One Week As A Web3/Crypto Observer - News Summed Up

One Week As A Web3/Crypto Observer


One Week As A Web3/Crypto Observer FS Ndzomga · Follow Published in DataDrivenInvestor · 6 min read · 17 hours ago 17 hours ago -- SharePhoto by Art Rachen on UnsplashIf you follow me on Medium, or frequently read my articles, you are probably aware of the fact that I started investing in crypto about a week ago, mainly as an experiment to better understand the space. My small experimental crypto portfolio went down from 48.58€ to 46.60€, a 4% decrease(almost all of it on the same day), without me knowing why. I looked online, read a dozen of articles, but the explanations where always related to technical analysis and nothing about some underlying reality change. There is no underlying reason why selling bitcoin was the good thing to do last week. This past week experiment also made me understand that using Bitcoin or cryptos in general as a medium of exhange or store of value is a losing proposition.


Source: Forbes December 18, 2023 11:23 UTC



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