FRIDAY MARKET MUSINGS

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Holy shit! It's Friday again.

I almost forgot. Sometimes I lose the day of the week and still live somewhere in the middle of the week while the weekend is just around the corner. Because of my leaf raking adventure yesterday where I forced my back quite a bit, I completely lost that it is FRIDAY. Well, that is… I somehow realized it's Friday, but I was just thinking I should write the CINETV Newspaper, and the BRO Newspaper today. Tomorrow I'll be busy making a Halloween artwork, and we're going to take that Halloween artwork with us on Sunday when we visit a good friend who we've been invited to eat with. There we will enjoy the Halloween artwork I have to make tomorrow. Oh, yes of course… I had yet to tell you that I'm going to make a cake. Well, not just any cake, but a work of art cake.

Note to myself, "Don't forget to take pictures"

It doesn't matter, during the creation process I will take pictures! And after the weekend I will probably write a blog. If I can at all sit still and type that blog by then.

Talk of the town

Take a quick look at what's important today. And today the talk of the town is, of course, the takeover of Twitter by Elon Musk. Ah, good old Elon Musk, he did it. Although he did try to get out of it at first. But Twitter didn't let the $44 billion pass them by. And can you blame them? Frankly, I would have done everything I could to keep him at his word. 44 billion is not nothing. You can do something with that. So for Elon, there was nothing else to do, then just "STICK TO THE PLAN". And so he did!

Freed the bird

Anyway, what's going to happen to Twitter now? Elon reportedly made his entrance into the office yesterday with Twitter, and was seen walking in with a sink in his arms. Of course this video could be found on Twitter! You certainly didn't expect anything else.

And according to reports, he not only made this figurative statement but also immediately fired the Twitter company top, where one man would have been literally kicked out of the building. Well, if you do something, you have to do it well, Musk must have thought.

Is now the time to buy Twitter shares?

But actually, I wasn't that interested in what Musk was up to in the Twitter office. I also read somewhere that Musk would have said that he wants to take Twitter off the market again. And then it is of course interesting to take a look at what Twitter's share is doing on the stock market today. For the time being, it seems that this rumor has not yet reached investors. Twitter's share is still in the green today. It is of course also possible that something has become known to the shareholders about how the withdrawal from the stock exchange can be realized. Does everyone get their shares paid out? And how? Or will Twitter eventually just remain listed on the stock exchange. Many questions.

Hmmm, Tesla also in the green

I also found it interesting to see whether the Tesla share would have risen or fallen in price. And Tesla is also in the green. Hmmm, mr. Musk must be doing something right somewhere.

Also a green day in the crypto bear market

And what about crypto today? And actually I come to the conclusion here that we may be in a bear market, but that it all looks nice green today. Whether there will be another big drop down, I don't know. As is often the case with crypto, it is unpredictable.

The Euro is recovering too

Yesterday also came the news that the euro is worth slightly more than the dollar for the first time in a month. Interest rates in Europe have also been raised again by the ECB and they have announced that they will continue to increase until inflation is under control. Normally these are not favorable conditions for financial markets to flourish, but perhaps this time investor confidence has actually been boosted a bit. Overall conditions remain unfavourable, making it difficult to predict what might happen. Now I don't worry too much about that because let me be honest… in crypto a day is an eternity. So much can happen in a day, and although people shout a lot, it is simply unknown what is going to happen.

Surviving tips for a bear market

The way to survive a bear market is to make sure you have stable coins so you can DCA all the way down, and getting a passive income from DEFI or STAKING is also highly recommended. Except that? Live from day to day and don't look too far ahead. 100,000 analysts are active, one is even more negative than the other and sometimes they have completely changed their opinion in a day. Some get it right quite often, others almost never get it right. None of them are 100% correct, and in the end I think it depends more on what kind of goals you have with crypto. Do you want to get rich quick? Then you may also be completely wrong here ... because although there is enough to earn with crypto, the risk of losing everything is also very high. Ultimately, there are also other important circumstances that you can exert little or no influence on.

Stick to the plan

Have your goals clear, and stick to your plan... make passive income and do your homework! Check those white papers, check the team behind a project and never forget that whatever you do… you will in the crypto world also have to work for your income. What kind of work you do for that, that's your choice!