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RE: BTC - Are You On the $50k Train?

in LeoFinance4 years ago

Are bull markets more fun?

Part of what I have always liked about Bear markets is that it's amazing what assets you can accumulate at sometimes insanely low prices... a little money sometimes goes a really long way, and back when I was mostly in stocks you could buy stock in really good companies for less than the liquidation value of the company's assets, not even considering their product. In the crypto world, you also see some tokens getting beaten down and beaten down and beaten down...

Bull markets are like "harvest season" for me; it's when we get to see whether the "seeds" we bought at bargain prices really will torn into that "prize winning pumpkin." OK, maybe not the world's best metaphor, but I think you get the picture.

But just like the pumpkin, at some point you have to "harvest" it or it'll go past its prime... UNLESS you were just growing it for "seeds" to create even more pumpkins...

For the moment, I think we have a LONG way to go (9 months? 12 months?) before this growing season runs out of steam.

=^..^=

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