Bitcoin & Cryptocurrency Blog – Official CoinJar Blog

Bitcoin & Cryptocurrency Blog – Official CoinJar Blog






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Bitcoin & Cryptocurrency Blog – Official CoinJar Blog
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<title>Bitcoin &amp; Cryptocurrency Blog – Official CoinJar Blog</title>
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<title>Bitcoin &amp; Cryptocurrency Blog – Official CoinJar Blog</title>
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&lt;title&gt;Bitcoin &amp;amp; Cryptocurrency Blog – Official CoinJar Blog&lt;/title&gt;
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&lt;title&gt;Bitcoin &amp;amp; Cryptocurrency Blog – Official CoinJar Blog&lt;/title&gt;
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&amp;lt;title&amp;gt;Bitcoin &amp;amp;amp; Cryptocurrency Blog – Official CoinJar Blog&amp;lt;/title&amp;gt;
&amp;lt;link&amp;gt;https://blog.coinjar.com/
&amp;lt;description&amp;gt;Read the latest Bitcoin and Cryptocurrency news and opinions from the easiest place to buy, sell, and use crypto.&amp;lt;/description&amp;gt;
&amp;lt;ttl&amp;gt;60&amp;lt;/ttl&amp;gt;
&amp;lt;image&amp;gt;&amp;lt;/image&amp;gt;&amp;lt;title&amp;gt;Bitcoin &amp;amp;amp; Cryptocurrency Blog – Official CoinJar Blog&amp;lt;/title&amp;gt;
&amp;lt;link&amp;gt;https://blog.coinjar.com/
&amp;lt;url&amp;gt;https://blog.coinjar.com/favicon.png&amp;lt;/url&amp;gt;

&amp;lt;item&amp;gt;
&amp;lt;title&amp;gt;A Question of Scale&amp;lt;/title&amp;gt;
&amp;lt;link&amp;gt;https://blog.coinjar.com/a-question-of-scale/
&amp;lt;guid ispermalink=”false”&amp;gt;60633d39a1c9180001022468&amp;lt;/guid&amp;gt;
&amp;lt;description&amp;gt;&amp;amp;lt;h2 id=”if-blockchain-wants-to-take-over-the-world-it-s-going-to-have-to-get-a-lot-faster-we-re-adding-some-of-the-tokens-trying-to-make-it-happen-“&amp;amp;gt;If blockchain wants to take over the world, it’s going to have to get a lot faster. We’re adding some of the tokens trying to make it happen.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/h2&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;With news this week that Ethereum’s latest scaling solution – the unfortunately named Optimism – has been &amp;amp;lt;a href=”https://www.theblockcrypto.com/post/99511/ethereum-scaling-solution-optimism-delays-mainnet-launch-estimates-july”&amp;amp;gt;delayed until July&amp;amp;lt;/a&amp;amp;gt;, focus has once again turned to the fact that the world’s second largest blockchain is still using the same transaction infrastructure it was back in 2017. &amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;The main difference being that in 2017 nobody was using Ethereum, while in 2021 many, many people are using Ethereum and right now the network is perpetually clogged with the digital equivalent of those &amp;amp;lt;a href=”https://www.9news.com.au/national/giant-fatberg-discovered-melbourne-sewer-by-yarra-valley-water/870aadd6-ccd8-41ae-b1af-464c37726d01″&amp;amp;gt;‘fatbergs’&amp;amp;lt;/a&amp;amp;gt; they keep pulling out of our sewerage systems.&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;The result has been slow transaction times and eye-wateringly high gas fees (i.e. the cost to have your transaction processed by the network). The DeFi ecosystem, overwhelmingly built on Ethereum, has slowed to a crawl as the ability to buy and sell tokens on Uniswap has become constrained by your willingness to pay US$50 for the privilege. &amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;figure class=”kg-card kg-image-card”&amp;amp;gt;&amp;amp;lt;img src=”https://blog.coinjar.com/content/images/2021/03/ezgif-3-8fd831a413df.gif” class=”kg-image” alt&amp;amp;gt;&amp;amp;lt;/figure&amp;amp;gt;&amp;amp;lt;h3 id=”if-only-there-was-an-easier-way-“&amp;amp;gt;If only there was an easier way!&amp;amp;lt;/h3&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Over the last few years, a number of new players have entered the so-called ‘application layer’ space, offering transaction throughputs hundreds, if not thousands of times faster than Ethereum (which currently tops out at around 14 transactions per second).&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;These are networks such as Algorand and EOS – both being added to CoinJar this week – as well as Solana, Polkadot, Waves, Tezos, Cardano, Cosmos and many more.&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;While there are myriad incomprehensibly obscure technical differences between these platforms, they’re all unified in offering faster, simpler and more accessible blockchain services to both users and developers. Surely that should be enough to knock Ethereum off its perch?