Remember how stagnant the majority of 2018 felt? Even a good chunk of 2019, for that matter. Well, I'm pretty sure I am not the only one getting a distinct feeling things are spicing up a bit overall. Obviously Bitcoin got the show on the road (just like the last time) with it's dramatic pump in price from $3000 back up to nearly $14,000 before taking a breather. I reckon this is the primer with the "big" moves still waiting patiently in the wings.
First off, those who say there will "never" be another altcoin season again, are talking out their asses. What drivel some people come out with, honestly. If you're holding onto alts, chances are they'll also go up when the markets reverse properly. Just like the last time. The only worry you'll have is which ones will sky it more than others. It's kind of a gamble for us, in some ways. But a "calculated" one, if that makes sense. I'm still throwing in with STEEM as well as a select few alts. The others being more of a hedge than anything else. So please, don't be dumping all your bags for Bitcoin just yet!
I'm also hearing more talk about the regulation of crypto. Be it taxes or governmental standpoints concerning how they regard crypto. I was actually really surprised to hear positive comments from none other than Mr. Xi Jinping about their tentative bullishness when it comes to Bitcoin. And that can only be a good thing because the faster these countries understand that crypto currencies can't be stopped, the better for themselves and everyone else. The Pandora's Box has been lifted wide open for all to see and can never be closed again. Just like the Internet itself. So yeah, China looks promising, which is a great thing considering how much mining and crypto-based activity goes on there.
We're a small marketcap. I mean crypto in total. A smidgen over $250 billion which, for what the space is trying to achieve, is a literal drop in the ocean. Are you aware just how early to the game you are? How lucky to be one of the first few to discover and capitalize on this opportunity of a lifetime? This fact can get lost on me at the best of times, due to my consistent and extreme exposure to crypto on a daily basis. But it is the truth and it is happening before our very eyes. The rewards are potentially mind-bending and the world beckons.
So yeah, I feel the difference in energy when it comes to crypto. Returning YouTubers, more gossip and rumour stemming for governments, much more analysis of chart readings. The pot is simmering, but the "real" action is yet to come. Thus it's a time to be postive that you're involved somehow in all this. Regardless of which ever coin you support. It doesn't really matter anyways. Too early for all that "comparison" talk. Right now, speculation alone can garner huge profits. All you gotta do is... HODL. Simple, eh? :)