Has The Fall of Cryptocurrency Begun? Expectations and Realities In 2022

 How Is That Bitcoin Investment Doing?

As we witness the downward slide of cryptocurrency and my own positioning in the markets fall flat, is there any hope for the holder (HODL) and investors of Bitcoin? The news coming out of the markets has been dismal to say the least.  Everyone is bracing themselves for the next big thing. Will we see bitcoin ever get back to being one of the strongest positions ever? The future for investors is really a zero-sum gain, don't you think? The new merge of Ethereum (ETH) to POS (proof-of-stake) has seemed to cause a ripple, no pun intended into what is an already volatile scenario. The onset of less energy consumption for Ethereum, some critics say may find the bitcoin blockchain costly at best. Will bitcoin still be the GOAT? The El Salvadorian financial chiefs are not talking about bitcoin anymore. This country relied on the adoption of bitcoin as a full-scale test. This experiment has in some sense provided a blueprint for other countries to follow closely. How long does it take to see scalable growth with the markets in somewhat of a panic mode? Is it time for Bitcoin to evolve? The promise of stability, ease of transaction throughout, lower fees in circulation, and user-friendly devices just may take longer. How long? Hold on for Dear Life!

What Does Ethereum Merge Mean to Crypto People

Ether flips bitcoin as the top digital money may become a reality as market analyst speculate its validity over the next few weeks. This is the most posed inquiry by financial backers as Ethereum , or ether will overshadow bitcoin (BTC). For computerized resources, what is more significant is that it turns out to be a greater amount of a "development driven, primary pattern as opposed to a macroeconomics resource class. Ether addresses this 'development cryptocurrency', and assuming it prevails with regards to building the blockchain network economy, Ethereum could be embraced as advanced cash, the group contented. This is what those in the crypto markets seems to be saying though I just don't see much of a turn happening as quick as predicted. Remember, these are all predictions based on speculation.

   The merge of Ethereum is not new to its users and investors. The shift of ETH to POS has long been highly anticipated by many to be an upgrade. We are seeing as of today markets ranking Ethereum Classic to the top by 12%. Ethereum will complete Bellatrix in the final update from proof-of-work consensus to a proof-of-work model sometime by the end of the month. The notion that Ethereum will become one of the top place holders in the cryptocurrency space is again not new. The co-founder of Ethereum, Charles Hoskinson stated this succinctly nearly over a year ago when promoting his very own, Cardano (ADA).  Ethereum has been slow to move on what was predicted to be a massive rise in its' smart contract protocol. Even Kevin O'Leary finds that crypto is not an asset class without the proper government regulations. He also stated that 72% of the world's wealth is tied up in pensions and sovereign wealth funds not cryptocurrency, I digress. Surely, do not take my knowledge on the subject of investing anything other than pure infotainment.  The word to all investors with these portfolios is of course, diversification. Don't put all your eggs in one basket! 

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In conclusion, stay steadfast and remember that investing is a gamble and often there are losses as well as winners. Expect to see more government regulations and policies come into play over the next few years as we move forward in the sector. Yeah, I know, this is a slow process, right? The new merge has also been a slow process. Mr. Wonderful (Kevin O'Leary) and myself has a "I'll believe it when I see it" mentality. This also means that there are many different possibilities and thus having several positions can make more options better when investing in cryptocurrency or the stock markets. Expect this to be the nature of all investing and a certain reality.  If Ethereum (ETH) or Bitcoin (BTC) does not make sense or money at the end of the day, we have to find what will and move accordingly. This is just a consensus and not financial advice from this author. Thanks for allowing me to share the mysteries of the Universe with you, my friends.




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