Today, I woke up not feeling too well, as I felt a sudden throb of pain all over my body. It got me thinking about life—its existence, its meaning, and why we are here. A lot of questions came to my mind, questions I couldn't even articulate.
Then my thoughts shifted to the animals in our garden; I needed to feed them. I managed to go out and get several feeds for the goats since they can survive by grazing. Next, I went to check on the rabbits. While trying to feed them, I remembered they have been with us for the past seven months and are yet to give us any offspring. I felt bad about this and thought about arranging for them to mate. Unfortunately, the male rabbit I bought along with them died about a month ago.
What frustrates me is that despite taking the rabbits out several times to mate, nothing has happened—they just keep eating and eating. To make matters worse, I lost one of them recently due to a lack of air for just a few minutes while it was inside a car. It was so unfortunate. What keeps me somewhat hopeful is the fact that our hen is reproducing. However, the challenge with the hens is that they don’t seem to know how to raise their chicks; most of them die before reaching maturity.
Another interesting part of today was the surge in the price of some newly launched cryptocurrencies. One particular coin caught my attention—TrumpCoin, which I believe is named after the newly re-elected President of the United States. It’s not surprising to see the coin skyrocket within minutes of its launch. A friend of mine shared how he lost a significant amount of money trying to short the coin on futures trading when it was around $39. He had assumed the coin would dip further. When he called me today to talk about it, I couldn’t help but laugh at his loss. Coins like this usually pump for at least 24 hours after launch before showing any clear trend—whether they will moon or dip.
The cryptocurrency market is difficult to predict, particularly when the driving forces are unknown. Human fear and greed are major factors influencing such volatility. In the case of TrumpCoin, it’s likely to pump further because many people would want to capitalize on the hype surrounding the newly re-elected president. However, it may dip later, perhaps after his inauguration.
The truth is that no one can predict cryptocurrency outcomes with 100% accuracy. Developers might have insights when a coin is newly launched, but the market’s volatility largely depends on factors such as the number of holders and investors. Once whales and big players decide to dump the market by selling off their stakes, the market is bound to reset and dip further.
