I'm pointing out Shib because ever since the incident at coinbase (pointer)
Shib lost its luster and been in a steady decline since.
I picked up on another idea, that EOY for crypto may experience a heavier than normal sell off as retail will need to sell and convert into fiat for taxes.
If you believe what they say about tether, you can see how liquidity may become a problem.
I'm going to hold my short positions for the rest of the year and see what 2022 has in store for real money markets.
I still believe in Crypto long term. ETH and BTC are real, Alt coins however, may be more wolf than good dog.
Shib lost its luster and been in a steady decline since.
I picked up on another idea, that EOY for crypto may experience a heavier than normal sell off as retail will need to sell and convert into fiat for taxes.
If you believe what they say about tether, you can see how liquidity may become a problem.
I'm going to hold my short positions for the rest of the year and see what 2022 has in store for real money markets.
I still believe in Crypto long term. ETH and BTC are real, Alt coins however, may be more wolf than good dog.
