I dont know whether its noticeable or not anymore but im very rarely on here. This is after being a member of this site since the year it came out.... My first account got kicked off in 2005 so i had to start a new one. lol yep.
Anyway, I made a shift from stocks to cryptocurrencies. Ill trade anything from bitcoin using 50x leverage on Bitmex to small altcoins with microcap market caps like a penny stock. Btw, im writing this just bc i feel like writing it. Anyway, back to crpto. Its looking like the market is becoming revitalized again. Altcoins aka every other cryptocurrency besides Bitcoin is starting to move upwards. In general the market moves as a whole as in when the market is up almost everything is up and when its down everything is down.. WAY more exaggerated than stocks. Of course there are plenty of coins that go against what everything is doing too.
Crypto is like trading stocks on steroids. They explode up, but in a bear market can lose 95% of their values. 2017 was incredible.. Tons of money was made, then the market crashed and has since been in an 11 month bear market. over the past month things have started to change. Altcoins are starting to make pretty significant runs and the volume is tricking back. I dont know whether people were aware or not but some coins ran for 100,000% or more last year.. ANYTHING you touched did a minimum of 10x. THen the market tanked and id say on average, the standard loss of value was 85%.. Now everything has been trading sideways.
I understand the technology after studying it intently every single day for over a year. Yes, people have some negative things to say about bitcoin and blockchain technology, but i fucking bet they dont really understand how it works and what it means to business, as we know it. People say its used to buy illegal things. Of course, all money is used to buy illegal things but there are endless use cases for this open source ledger technology but only a handfull of negatives. Just like the Tech bubble in the 90s we saw the crypto bubble burst, for like the 10th time.. This time we're going to see a long slow growth of the tech and the companies will grow with it. Might be 10 years before the tech is used to its full extent but you better believe this shit will change technology as we know it.
Im invested and i plan to make boatloads of money heading into this next massive bull market... This all of course as we see a transfer of wealth from stocks to crypto once the stock market rolls over. Its going to be nasty when it does.