&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;h3 id=”death-to-the-king”&amp;amp;gt;Death to the king&amp;amp;lt;/h3&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;You’ll often see these tokens described as “Ethereum-killers”, but that’s not a particularly helpful way of approaching things. For one, no matter what you might think about the superiority of any of these alternative networks, if Ethereum was, in fact, killed, the collateral carnage to the blockchain space at large would make the 2018 crypto winter look like an all-expenses paid trip to Fiji.&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Ethereum is simply too big, too well understood and too secure to be so easily displaced. When Visa announced on Monday that they were going to &amp;amp;lt;a href=”https://www.businesswire.com/news/home/20210329005171/en/Visa-Becomes-First-Major-Payments-Network-to-Settle-Transactions-in-USD-Coin-USDC”&amp;amp;gt;start settling transactions in USDC&amp;amp;lt;/a&amp;amp;gt;, they were really saying that they had chosen Ethereum as their crypto settlement solution. It’s the very nature of blockchain technology that the more it’s used, the more secure and stable it becomes. Ethereum’s first mover advantage is profound. And when it does finally scale? Watch out.&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;But the cryptoverse is a big place and if it comes anywhere close to fulfilling its potential as the backbone of &amp;amp;lt;a href=”https://decrypt.co/resources/what-is-web-3″&amp;amp;gt;Web3&amp;amp;lt;/a&amp;amp;gt;, there’s going to be room for a lot of different protocols, each with their own specialties and use cases. After all, the internet is built on top of a whole bunch of interlocking protocols and each of them is equally important in creating the modern web experience that we so love/tolerate. &amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;The Internet of Value is coming – application layers give you the chance to own some of the land it will be built on.&amp;amp;lt;/p&amp;amp;gt;
&amp;amp;lt;p&amp;amp;gt;&amp;amp;lt;strong&amp;amp;gt;&amp;amp;lt;a href=”https://blockads.fivefilters.org”&amp;amp;gt;&amp;amp;lt;/a&amp;amp;gt;&amp;amp;lt;/strong&amp;amp;gt; &amp;amp;lt;a href=”https://blockads.fivefilters.org/acceptable.html”&amp;amp;gt;(Why?)&amp;amp;lt;/a&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;lt;/description&amp;gt;
&amp;lt;pubdate&amp;gt;Wed, 31 Mar 2021 22:49:49 +0000&amp;lt;/pubdate&amp;gt;
&amp;lt;dc:creator&amp;gt;Luke at CoinJar&amp;lt;/dc:creator&amp;gt;
&amp;lt;dc:language&amp;gt;en&amp;lt;/dc:language&amp;gt;
&amp;lt;dc:format&amp;gt;text/html&amp;lt;/dc:format&amp;gt;
&amp;lt;dc:identifier&amp;gt;https://blog.coinjar.com/a-question-of-scale/&amp;lt;/dc:identifier&amp;gt;
&amp;lt;category&amp;gt;Opinion&amp;lt;/category&amp;gt;
&amp;lt;media:content url=”https://blog.coinjar.com/content/images/2021/03/scaling_compressed.jpg” medium=”image” expression=”full”&amp;gt;&amp;lt;/media:content&amp;gt;
&amp;lt;/item&amp;gt;
&amp;lt;item&amp;gt;
&amp;lt;title&amp;gt;Nonsensical NFTs&amp;lt;/title&amp;gt;
&amp;lt;link&amp;gt;https://blog.coinjar.com/nifty-nfts/
&amp;lt;guid ispermalink=”false”&amp;gt;60517cfca1c918000102239c&amp;lt;/guid&amp;gt;
&amp;lt;description&amp;gt;&amp;amp;lt;h2 id=”what-the-latest-crypto-craze-can-tell-us-about-the-good-the-bad-and-the-weird-of-the-blockchain-world-“&amp;amp;gt;What the latest crypto craze can tell us about the good, the bad and the weird of the blockchain world.&amp;amp;lt;/h2&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Chances are that unless you’re being kept in some sort of subterranean dungeon and/or have been pronounced clinically dead, you’ve read something about NFTs over the last few weeks. &amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;What started as the occasional explainer as to why people were spending &amp;amp;lt;a href=”https://www.msn.com/en-us/sports/nba/what-is-nba-top-shot-and-why-is-a-lebron-highlight-worth-24208k-this-is-a-real-market-mark-cuban-says/ar-BB1e36Wf”&amp;amp;gt;thousands of dollars on NBA highlights videos&amp;amp;lt;/a&amp;amp;gt; rapidly transitioned to thinkpieces about how NFTs were going to save or destroy art, music, film and everything in between, roaring Twitter fights and, to top it all off, a digital picture by the artist Beeple &amp;amp;lt;a href=”https://www.abc.net.au/news/2021-03-12/nft-digital-artwork-sells-for-nearly-us-70-million-beeple/13241076″&amp;amp;gt;selling at auction for US$69 million&amp;amp;lt;/a&amp;amp;gt;.