To The Moon

Hi guys,

It’s a new week and as usual, we should be going about our normal weekly activities. Today I’ll be writing on something I’ve never really done before so let’s see how it goes.

I’ve only ever experienced one bull market and fortunately, it was the biggest of them all in my opinion; I might be wrong though but then since it was the highest Bitcoin has ever gone I think it can be considered as the biggest.

I was not very active in cryptocurrency until the last 2 years. I was an enthusiast but then not a big-time one. I didn’t actually care about a lot of stuff in the crypto market. I only bothered and knew about btc; just a bit too.

So last 2 years I took the bold decision of learning more and more about what I was very interested in. Up until now I don’t think I made a mistake getting into crypto but then along the way I’ve made a lot of mistakes when trying to predict where the market will move towards. If you put some money into the crypto space you’d definitely might have been through this situation countless times.

Sometimes certain events in the market or things surrounding the market affect the market in two ways. Some of these are mostly negative whiles a few of them are positive.

The xrp win against the SEC in the recent securities case have made more people to be confident in the crypto space. In the past people didn’t believe you could actually challenge the SEC and win but then after ripple labs win more and more people are confident and more people are getting into the crypto space.

But then can there be ever a way of predicting which way the market will go? I feel like when we predict where the market will go all we are doing is hoping that it goes to the upside so we can beg a lot of profit and cash out. For me, I concentrate on two or three cryptocurrencies.

Apart from the fact that I mostly have my eyes on new coins; cause they can easily be 100X, I also have my eyes on coins that I’ve liked or I think got potential.

For today I’ll only deal with two coins. First off, who doesn’t like Bitcoin? The king of all the coins. I do like it when Bitcoin rises even though I don’t really think it’s wise putting little money into it. When Bitcoin shoots I know there’s a bull market coming and it excites me. For now, I do see Bitcoin going somewhere around 35k(hopefully), for this year I think we’ll remain in the ranging market. This bear market has lasted for more than a year now and Mehn we must be tired but then what can we do?

The next coin I pay attention to is Ethereum. Most people don’t know but I caught Ethereum at around 400 dollars or so. At that time I didn’t have a lot of money so what I invested was little, but then at that time, I didn’t have enough knowledge so I sold it when I was still at a loss.

But then I still love the coin. I think it still have a bit of lows in it but then let’s see. After the Shanghai upgrade a lot of people thought we were gonna see the levels of 2021 but then we were wrong. Let’s hope we can see it getting to the end of this year.

But then how can I leave hive out? I think Hive is performing quite well for now. It’s been trying to break out of the 0.4 range but it’s been hard but then hopefully this month of August will see us get back to the 0.5 levels.

Predicting what the market or where the market will go is always hard but then let’s see if my predictions will go on well.

Thanks for reading.