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Author Topic: New Year - The crypto economics  (Read 461 times)
aysg76
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January 05, 2022, 11:54:06 AM
 #61

My first goal as always is to finish the new year and make it to the next one a year from now.
This is something which we all are scared of at one point because this covid generated pandemic has produced a feeling of fear among all of us and some of us have lost their closed ones in past year.But hope we survive this year with new positivity.

Next goal is make the BTC stack grow.

2021 was my best year by far in terms of crypto wealth.
I also stacked more sats the last year through my DCA strategy because we need to secure our future as Governments are busy printing notes only and increasing debt limits in respect to which the inflation rates have been growing at rapid pace but they will never come on this topic.This made me to stack btc at the same rate and increase my wealth.Some will not understand this but for me bitcoin is the best option to have returns in future and have hedge guard against inflation which will rob you of all the fiat you have.See this thread :

My Past six months bitcoin journey

I would love 💗 to be writing in 2023 that 2022 beat 2021.

Much of that is not in my control.
We all are hoping for the same and my expectations are high from this year as well and wants to see PlanB analysis of $100k by this year coming to reality.But this may grow even more.But one thing is for sure we will see bitcoin growing and if you can stack sats you must do.

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January 05, 2022, 08:34:18 PM
 #62

My first goal as always is to finish the new year and make it to the next one a year from now.
This is something which we all are scared of at one point because this covid generated pandemic has produced a feeling of fear among all of us and some of us have lost their closed ones in past year.But hope we survive this year with new positivity.
I said the same thing everyone who asked me "what do you expect from 2022", I kept replying "2023". Honestly if I can see 2023 that would be enough. I had a very very terrible year in 2021, I mean thankfully not as bad as some other people, I have seen so many bad videos going online about people who couldn't be saved because of lack of beds, imagine living in a situation where you know you could save your loved ones, they are in a situation where they could be saved, but they are left to die because there are not enough beds. That was mainly 2020 to be fair but I am sure it happened somewhere in 2021 as well.

Mine wasn't "that" bad, but I had sickness in all of the family, covid, I did my own business and bankrupted, thankfully I lost all of my savings in that and I am not in debt but losing thousands upon thousands on your dream and bankrupting wasn't nice too, then lastly some health news that was even worse than anything else, almost death, and now we are back to normal thankfully.

2022 seems like it started nice for me, so far in the past few days nothing bad happened, after a year of almost every single day being bad news, I have to say I expected even these few days to be bad but it has been very good.

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January 06, 2022, 11:41:33 AM
 #63

Happy new year to all!! Firstly i gain much crypto experience in 2021, but now implementing crypto changes in 2022.
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January 07, 2022, 07:25:04 PM
 #64

I had some ups and downs last year despite that my monthly average income has increased a bit compare to 2020 during the COVID-19 pandemic. But of course, mostly I lost money because of the bad trading and investment decisions that I've made especially in memecoins and shitcoins without doing my own research.

Right now despite that the cryptocurrency market is unpredictable, my goal is to manage and diversify my finances very well. Coz' as of late, I didn't monitor how much expenses I've spent every week, month, etc. So I am going to make it a habit starting today.
It is normal, we all lose money during trading and 2021 was a weird year, we had so much volatility and it is normal that you may not end up with something special, sometimes we all ended up losing money in a big way. At the end of the day, we will be prevailing as long as we are in the crypto world, so all in all I have to say that there is this weird situation we are in where we could make some profit based on just yearly ups as long as we hold it, which is weird because not many things in life gives us this much profit with this ease and yet people are still not sure about it.

Like how many things in the world could you buy and do nearly 2x every single year? Bitcoin is one of them and yet people still lose money because there is still this feeling of "get rich quick", people still do not believe the long term benefits of it and that is why we still lose more money than we should.
Most of the time people lose their money in the markets because they are simply expecting too much out of them, they want to generate profits so quickly that in their attempts to make some quick money they get the opposite results.

It is ironic, if instead people went for a method to make profits that was slow and focused on the long term then they will get profits at a fast pace, it is counter-intuitive so I do not blame people for not realizing this when they first invest in the market, but after a few years I would have guessed most people would have figured out, but it seems this is not the case.

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Congyang
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January 08, 2022, 03:53:07 PM
 #65

At least, we should still be thankful that despite of all those negative events in our lives from 2021, we are still given chances to live healthier and definitely more positive to see what 2022 has reserved for us. We are now starting to live a new normal so definitely, this 2022 will bring a new beginning for us.

Well, i must say crypto has been good for me in its previous months even if i have incurred losses but its all nothing when it comes to my profits gained. And i really hope that this year, bitcoin will experience the most awaited bull run as everyone is really looking forward for it to happen. But seeing the market has not recover yet, then we have no other thing to do but enjoy the ride and buy those coins we think that will have great potentials in the future.
expectations are too high without being accompanied by research because it always sees some people speculating to be some obstacles about it.
we have seen how some time ago many people had high expectations about bitcoin so they forgot about the new ATH and just focused on the $100k figure.

so that when there is another correction they are confused because their expectations do not match the existing reality.

speculation and expectations are indeed quite good but this must be passed also with observations that there must be a second plan when this cannot be done
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January 09, 2022, 05:49:38 AM
 #66

at this time we are opening 2022 with a market that everyone knows about the situation but for me personally at the end of the year is the thing that gives the most opportunities to add crypto assets by participating in events from several local and non-local markets so that in the new year 2022 we can still blowing the trumpet with joy
Lol...i find it very difficult to understand you, it take me time to understand exactly what you are narrating, but try to understand that cryptocurrency don't have a specific timing or duration for it's acceleration in crypto market sphere, what brings the jubilation in cryptocurrency market of bullrun is demand and supply, so immediately the demand is higher than the supply the market of cryptocurrency changings shape, so the market doesn't come to bull due to monthly prediction or annual prediction, it's rotational in cryptocurrency and the price is not stagnant..

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January 09, 2022, 07:26:53 AM
Merited by The Sceptical Chymist (4)
 #67

2021 was a great year for me but one of the mistakes  I made last year was not having a financial goal for my self, all I had was like a waste because their was no target for the year. I have Learnt my mistakes which won't repeat again this year. This I have already draft my an for  the year and investing is one of the goals have set this year. I believe it is gonna all come out for good because I have set good goals this year.
Actually, not everyone believes in drafting out a plan/goal for the year, they just do things the right way and watch it work out or not for them, at least we all know what's right or wrong in our heads, we all know when we should save and not be extravagant, etc, but if you believe in setting/drafting out goals, then it's also fine, it also has its advantages as I feel it can make one more serious about actualizing the set goals, I wish you all the best mate.
Most of the time people lose their money in the markets because they are simply expecting too much out of them, they want to generate profits so quickly that in their attempts to make some quick money they get the opposite results.
We always have the "get rich quick" investors in the network, this are individuals that do not have any patience and they just want to get rich after a few weeks of investing, this of course will cause them to make mistakes such as choosing the wrong investment, or falling into the hands of people that will scam them, there is no quick money and until people realize that they will continue to lose money.

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