Crypto: Just where is it going?
Actually I have no idea about where crypto is going. For that I guess it would take a time traveler. I frankly thought that by now Steem and Hive would be well below their all time lows and Bitcoin would be going slowly but surely down. Then yesterday happened and things seem to have reverted. Steem is now at the highest price it has been in over a month, the same with Hive and Bitcoin is really shooting up.
Now this morning on X, I read one of the many gurus or maybe bots who populate the site. Now this one was apparently very sure of what he was saying, first of all predicting it would go up to $72,000.00 and then go all the way down to $48,000.00 which would be the bottom. After that it would go straight up to unimaginable heights.
And there is the problem with predictions, right now Bitcoin is at $78,000.00 and it seems it can only go up. Now, I am not saying that the guys predictions are impossible, but he already missed the top point where it would go back down. So I guess any guess is as good as a guru's. If you are risking your money on Crypto I don't think anyone can give you a clearer picture than what the market does every day. yes, I know that at least Bitcoin has always made a comeback, but will this hold true always? No, there is no certainty, things can change for better or worse in a second. But I guess that is part of the emotional ride a person is willing to take by getting into crypto.
For now I am content to see that my 2,800 staked Steem are worth a little more than they were worth yesterday. And that makes my life a little better, not much but it does feel good.
A sidenote. I could not publish this post on Steemit, it kept saying i was using html, which I was not. After trying for about 15 minutes I asked AI. It gave me a lot of solutions to try and none worked. Finally it suggested using steempro. com which is what I am doing
