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I really don't know if we're entering a period of economic contraction/consolidation. If we are, then it's the type of environment gold/silver often do well in.
Gold investors have been mocked for 12 years now. Interestingly, had a good relative year.
Are #stock participants adequately scared? Feels like they're waiting FED pivot any day to restart party. That this is a transitory pause. Lots of bias gets built after long periods.
Don't like growth stocks closing below that 10 quarterly bar moving average after 14 year run.
Cycles rhyme, but at times completely change. That's due to the influence of a Cycle on a much longer timeframe.
For example, #bitcoin 4YR Cycles wont repeat similarly forever. Below is an example of a "consolidation" 4-yr Cycle.
(Not a prediction - but a possibility)
Fortunately, for investors, it doesn't need to be about price only. Cycles give us windows of time to work with. And that gives us hope that regardless of the outcomes, we can strategize on how to have the right allocations at the right times.
And higher market cap level, you need bigger players and wider adoption. It might just be that the use cases need further developing, the technology iterated, and the friction to encourage adoption reduced.
This thread contains a series of polls to measure how much usage various blockchains have.
Real usage. Hodling is not using.
Polling for Bitcoin, Ethereum, Cardano, Solana, Avalanche, Polygon, Ripple, Litecoin, Dogecoin & Tron.
Please retweet to maximize votes!
Last post of year. #NewProfilePic
Got my old punk back! Was stalking it all year. Sad to see my Gold Bull avatar retired (since 2009) but times are changing.
And the grandkids will love rocking it in the Metaverse2048. Happy New Year.
https://t.co/byemXSUdFp…
I think Genesis files bankruptcy protection (early Jan) and becomes the catalyst for the #bitcoin bear market (4yr Cycle) lows.
Few crypto players (OG and new) would have escaped massive losses and capital tied up years this Cycle.
Expect slow and arduous path out in 2023
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