Today will not be a normal forecast. This will be more of a personal story with a 4-year forecast, because I had a hell of a day.
First of all, itΒ΄s been over 38 degrees Celsius for a couple of days now over here. And talking about, Celsius I was using that rug pull wallet for my NoiseCash and ReadCash earnings. Well not all, but it was holding my last 5 months' earnings.
With all the FUD going on I changed my Celsius withdrawal wallet on Saturday(which takes 24 hrs) and the plan was to move it out on Sunday evening. That Sunday evening I was like...well I am tired I will do it tomorrow morning.
Celsius Rug Pull?
Guess what, exactly that morning Celsius decided to halt all transfers and withdrawals.
@CelsiusNetwork is pausing all withdrawals, Swap, and transfers between accounts. Acting in the interest of our community is our top priority. Our operations continue and we will continue to share information with the community. More here:
Now IΒ΄ve been around the blockchain enough to know that this screams bye-bye BCH!
And if that would be the case it would be nobodyΒ΄s fault but my own. I was already aware for a couple of days that Celsius was having some liquidity issues. And if I had actioned my plan last night I would not be feeling as horrible as I do now.
On top of that, I had done my due diligence so I knew that Celsius overall was a pretty trustworthy company. But also that if you do not have the keys, you do not own the coins.
My Mistake
I took the risk, and it was not a huge amount, but it was BCH I typed my fingers to the bone for. Now all is not lost, it might take some time but even with the withdrawals suspended Cel is moving back up. Dead cat bounce, or were they able to find the liquidity?
ItΒ΄s probably idle hope by yours truly, but some indicators give me the idea that this might not be a Terra LUNA 2.0.
Anyway even if I do not get a satoshi back I can only blame myself.
That whole Celsius disaster was not the worst thing I had today. This Monday the 13th was a crazy day at the office, but the worst happened when I finished.
Imagine, since the morning youΒ΄ve been annoyed about Celsius, you had a couple of meetings where you needed to convince a difficult crowd that they did not have a choice but accept what you propose, and then....then this happens.
Those cheap butt bastards from Ryan Air are again not paying their cabinet crew enough causing a huge strike. A huge 6-day strike, exactly on the day I am flying back from my first trip to my family in 4 years.
Great, now I can go and figure out how I am getting back once again, including all the additional stress and cost.
The only good thing today was that Bitcoin finally stopped Kangarooing around and dropped towards 23K.
Finally, some movement
From here on itΒ΄s probably just another 5-10K to the bottom. and I have been DCAing the dip again today. This means I buy $100 BTC for every 1000 dollars it drops.
Now, I only need BTC to do a 10X in the next 4 years. If that happens the money I invested today, will allow me to cover all the Celsius and Ryan Air losses I had today.
That would mean that if my forecast is right this time, 4 years from now I will not be feeling this horrible anymore.
Have a lovely day, remember that hitting the like button is one of the few free things in life, and hope to see you tomorrow.
Previous Forecast:
ππ«π²π©ππ¨ πππππ‘ππ« π
π¨π«ππππ¬π #13 - No Joke, We are in a (Drunken) Kangaroo Market
The Crypto Weather Forecast is my daily take on the crypto market, sometimes serious, sometimes sarcastic, often with a wink, and Always Honest.
