If you have been reading our brief every Monday and not buying bitcoin, even kidogo, we don’t know what to tell you. Especially if you were here when it was at $10K when we started this last September. The latest ATH* as we write is currently about $57,500. Let that sink in.
At this point, we are almost thinking about another crash, but we are not sure anymore. Having risen that fast in four months, $100K is no longer such a pipe dream. All the same, we are definitely not buying BTC right now. Always in it for the long-term.
We did buy Ethereum recently and it also hit a $2,000 ATH last week, but it took forever. There are (conspiracy) theories as to why this happened. Some claiming Binance intentionally stopped ETH withdrawals to curtail the price. However, CZ* gave a convincing argument on this.
Again, I don’t know if you normally pay attention when we highlight a coin, but if you did last week and bought Binance’s BNB for the short-term, you would have walked away with like 200% gains. Aki. We wrote when it was around $130, now it is at $300s having hit an ATH of about $350 last week. Thus it is now number 3 on that crypto table.
As for Doge, we still think it is a joke. (We could be totally wrong too.) Elon sort of started disowning it juzi, so the price is stagnant at around $0.05. Apparently, the people who got barred from buying GameStop stocks on Robinhood protested by buying Dogecoin. As a result, there are claims that Robinhood holds the richest wallet of Dogecoin. We’re following the developments closely.
*ATH – All-time high
*CZ – Binance’s CEO
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