Seeing as 20 million Bitcoin and only 2 million left
I've noticed mining Bitcoin is far more profitable that Eth coins
If I spent a hour mining Bitcoin than Eth coins. I'm losing out on profit
But on the other hand if eth coins do gradually move up you can sell them pretty good.
It's very fascinating to see even shib Inu or baby doge being so incredibly easy to mine.
Even on a cheap computer usb stick I can mine 100 shib a day.
Running a computer stick requires as much power as it does to charge your phone.
But I also noticed whenever the nasdaq or s&p markets being as bullish as they are
So does crypto move to be as bullish too
I've been watching the traditional markets for over ten years. Mostly oil.
Oil is the lifeblood of all these market trends. This is the real mover of all these bullish markets.
Not many realize that.
And even for Bitcoin. Even now
I am worried of the future prospect of these commodities
Some have come out strongly suggesting these are not commodities becuase nothing real is behind it. Which is not true becuase they don't understand a blockchain a purpose or functionality or why banks are getting there feet wet in this industry (such as xrp)
But what I've found intresting when the markets are bearish
Gold does well.
Gold maybe slow mover. Like a turtle. But it does behave differently in the market. It's the opposite spectrum of a bull market.
When things do get bearish gold will do well. We haven't seen that shift yet. And that's what these gold bugs are speculating on and they could be right in the end.
With so much uncertainty in the market due to covid and war and famine. The markets could turn bearish as investors will not be so diamond hands after all
Escpecially when crypto mining uses so much rescources
When the government is left with very few options as to meet demand for natural gas. It turns to shutting down production of things in order to keep people's homes going.
Eventually they have to scale back
Already you see forward looking ahead price of gas is getting eary
So crypto mining may become to expensive for folks to keep operating if they have large mining companies. They have tremendous expenses in electricity as you imagine
And not many know how to setup a decent solar system
Recently I stopped investing in gold and silver and have my eye on titanium as being the next big metals as it's so widely used in tanks jets bazookas you name it
So.
Were heading what I believe is a bearish market sentiments soon approaching.
Hopefully I wrong since. I really like this crypto mining stuff and trying to expand more
Many bitcoiners are foolish to think Bitcoin will be the only player in this crypto domain. And they refer to eth as shitcoins
But I believe becuase Bitcoin uses alot more energy to mine coins plus the incredible difficulty in mining. That Bitcoin may level off with the rest of the shit coiners
I believe at some point Bitcoin will have a melt down and the other coins will be playing catch-up and they will have hopefully a similar standing.
But if oil demand becomes increasing the entire markets could get there asses handed to quickly.
You can clearly see the Rubel for instance. Many politicians are in a roar right now. Suggesting since the start of the war the Rubel has been getting smacked down hard.
Fact is if you look at its trend it's been declining hard even before he broke out into cannible
So... Personally I am bullish for titanium and it could very well be the next rhodium metal if serious NATO war breaks out. Expect alot of arial combat. Ship combat..tank warfare.
This particular metal will be in high demand
It would be smart to get into some crypto that are tethered to the oil commodity
Personally I won't get into the traditional stock market. Those things are not my preference
I think for the next month or so we're in for some good bullrun
I've noticed mining Bitcoin is far more profitable that Eth coins
If I spent a hour mining Bitcoin than Eth coins. I'm losing out on profit
But on the other hand if eth coins do gradually move up you can sell them pretty good.
It's very fascinating to see even shib Inu or baby doge being so incredibly easy to mine.
Even on a cheap computer usb stick I can mine 100 shib a day.
Running a computer stick requires as much power as it does to charge your phone.
But I also noticed whenever the nasdaq or s&p markets being as bullish as they are
So does crypto move to be as bullish too
I've been watching the traditional markets for over ten years. Mostly oil.
Oil is the lifeblood of all these market trends. This is the real mover of all these bullish markets.
Not many realize that.
And even for Bitcoin. Even now
I am worried of the future prospect of these commodities
Some have come out strongly suggesting these are not commodities becuase nothing real is behind it. Which is not true becuase they don't understand a blockchain a purpose or functionality or why banks are getting there feet wet in this industry (such as xrp)
But what I've found intresting when the markets are bearish
Gold does well.
Gold maybe slow mover. Like a turtle. But it does behave differently in the market. It's the opposite spectrum of a bull market.
When things do get bearish gold will do well. We haven't seen that shift yet. And that's what these gold bugs are speculating on and they could be right in the end.
With so much uncertainty in the market due to covid and war and famine. The markets could turn bearish as investors will not be so diamond hands after all
Escpecially when crypto mining uses so much rescources
When the government is left with very few options as to meet demand for natural gas. It turns to shutting down production of things in order to keep people's homes going.
Eventually they have to scale back
Already you see forward looking ahead price of gas is getting eary
So crypto mining may become to expensive for folks to keep operating if they have large mining companies. They have tremendous expenses in electricity as you imagine
And not many know how to setup a decent solar system
Recently I stopped investing in gold and silver and have my eye on titanium as being the next big metals as it's so widely used in tanks jets bazookas you name it
So.
Were heading what I believe is a bearish market sentiments soon approaching.
Hopefully I wrong since. I really like this crypto mining stuff and trying to expand more
Many bitcoiners are foolish to think Bitcoin will be the only player in this crypto domain. And they refer to eth as shitcoins
But I believe becuase Bitcoin uses alot more energy to mine coins plus the incredible difficulty in mining. That Bitcoin may level off with the rest of the shit coiners
I believe at some point Bitcoin will have a melt down and the other coins will be playing catch-up and they will have hopefully a similar standing.
But if oil demand becomes increasing the entire markets could get there asses handed to quickly.
You can clearly see the Rubel for instance. Many politicians are in a roar right now. Suggesting since the start of the war the Rubel has been getting smacked down hard.
Fact is if you look at its trend it's been declining hard even before he broke out into cannible
So... Personally I am bullish for titanium and it could very well be the next rhodium metal if serious NATO war breaks out. Expect alot of arial combat. Ship combat..tank warfare.
This particular metal will be in high demand
It would be smart to get into some crypto that are tethered to the oil commodity
Personally I won't get into the traditional stock market. Those things are not my preference
I think for the next month or so we're in for some good bullrun
