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RE: In a Funk: A #threetunetuesday post

in Discovery-it8 months ago

I think it's ebb and flow. Activity on here comes and goes. For better or worse, everyone was thinking the ETF would boost us into a bull market and when that didn't happen, a lot of folks just lost heart and ran away. It's understandable I guess. When you watch hundreds or thousands disappear from the paper balance in just a few days, it can be depressing. They'll be back. Probably also winter has something to do with it, as you mention.

I love me some good funk. I think everyone does. It's no accident that much of the Japanese jazz I post has a lot of funk in it. Love all of these. Wow, that last is something! I'm going to go look up more by them before bed.

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Yeah, I think that has a lot to do with it as well. It doesn't help that a lot of us felt this could be the start of something big. Personally, I was expecting some more upward movement before things evened out. Like mid 50's or something like that.

I expected it to fall more, actually. Too many people were way too hyped about it. I didn't consider the old saying by the rumor, sell the news (as everyone else keeps saying about it now) but all the hype over it didn't sit right with me. I feel the same about the coming halving. There is so much hype over it pushing us into a bull market... I can't help but feel things won't go as everyone expects. I'm hoping it follows history and we see a boost afterwards, but I don't know if that will follow this time.

Like a lot of stuff in crypto I think the buy the rumor sell the news statement is too reliant on interpretation. People are just throwing darts at the board blindly these days.

haha exactly. It's a little like this...

Truth of the Stock Market.jpg

Haha, that is pretty funny!