Today was one of the days where I felt like throwing in the towel on all things blockchain and crypto.
Sell everything and never look back.
The price charts don't look like an immediate trend upward.
Bitcoin is barely hanging around $8,000.
An easy drop could put Bitcoin back to $6,000 or $4,000. Quite a few people are bearish and some are wildly bullish.
Most folks sell near the bottom and buy near the top. I'm no exception.
So after a few moments of thinking how hard it would be to sell everything, I just decided to stay in and get laser-focused on the next steps.
We are early in the whole blockchain space. I'm always early. Aren't you?
Patience is key at this moment.
Despite many industry analysts calling Libra dead last week, I forecast Facebook's Libra will happen in the coming 12-18 months. As reported by Reuters today, Facebook is proposing to have Libra backed by stable coins pegged to a...
Are you like me and occasionally wonder if some other coin will be better than bitcoin?
I am such a strong believer in bitcoin that I didn't buy Ethereum for $0.30.
I didn't want to give up one bitcoin to purchase Ethereum.
In fact, I didn't buy it at a $1.00 either--or when it fell to $0.80.
Fast forward 12-18 months, I didn't place my first buy order until Ethereum hit $15. Then another buy order at $20. Of course, I bought and sold along the way generating gains and losses.
Why did I wait to purchase Ethereum? Maybe it could beat bitcoin.
In the below video, Andres mentions why Ethereum succeeded in the last several years. Will it continue?
Will another small coin overtake bitcoin?
Meanwhile, bitcoin continues to forge ahead and maintain its market lead.
Listen why bitcoin is the next bitcoin.
- 101 Blockchain St