Tuesday, July 5

Top Crypto News of the Week: Bitcoin Back Below $ 50,000, Child Prodigy Gets Crypto for Christmas, Whales of ETH Selling, and More By CoinTelegraph

© Reuters. Top Crypto News of the Week: Bitcoin Back Below $ 50,000, Child Prodigy Gets Crypto for Christmas, Whales of ETH Selling, and More

First thing’s first. I wish you all a happy and prosperous new year. A special thanks to my regular readers who are always writing me with good and interesting comments. We can not complain. 2021 was not bad. Of course it was a complicated year in many ways. But if we go straight to the numbers, the numbers are pretty good. He increased 19%. increased more than 22%, the S&P 500 more than 27% and more than 75%. I repeat: We cannot complain.

Ok I understand you. Certain. We did not meet the Bitcoin goal of $ 100,000 this year. But it is best to think in terms of growth. Did we grow up or not? Yes, we grew. While it is true that we did not grow (in percentage) as much as in 2020, we did grow significantly. In addition, the fact of not reaching 100K before the end of the year does not mean that we will never reach the goal. We have to see it as a delay. What happened? Well, things got complicated at the last minute. The logistics crisis, inflation, the pandemic, and announcements about a change in monetary policy. The development of new events changed things. In a matter of weeks, the future changed.

Many in this space are promising villas and castles to raise the spirits of investors. I guess predicting is free. In fact, many live on illusion. For some strange reason, many think that if we are optimistic, the market will meet our expectations. Will power or something like that. Ask the universe and it will be given to you. However, the smart investor does not fall for lies. In this business, you have to be cold and calculating. He who gets excited loses. Many on social media seek out followers by telling people exactly what they want to hear. There are plenty of charlatans here. Eye! I wish you good sense, discipline, patience, and a cool head. Welcome 2022!

Read the full article on Cointelegraph

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