Hell, I wondered if I'd caused it. LOL.
I don't like to write bullshit. I won't, ever. So, there you go. Simple as that. Am I done with crypto? Not even close, but I also don't try to dissuade others from being done.
What I see now is that with only few exceptions in the 50ish Alts I put small stakes into—$25-100, mostly—only a few are in the green over the last year, the majority are in the red, and some in the red are 70-90%+ in the red.
Well, that's why you do small stakes. You're looking for a Grand Slam. No Snivelling.
But here's what's cool. When I began this gig on September 3, 2017, Bitcoin was at $4,267. What's it at today? $6,412. What's the lowest it's been recently? About $6,100. It broke $5,000 just over a month after I started this Patreon deal and has not looked back yet. $6K is pretty strong support, so far.
So, philosophically, I have to weigh what I could have done better financially, personally, by just buying BTC....against providing real world experience to all those who gave it a shot and graciously paid me and stuck with me...even though I don't do daily or weekly updates to massage hurt and disappointment away.
List of Alts still in the green:
- XRP - 42%
- DGB - 120%
- XLM - 1,117%
- ADA - 341%
- XVG - 117%
- SC - 28%
- DRGN - 170%
- DCR - 14%
Biggest loser is TokenDesk (TDS), an ICO, in the red 97%. Essentially to zero.
I'm still not going to write bullshit ever. Nope, not going to give you 'x strategies to...' posts. On the other hand, I'm mindful that a ton of irrational exuberance is near full washout and it might be time soon to get back to business.