Let’s be honest: Thanksgiving in 2022 is the exact opposite of what we had a year ago.
If anyone you told to “buy at the top” in 2021 is now at the dinner table staring at you, you can use arguments to assure them the good thing is still to come.
Plan B: just hide behind the turkey.
⦁ Bitcoin saw its worse Thanksgiving on a price basis in 2018, down 68% and 30% year-to-date and month-to-date, respectively. This year it is down just 65% and 20%.
⦁ FTX and these other entities that went down this year were just traditional banks that had distorted the vision of Satoshi Nakamoto. There was nothing "crypto" about them and it's good that they're gone.
⦁ Real crypto is working just fine. Look at DEXs like Uniswap or lending platforms like AAVE that have continued to operate, without seizing user money.
⦁ You can trade coins that very minute at the holiday table. But they cannot do the same with their shares since the stock market is closed on Thanksgiving.
Happy Thanksgiving!
@CryptoCoinsCoach
