems a lot of people are getting tired but I guess most people are just too busy with things in the real world.
And also, I have a feeling that some others might actually not be feeling too well. I haven't been seeing @Bilqees for some weeks and I figured something was wrong because she just suddenly disappeared one day and it turned out that she has been battling with her health for a while now and just recently started getting better.
@Daria also disappeared around the same time as Bilqees, I hope she's ok as well. We should always endeavor to look after our health and learn to take a break whenever we are getting too stressed out, it's no use working yourself to death just because you want a better life for yourself, don't lose your life while trying to make it better, prioritize your health always.
Thanks for reading 💖💖💖
Sunday June 12, 2022
Omo, I don't usually check price in my wallets, because I don't want my heart to be broken. I had to checked it today and that's when I saw it too, right now, all I can say is maybe Nigeria president bought crypto, “No comment from now”