When tough gets going, you will go crypto at the end. This last week of October is showing its faces the way many expected. Hard to put a timeline into the world economy as we know it lately. It has been unstable to say the least. Many majors companies in the tech sector have not been doing so good as they always do. It causes a problem going forward. I think many will start to separate the economy from a prospective of the market vs real life.
Weird to say #McDonalds is doing good cause they look the least expensive in the court for fast food, while independent restaurants are closing doors due to lack of support and employment. It is like everything seems upside down. I saw #Cramer telling his followers sorry for suggesting them to invest in #Meta. It is hard to tell where to park funds right now. This is why I am waiting for mid #November to feel how the economy will behave. Emotions play a big role how we perceive the economy.
I was reading the other day, Europe has way too much of #LNG for this winter. They don't even have depot to hold them. Price went negative to that effect. This is truly the supply chain unable to calculate how to process data. As you know adaptation is what humans are good at. In the same line crypto is around, assuming control. While the traditional market is severely volatile, crypto looks to capitalize in the long run.
I do not see a run to buy crypto but I do not see a run to sell and drop crypto. You definitely get the memo. Nature hates emptiness. Assets will have to go where it is safe to transact and quick to move around. As you look deeper into crypto, it is not a question of what will it do for the world, it is more of when will it take over. When you see meme coin trading like crazy it is an announcement that folks are looking for the next big thing.
This is why looking into crypto should never translate now about price point. It should be the validity of the project and having #devs waiting on standby to make it work by all means. Do not forget crypto means different things to different folks. As long exchange can perform and it is quick, you are set for success. It never hurts to practice in daily cost average in the crypto you believe.
In the long run markets do rebound. Time never plays nice if you do not have enough. After all life means nothing if you can't enjoy the time you have. While we are all watching the enfolding of the world market, plan, prepare and hold. Crypto is what we can control.
Keep on vesting.
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