We are hitting the third Friday of June and it is the same boring slow progress as usual for crypto. I have to say it is an okay boring despite the drop of crypto so far. I think June may be worst than May but compare to last year May was the worst. It does not matter what month is worst or not, we are trying to say above the market tumult.
This week many did power up some #LEO. it contribute to enhance the community and project the unity around the core holders. Everybody got hit. it doesn't matter if you are a whale or not. This is what the bear market is all about. The other side of the story, some may feel the pain more than others.
There is one thing that amount to what we see these days. In the US inflation is not a thing folks talked a lot since for a while it remains around 2%. Around the world some countries have been puzzling with 8% all the way to 20%. While the inflation is high in the States, employment has been low pushing more pressure to the inflation.
Crypto is going to be the equalizer around the world. Giving everyone an opportunity to build around their community. The message is rather pessimism while it bring challenge among crypto holders. I must say this bear crypto market carries a package of opportunity to help the unbanked to find reason to connect.
It will be painful to see FOMO when things start moving up instead of finding ways to accumulate during the down time. We know too well this is the market behavior for the long term. Going up up and going down and way down. It is the process of rinse repeat, sometimes one lasts longer giving the posture of one direction.
It is the ups and downs with a mix of volatility that is the heartbeat of a financial market.
Better be ready cause this down may last a bit longer for the sake of a situational trajectory.
Keep vesting