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;I’ve been around crypto for a while now and even I’ve been shocked by the speed with which the idea of an NFT has gone from “cool, quirky crypto concept” to “mainstream media freakout factory”. Like, I only really engaged with the topic six weeks ago, and I consider myself a pretty on-the-ball crypto watcher. Now we’ve hit the level of media saturation usually reserved for incoming meteor strikes, US Presidential elections or Kardashian photo shoots. So, what the hell is going on? &amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;figure class=”kg-card kg-image-card”&amp;amp;gt;&amp;amp;lt;img src=”https://blog.coinjar.com/content/images/2021/03/giphy-i-hear-something-.gif” class=”kg-image” alt&amp;amp;gt;&amp;amp;lt;/figure&amp;amp;gt;&amp;amp;lt;h3 id=”nice-fancy-things”&amp;amp;gt;Nice, fancy things&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/h3&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Standing for Non-Fungible Token, an NFT is basically a blockchain-verified proof of ownership that can be tied to, well, anything. The idea is that you can make as many copies or screenshots of something as you want, but if you look at the blockchain you’ll be able to prove that, yes, you are the person who spent US$69 million on a very high resolution JPEG.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;On the face of it, this does seem dumb. But underneath the surface, there’s a lot of interesting stuff going on. &amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;For one, NFTs offer artists, musicians and performers new ways of monetising and controlling their work. Not only can you directly (and legally) transfer ownership of something you’ve created, but you can also ensure that you get a cut of any future sales of your work. That of itself represents one of the biggest conceptual challenges to intellectual property and licensing laws since the advent of the internet.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;They also offer a template for the blockchain-ing of all sorts of real world things – &amp;amp;lt;a href=”https://www.bitcoininsider.org/article/107433/st-louis-home-being-auctioned-nft-mintable”&amp;amp;gt;property deeds&amp;amp;lt;/a&amp;amp;gt;, &amp;amp;lt;a href=”https://www.rollingstone.com/pro/features/music-crypto-blockchain-nfts-guide-1116327/”&amp;amp;gt;concert tickets&amp;amp;lt;/a&amp;amp;gt;, &amp;amp;lt;a href=”https://www.investopedia.com/non-fungible-tokens-nft-5115211″&amp;amp;gt;passports&amp;amp;lt;/a&amp;amp;gt;. These aren’t necessarily novel uses of the blockchain, but an NFT packages it up in a way that makes sense to people and will make it easier to shift it into the mainstream.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;h3 id=”nope-f-k-that”&amp;amp;gt;Nope, f**k that&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/h3&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;The histrionics from those arguing against NFTs – usually some variant on, “why do they suck? Because they’re dumb” – reminds me of the arguments we heard when bitcoin started its climb towards $20k in 2017. &amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;And, sure, right now a lot of it does suck. A browse through the front page of an NFT market like &amp;amp;lt;a href=”https://opensea.io/”&amp;amp;gt;OpenSea&amp;amp;lt;/a&amp;amp;gt; does not make for edifying viewing. The valuations on most tokens are entirely untethered from reality and you can already sense that we’re just counting down the days until the whole market implodes. &amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;From a crypto standpoint, though, here’s why NFTs feel important: because, for the first time, crypto has created something tangible, a technological breakthrough visible from the real world. No need to invoke abstract financial concepts like inflation or money supply. No need to try and get people excited about smart contracts, scaling solutions and level 2 application layers. You like that art? You can have it, forever, for a price. Let the chaos begin.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;h3 id=”now-for-the-“&amp;amp;gt;Now for the…&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/h3&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;It’s difficult to know what happens next with NFTs, but crypto’s own bubble-strewn history offers some lessons. And this current frenzy doesn’t remind me of 2017 so much as it does November 2013, when an immature, hype-driven crypto market saturated with bitcoin clones went from obscurity to TV news coverage in a matter of weeks and then disappeared just as quickly.