What goes up must come down! The fall of Bitcoin
I'm writing this because of the market correction on Bitcoin we saw over the last couple of days. I read something that said $80 billion left Bitcoin over the last week. If that's true, then that's nuts! A whole bunch of people got caught up in the mania and lost their money!
Weird Kids
Crypto is a weird and perplexing space where people say and do a lot behind a computer screen that they wouldn't do in real life. In addition, many crypto personalities, random gurus, self-proclaimed callers, cocky disrespectful people create unrealistic and unhealthy expectations around wealth and money, then mania ensues and last the fatal and inevitable crash occurs.
Gravity keeps pulling me down
Everyone wants their coin to go to the moon and it's absolutely ridiculous. There will always be fluctuations, catalysts, coins going sideways for days, weeks and months at a time, updates and a host of other things that determine the crazy cycle of crypto... however, never forget that if it goes up it has to come down and correct itself.