The crypto winter is dead!
Here is an article talking about COINBASE and it's profit this past quarter: https://finance.yahoo.com/news/coinbase-rides-bitcoin-etf-frenzy-to-first-quarterly-profit-in-2-years-230117695.html
I mean, it has been spring for a few months now in terms of the cycle cryptocurrency is in.
Over the past year and a few months I have been writing about events that looked bad for cryptocurrency but I felt were in the long run going to be the foundation of building trust and confidence in cryptocurrency. None of the crypto catastrophe's of the past few years were good overall. However, just like taking a limb to save a life is not ideal, it does lead to health and saves the individual from certain demise. Crypto needed to lose FTX and the fraudster SBF. It needed to lose the Terra Luna debacle. Now, it allowed many who saw the future to invest at great prices, it also led to many to sell at huge losses.
My mantra in crypto is never invest or sell due to emotions. It has served me well so far, and has led to a doubling of my overall investment, and we are just getting started on the next bull run.
Coinbase is legal, and it is fighting for cryptocurrency. I am happy they have withstood the crypto winter, and are fighting the SEC. I wish I had invested in their stock when it was down. I never even thought about it. I will in the future. Not now, not as it is going up.
I am not against crypto by any means, I know anything that involves humans includes scammers and fraudsters. The fiat system has it, so does crypto, However, crypto has and will change lives!
