I Just Lost $40,000 Worth of Ethereum and Bitcoin
My response to the FUD
Bitcoin is dead, long live Bitcoin!
At least one of those statements is true. Right now, however, it feels like it’s the former.
This is why —
No one expected Bitcoin to dip below $46,000 ever again.
No one expected Ethereum to dip below $2,000 ever again.
No one expected Elon Musk to shill Dogecoin (a useless token) over Bitcoin.
As one of my good friends tells me about girls, it’s best to keep your expectations low. Lesson learned.
Conversely, this begs the question: Is the FUD (fear, uncertainty, doubt) warranted?
Is this time really the end for crypto? Is this crash unlike the others?
Many seem to think so, with one article perfectly contextualizing all of the most dangerous problems in the crypto market. Jared A. Brock’s recent article, “Bitcoin and Ethereum Are Dead (And Their Honest Investors Know It).”
Awesome title by the way.
Not only is Jared A. Brock an exceptional writer who I’ve followed for a while, but he has a deep understanding of contemporary marketing and technology.