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;In tech circles, people talk about something they call Amara’s Law (after the futurist Ray Amara), which states that we tend to overestimate the impact of a technology in the short run, but underestimate it in the long run. &amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Read the coverage of NFTs right now and it might feel like they’re about to take over the world. However, in all likelihood, six months from now everyone will be looking back at that weird moment in our shared history when people thought they were going to become rich by flogging NBA highlights packages that you could watch for free on YouTube. How dumb is that!&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;But in the background the true believers and the visionaries will keep on working, thinking and developing, and a few years from now we might look up to find that NFTs are at the heart of radical new models of commerce, art, ownership and identity. A few years after that we might be using them every day without even knowing that they’re there.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Will that come to pass? Only time will tell. In the meantime, who wants to buy this picture of my elbow for 20 ETH?&amp;amp;lt;/p&amp;amp;gt;
&amp;amp;lt;p&amp;amp;gt;&amp;amp;lt;strong&amp;amp;gt;&amp;amp;lt;a href=”https://blockads.fivefilters.org”&amp;amp;gt;&amp;amp;lt;/a&amp;amp;gt;&amp;amp;lt;/strong&amp;amp;gt; &amp;amp;lt;a href=”https://blockads.fivefilters.org/acceptable.html”&amp;amp;gt;(Why?)&amp;amp;lt;/a&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;lt;/description&amp;gt;
&amp;lt;pubdate&amp;gt;Wed, 17 Mar 2021 04:06:38 +0000&amp;lt;/pubdate&amp;gt;
&amp;lt;dc:creator&amp;gt;Luke at CoinJar&amp;lt;/dc:creator&amp;gt;
&amp;lt;dc:language&amp;gt;en&amp;lt;/dc:language&amp;gt;
&amp;lt;dc:format&amp;gt;text/html&amp;lt;/dc:format&amp;gt;
&amp;lt;dc:identifier&amp;gt;https://blog.coinjar.com/nifty-nfts/&amp;lt;/dc:identifier&amp;gt;
&amp;lt;category&amp;gt;Opinion&amp;lt;/category&amp;gt;
&amp;lt;media:content url=”https://blog.coinjar.com/content/images/2021/03/nfts.jpg” medium=”image” expression=”full”&amp;gt;&amp;lt;/media:content&amp;gt;
&amp;lt;/item&amp;gt;
&amp;lt;item&amp;gt;
&amp;lt;title&amp;gt;The Hard Sell&amp;lt;/title&amp;gt;
&amp;lt;link&amp;gt;https://blog.coinjar.com/the-hard-sell/
&amp;lt;guid ispermalink=”false”&amp;gt;603ed70e6b34c10001bd8ea4&amp;lt;/guid&amp;gt;
&amp;lt;description&amp;gt;&amp;amp;lt;h2 id=”the-prices-are-low-and-the-panic-is-high-is-this-the-time-to-sell”&amp;amp;gt;The prices are low and the panic is high. Is this the time to sell?&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/h2&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;If you’ve been around crypto for longer than a couple of months, you’re probably familiar with the feelings that come with your average market-wide correction. &amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Euphoria fizzling away as that first red candle starts dropping down, down, down. Confidence in a quick recovery giving way to sweaty-palmed anxiety as the correction passes the 10, 20, 30% mark. Is this the big one? We all know what happened on &amp;amp;lt;a href=”https://blog.coinjar.com/coronal-mass-ejection/”&amp;amp;gt;March 13th last year&amp;amp;lt;/a&amp;amp;gt;. Finger hovering over the “Sell” button, knowing that if you just pressed it this horrible feeling would go away.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;And even worse are the recriminations. How could I have been so blind? How did I let this happen? Why didn’t I sell when the going was good? Will I ever feel joy again?&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;figure class=”kg-card kg-image-card”&amp;amp;gt;&amp;amp;lt;img src=”https://lh4.googleusercontent.com/gWr4yvTcikeCAmjEiWl4PezJ9z2h57v-B-7iJeUKyBpYoFqyOEPGNaKregbz8QVs-sXn3V3n32oUQiWk2ESizxQnAayyrCOInjGIYDD8_vLdr-1GzupdnA3TeB1Jdg3qpXXJUAKZ” class=”kg-image” alt&amp;amp;gt;&amp;amp;lt;/figure&amp;amp;gt;&amp;amp;lt;h3 id=”unrealised-profit-and-loss”&amp;amp;gt;Unrealised profit and loss &amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/h3&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Look, I’m not going to say &amp;amp;lt;a href=”https://blog.coinjar.com/corporate-fomo/”&amp;amp;gt;I told you so&amp;amp;lt;/a&amp;amp;gt;, but if there has ever been a market