Feels like the bullishness is taking over in the markets. I think inflation has worked it's way through the system and is hitting earnings now, inflating the value of everyone's portfolio and setting up the next inflation wave that is likely to cause some negative effects in the overall economy. For now though, the rich are getting richer at an incredible pace and Bitcoin is benefitting from it greatly. It's only a matter of time before the new all time high articles start hitting news stands and regular people start realizing what's happening and that their narrative on Bitcoin is completely wrong.
Well you are optimistic today.
I am still debating what to do next.
Selling off the mine is sad but must be done.
After I sell more gear I will decide what is next.
So far I have sold over 17k in gear lots more to sell
Good luck with your sales! I always thought the selling of no longer used gear was the hardest part about mining.
I am pretty optimistic about anything priced in dollars. Sure, we’re due for a horrible recession that will strengthen the dollar and crash asset prices, but it will be a temporary opportunity to flee fiat as government debts cause a laughable amount of money printing over the following decade. I’m not just bullish on Bitcoin. I’m especially bullish on anything with pricing power. Established brands of any kind will do quite well over the coming 10-20 years in my opinion.
