be called a bronco market because the little runs and crushing declines will buck anyone who invested money that they need next week, month or year. If you are on any kind of margin in your life or have debt these wicked declines will throw you. They are just too painful for the average person. True investors love these things as they can scoop up panic sells on the cheap. First, you've got to believe in crypto, I mean really, really believe that it is as important of a financial and accounting discovery as the internet was an information transfer invention. Second, you have to believe that we are early and macro be dammed, it's going to run again and you have to believe that you have picked the best project as we all have here, If you can manage your monthly nut and can stay the hell away from debt, you've got nothing to worry about. Macro, you say? It's the most obvious of all the pieces to the puzzle. Governments are up to their eyeballs in debt and the interest is killing them. They will not only stop raising rates, they will cut rates and then they will print more and more and more. Macro, smackro.
Also with BRICS coin coming up, the relevance of the US dollar will likely fall eventually, that's bullish for commodities in general
Great post Jerry. Totally agree. Shit to see it sinking below my average but look how fast it went from 0.036 to 0.09 in January/February. Look how fast Sol moved in 2021. Whether you have an average of 4c, 6c or even 10c, hopefully the patience and mental strength to keep believing will pay off.
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