Lots of energy building in the crypto markets
Comment
I know plenty of Openhanders got into crypto, especially at the back end of last year as the market was rising strongly and it was looking clear we were entering a new financial paradigm on the planet. So what happened the last 6 months and where's it going now?
My sense is the shadowstate have been putting the breaks on so as to catch up - they've lagged behind but can now see the enormous value transitioning. So particularly with Bitcoin they've been "short-selling" large amounts to drop the prices as regular investors have pumped it up somehwat. I watched these waves of rising and falling for some time. You could even predict some of the key dates they'd do it around - the 13th of the month for example, or Friday morning ready for the traders to have a weekend off!
However, what's seemed to happen in recent months is that the peaks and troughs have gotten smaller and nearer together. More and more regular investors are getting into crypto - the number of private wallets has over doubled this year alone. My sense is the shadowstate is less and less able to influence, although increasing regulation is on the way for sure - which will actually be stabillsing.
So where does this leave us now?
I can feel masses of energy and many more regular people coming into the space. I feel the market is about to take off again and hit some new highs by the end of the year. Adoption is happening at an exponential rate which is greatly going to challenge supply. I believe there's every reason ethereum will lead the show and the fundamentals predict that it could go up in value several times from where it currently is in this year. So if you've got ether, hold onto it! And if you're new to the space, consider it. HOWEVER, do be careful, as explained in the video below, when eth 2 is released (possibly sometime in Q1 2022) then those who've been staking ether will likely release onto the market in a large wave which could well dip the price strongly before taking off again in the months after - something to watch for).
What about the other alt coins?
There's a video below I want to share from well known and very savvy crypto investor Raoul Paul. Here's also said about the other alt coins that "in this market, a monkey could pick any 10 and succeed at least with a few!" It's because there's a tremendously fast adoption rate of various alt coins. The ones I've been following are: Cardano, Polkadot, Solana, Polygon, Ve-Chain and Tron. I still think XRP is ready to shoot to the moon when the SEC case against is finally settled - the projects that are being built out on XRP right now are astronomic.
The crypto space full of suspence and intrigue.
And crypto is reshaping the world financial market right under our noses.
Make no mistake, it is challenging the hegmonay of the shadowstate. It won't be a clear run by any means, but it's going to reshape society surely with more expansive consciousness. That can only be a good thing for the shift...
