Hahaha hey guys I have not jumped off a bridge. just a lot going on at home nothing to do with crypto. I have been doing a lot more in depth research etc.
Do I wish I knew what I know now? Of course! I’m still very bullish on crypto in general especially as I learn more and more. Strategy has changed and certain things in the works I just have to figure out the legality , compliance issues etc.
If at this point you dont see the potential for returns, this space is not for you. I’m just sorry I missed Bitcoin at 6k
Edit: recent congressional hearings on it, use cases etc are fairly positive, especially when you consider that the biggest government types against crypto were the Nancy Pelosi’s of this world
And no longer a fan of IOTA atm, some big issues they need to work out. Waiting for Cardano Ouroboros to come out to see how that will work, how profitable with staking etc
One thing I’m almost certain of, most technical analysis , triangles , Fibonacci retracement levels in the field currently is bs, too much very apparent market manipulation going on atm. Until the whales and market makers get vastly outweighed by regular traders and investment firms that don’t hold huge fractions of total supply, coin use case viability research as a basis for what to buy for short term trading is fiction at best. Long term outlook if you can stomach the fluctuations, is alright though.
Meaning based on academic research , it is more likely that bitcoin, ethereum and cardano will be here 10 years from now, than not. Jpmorgan internal memos, Bank of America letters to Congress all show that they consider crypto as something that is here to stay and that is a very serious threat to their business model. Also see Blackrock investment firms outlook