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I just bought $250 worth of DESO less than 48 hours ago, and it's already up to about $450 worth, and it appears that it could go up twice again and maybe twice that again before settling down. Who knows how far this Coinbase-backed, Metamask-integrated, "scalable" and "sustainable" coin will go?
That's one indicator that the trough is ending.
Another indicator that this trough is ending is that the crypto market at large has ever so gradually eased itself into a flat horizontal movement after a profound dip in value.
Another indicator is the simple knowledge of how cryptocurrencies are programmed, and with this next uptick in value, we can expect to see the foreshadows of how large the eventual "moonshot" will be when the next one arrives.
This, of course, is taking into consideration that it could all technically crash tonight or at any moment, and everything that's "in" would no longer be accessible, or the markets could crash in value at any given time, and most likely they will crash: shortly after the next "moonshot" and every massive speculative gain that you hope to realize might come down to watching the market so closely that you actually take your money out at a satisfactorily high point in your crypto's value, so that when it does crash back down in value, the majority of your funds are real money and not cryptocurrency.
In a short while, DESO will have surpassed the "double what I put in" threshold, and I'll take out my original $250 that I put in. If I think the currency is going to have a sudden dip, I'll take out more. But after I take out that $250, and have $250 remaining in, even if that $250 were to drop all the way down to only $25 or less, or if I were to somehow lose access to it after someone makes a policy or some hacker takes it all, I wouldn't be losing anything other than profit from the original money. If I take out more than $250, then I've realized that much real profit before it all crashes.
If you are already in the game, and trading with crytpocurrency, I believe right now is the very best time to buy, and to buy lots of it, and to buy it for your friends and give them hardware wallets containing a few hundred dollars of your favorite cryptos, because I believe that over the course of the next year, there will be at least two very sudden and tremendous rises in value, and if timed properly, your several hundreds of dollars will easily turn into many thousands of dollars.
Without the caveat of warning you that it's one day all going to crash, I would feel like I'm perhaps responsible for leading someone to lose their money by encouraging them to buy in to crypto.
Also, I don't recommend that many new people get into buying and trading cryptocurrencies, unless they have someone to show them some of the ropes, because there are so many empty places to throw money away, and it would take a lot of trial and error for most people to just start trading and being profitable, but if someone showed them how, like a trusted friend, then people could learn better ways to manager their capital.
For those who are already in, if you have funds that are currently sitting around doing nothing, and they're not funds that would sting too badly if you lost them, I am glad to say that I see the indicators we need to buy in now and hold to the next trip to the moon.
I trade in:
doge :: DA118Tk8j58LHUrJJxi5izemrT1B1G6r5F
shib :: 0x39b0912Ed5f08272CD7311cce54E98CCF2E60CD7
ltc :: ltc1qp7gep9a7kumwm77k3xswhduwguyjh85raux6a9
deso :: BC1YLiNKKM9YMvNNA6azpCaSVw62fQQojgMi6CR3MKSzBUzXBQmqZZb
Happy trading!
