Bros are asking about Bitcoin again
Fever pitch is the only way one could describe ‘peak crypto’ over the 2017 winter holiday here in the US.
In line at the post office two fraternity looking gentlemen, “DUDE, HAVE YOU HEARD OF STELLAR?”
Waiting for your turn to order some coffee, “OMG, I BOUGHT RIPPLE TWO WEEKS AGO AND IT HASN’T GONE DOWN YET!
For those of you who did not live through the dot com bust or mortgage crisis. These are absolute sell signals. The problem with crypto was the speed. We did not know if we were going to get another 500% in literally the coming days, which might have been a life-changing event for some.
For the small crypto community who were ‘in’ the years before, we had already seen the price appreciation, and for those of us in the smaller circle who decided we were building in this market for the long term, selling seemed like a lost faith in the underlying transition we believed was going to happen in the future.
Now…it is a different story if you held onto something like Dragon Coins or BitCoal. Can’t help you there.
Like some of you, our founder group has become the liaison, conduit have you, to our relatives, friends, and social circle when it comes to interpreting the crypto markets. We keep close tabs on the offline signals, not Goldman satellite pictures of parking lot close, but definitely launching JPMCoin in a bear market close, attention to these signals.
In recent weeks, the messages from folks who we know deleted their Coinbase app in March of 2018 have begun a steady stream on inquiry. Early analysis is still unclear and we will continue to monitor the situation, nonetheless these high-value signals must not be ignored. If you have witnessed similar behavior, send us a note, we’d love to hear about it. If you are a bro, and are back on the road to inquiry, checkout www.lunarcrush.com. We have Free and PRO accounts. Only $30/month to invest like a PRO, and Free is FREE/month. Enjoy!