Your daytridden altcoins return today.

Look at that. Why, if I didn't know any better, I would say that the altcoins are done taking a shit and all our positions that soured a week ago are gonna come in within like the next week if we all just HODL. I have to say that this is probably the #1 contributor to my not blogging about crypto. What's the point when all your positions are out to sea and you can only trade at a loss? I learned very quickly not to trade at that loss. Liquidity may be worth it to the experienced, like my friend Rev who daytraded (daytrode? I like fauxlogisms so let's go with that) his way up even in this downturn, but I don't have the experience yet to tell me when to tack towards or away from Bitcoin like he does.

I know thanks to the macroindicators impacting on the market that there's going to be a lot of turbulence like this, for about the next six months I'd guess. All those Bitcoin farms in Inner Mongolia are getting dismantled and shipped over to Good Korea (but not Best Korea) and America. That's bound to create a shitload of turbulence; I can predict that it will, but not when or how. Gone unremarked on this blog is how increasing calls for regulation from the EU will play out; I've been meaning to write about that in more detail for some time. Expect an upcoming article on that. But anyway, the altcoin upturn is just now beginning. If you haven't checked your trading platforms in the last week, and been binge-watching the non-cringey episodes of Star Trek: Enterprise instead (like some pseudo-Mughal royalty I know) I'd go check them now.

#SouthKorea #UnitedStates #daytrading #BTC #shitcoins #TheReverend #China #cryptocurrency