Looking at the crypto currency markets it seems like the moment the clocks went back and the dark nights have set in a bunch of 'smart' seed money has entered the game. Are they working up to a Christmas bull run? do they think a bull run is on the cards in 2023?
Doge pumping 100 percent. Much wow.
At the minute i'm starting to get excited, basically because of the timing. Are people still desperate to make money? because i mean face it join the back of the queue if that is the case. Maybe the money printing has been so fierce that it will make its self evident regardless?? Maybe the savage bear market that felt like it was just getting started is actually over?? Its a possibility to me at the moment, purely because of the timing of this action.
Every cycle we seem to have a huge calamity, probably Mt gox early days upto 1.2k. Bitconnect in the run to 20k and then Terra Luna up to 60k. I remember reading the whitepaper i think to some of these DeFi coins in 2018 and thinking wow they are just constructing huge elaborate ponzi schemes. Ponzi schemes as we know do very well, its just the nature of the beast.
I wonder what will be the huge disaster for cycle 4?, look out for it because it will probably sure exist. Almost like a funnel for all the hot money. When you see the steam rising somewhere on the horizon it's time to run.
Sure to be interesting but starting to get excited to be honest. You can usually sense it and at the minute feels like it's actually BOTTOMED OMG.
