So like I've been telling everyone for the last year now. The bull is coming to hive. Just like it's coming to every shitcoin under the sun, and this is just the start of it. We've only just begun. We're at the point where everyone's ears are starting to prick up and suddenly everyone will be able to quit their McDonalds job again and ride that crypto train to Euphoria.
I've been analysing the charts as of late, something I'm not very good at when it comes to day trading, but when it comes to long term patterns I'd say I manage fairly well -- and I expect this bull market will be no different to the last one.
One thing that is remarkably similar is how predictive the Bitcoin charts can be. I think a lot of us that have been in the game for a while got confused last time around, thinking that because institutional wealth had entered the crypto market that it will never go down -- but how wrong we all were, how wrong I was.
One thing that was very telling in the last few years has been how remarkably dramatic and overly cautious a lot of people around me have been, how I have been -- and personally I think this is a good indicator of things to come. That last time around a lot of us who had not had a lot of money before, suddenly had money.
And if you held, and believed in what you had would eventually be worth something then I do believe the world will reward you next year. That's my take anyway. A lot of us are going to get extremely rich again, and hopefully we'll be painfully aware of the torture that will be the aftermath of this bull run.
I mean the last three years have been painfully bad; not just because our earnings were almost reduced to dust but also because prices have went through the roof. Basic necessities and just keeping a roof over our heads have skyrocketed over 300%.
Over these last three years people have been very negative about blockchain in general, whether it was normies who got stung on one of the many shit tokens that hit rock bottom, or OG's that were stung via the FTX and the LUNA shams - and it's shown over my discord with everyone going into their shells and being overly negative about everything, including hive.
Remember, at hive it's about the only place non skilled tech people can earn crypto, and sometimes a substantial amount at that -- that's why I tend not to knock it. Even if there seems to be a lot brewing under the surface, I tend to think these things will eventually sort themselves out.
I have the strong belief that humanity is tipped towards good. If we weren't we'd all be living in caves right now fending for shelter whilst the elite live a life of luxury.
Anyway, like it or not, the bull is coming to hive, and, even if you like complaining about it, if you get posting you can earn yourself some nice credits with your cornflakes.
Peace.
