In the Chinese year it's said that 2021 is the year of the bull and that's a hell of a synchronicity with the massive bull market that we're gonna have in crypto. I have no clue where's it all going, and how high it will peak, but I am 100% sure it will be epic. I still stand by the idea that what we've had so far on the market was just warm up and I'm highly excited about the year ahead.
That comes from someone who missed the 2017 bull market, thanks to lack of crypto education, vision and too much greed and wishful thinking diluting the reality. I've come out of a two years bear market alive and well, and I'm still here more confident, excited and educated about this space. I can almost say I'm breathing this thing.
I have often called the year of 2021, during conversations with friends or family, the year that I'm turning I will to I am, or the year of the alchemist. Many hopes, dreams, day to day life goals and the need for a shift have been tied to crypto from my standing point. It's been the hook for quite a while and it will finally pay off.
One thing that I will do this year in crypto, which I haven't done so far, is to take profits. I have taken out my initial investment so far through a few good trades, but haven't yet cashed in the golden bags of my initial investment. I can't say I have tasted the fruits of crypto investments so far and that's one thing I will for sure do this year of the bull.
Will for sure DCA because I have no clue where the top will be and how long will it take the volcano to blow. I also know myself often times being lead by extreme emotions, hence unloading bag after bag in a pr-emania phase well designed scheme, seems to be the optimal exit strategy.
Taking profits from crypto is definitely something I've been longing for a while, a matter of fact I'm waiting that for almost four years, but once completely on USDT those are gonna represent a fix number on a screen or in my savings account. You don't have much earning options with that once you've parked yourself on USDT or any other stable currency.
What will push me further with the flow of crypto will be this content creator badge that I've took for myself. I've mentioned that to people around me for around three years now, that at some point I will be able to make a living out of this and very often I got hit with the question: when will that happen?
Well, the answer is: as of 2021. I am highly confident that if the dollar valuation of all the tokens I'm able to earn online right now won't ever get under the 2x the level they're now, and presumably will get a 10x minimum during the mania phase I will proudly turn the board of I will to I am in regards of becoming a content creator as well. A decent paid one.
Yes, I have thought well on the future bear market that's to come once we peak and my take is that we won't see prices under the current levels. If we consider the current levels as warm up time then how can those dip below the warm up time, once they peak and start falling. I might be wrong, but seeing the developments that are taking place in this space and the ongoing mass adoption I doubt we will ever get where we are right now, hence I do have a certain degree of certainty regarding a decent minimum revenues from content creation even during a bear market.
Soon after I joined Steemit and while I was still a newbie in this crypto space, I had this vision of tokenization of everything and we can see that unfolding as we speak. Three years ago all we had was Steemit and STEEM. Now we have HIVE, LEO and all sort of other second layer tokens, we have DEFI on Hive, all sort of lending opportunities where one can earn interest even on stablecoins, we have more and more social medias rewarding content creators with crypto and we're just getting started. Multiple income streams key achieved.
At one time in the future it will become a burden to just cross post to all the platforms that will exist. The I will have multiple crypto income streams gradually alchemizes into I am having multiple crypto income streams. We haven't seen what project blank and other goodies around it have to offer, but the way I see @taskmaster4450 getting excited lately, it will for sure be massive.
Last but not least, the ability of spending crypto around has taken shape for me, and it was just a daydream a few years back. I was just playing with the idea of being able to directly spend the crypto I earn, at some point, instead of paying a few layers of fees just to convert it into my native currency. That's massive for me, a person that hates banks, corruption, centralized social media and the surveillance state that we're currently living in.
Summing all up I'll say that 2021 can be called the financial freedom year. It's the year when I will... becomes I am...doing all of that above and it's a door opener. Yes, a bear market will follow, but it's a bear market that's probably not gonna take crypto to even the levels we're currently at, and it's one with much more financial perspectives that the previous one.
Meanwhile I am highly confident about all the above stated and excited about the future in crypto. For many of us the current times we're living will finally replace the fiat based mentality with the crypto one. Some will probably think more in crypto prices than dollars or euros, and whatever currency every nation has. At least I know I will...
I know, this might seem just another fairy tale for some, but that's not the case for me. Without this fairy tale though I wouldn't be in crypto today, I wouldn't be creating content every freaking day and would have definitely not survive the bear market. Have a great day folks and see you to the next one.
Thanks for attention,
Adrian