in need of a correction it was the crypto market of the last two months. It wasn’t a question of &amp;amp;lt;em&amp;amp;gt;if&amp;amp;lt;/em&amp;amp;gt; your alt was going to do a 50 or 100% day; it was a question of when. Meanwhile, Bitcoin basically tripled its 2017 all-time high over the course of eight weeks, making it (briefly) a trillion dollar asset. &amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;It’s not that bitcoin doesn’t deserve to be in that august club, but more to point out that markets will always revert to the mean, no matter how compelling the background narrative might be. And in the same way that you don’t expect to see an elephant jump over a small apartment block, an asset of bitcoin’s size shouldn’t be tripling in size like it ain’t no thing. Especially not when it’s taken three long, hard years to get back to its previous peak.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;h3 id=”timing-is-everything”&amp;amp;gt;Timing is everything&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/h3&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Here’s the thing though: in every other market that humanity has ever created, taking three years to make a new all-time high actually is perfectly reasonable, bordering on suspiciously fast. Investments aren’t supposed to be measured in days or weeks. They’re supposed to take years, if not decades to play out. But the speed, 24/7 relentlessness and hyper-visibility of the crypto markets means it’s very easy to lose sight of the bigger picture. People who bought in at the absolute peak of the last bubble are still up 250% – presuming that they had the patience to hold on for a measly three years.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Nonetheless, selling can produce a real and concrete advantage. Get out near the top and you might be able to buy back in close to the bottom, thereby compounding your gains. (Despite what the people of &amp;amp;lt;a href=”https://twitter.com/TikTokInvestors”&amp;amp;gt;TikTok Investors&amp;amp;lt;/a&amp;amp;gt; would have you believe, this is far harder than it appears.) &amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;More simply though, money is money and when assets are appreciating like crypto assets have recently that can mean getting ahead of your mortgage, or buying a car, or paying for a holiday for your family, or being able to cover rent for the next month. If what you’ve made could make a difference in your life, then it makes complete and total sense to sell some – even if you think the crypto market is going to keep on going up. As the old adage goes, no-one ever went poor from taking profits.&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;h3 id=”respect-the-sell-out”&amp;amp;gt;Respect the sell-out&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/h3&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;That’s not an invitation or a suggestion to sell it all right now – a good rule of thumb is sell when it feels hard (i.e. on the way up) not when it’s easy (on the way down) – but more to start thinking about what your endgame is. What do you hope to gain from this bull run? How much is enough? And will you be strong enough to start getting out when you reach your target? (Also, on a more prosaic note, &amp;amp;lt;a href=”https://blog.coinjar.com/crypto-tax-everything-you-need-to-know/”&amp;amp;gt;what would taking profits mean for your tax&amp;amp;lt;/a&amp;amp;gt;?)&amp;amp;lt;br&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;These are questions without easy answers, but start planning now and you’re less likely to be swept up in the mania and delirium that marks the real, bloody and unmistakable end of the bull market. And until then? &amp;amp;lt;a href=”https://www.urbandictionary.com/define.php?term=diamond%20hands”&amp;amp;gt;DIAMOND HANDS&amp;amp;lt;/a&amp;amp;gt; ENGAGE.&amp;amp;lt;/p&amp;amp;gt;
&amp;amp;lt;p&amp;amp;gt;&amp;amp;lt;strong&amp;amp;gt;&amp;amp;lt;a href=”https://blockads.fivefilters.org”&amp;amp;gt;&amp;amp;lt;/a&amp;amp;gt;&amp;amp;lt;/strong&amp;amp;gt; &amp;amp;lt;a href=”https://blockads.fivefilters.org/acceptable.html”&amp;amp;gt;(Why?)&amp;amp;lt;/a&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;lt;/description&amp;gt;
&amp;lt;pubdate&amp;gt;Wed, 03 Mar 2021 04:29:05 +0000&amp;lt;/pubdate&amp;gt;
&amp;lt;dc:creator&amp;gt;Luke at CoinJar&amp;lt;/dc:creator&amp;gt;
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&amp;lt;dc:identifier&amp;gt;https://blog.coinjar.com/the-hard-sell/&amp;lt;/dc:identifier&amp;gt;
&amp;lt;category&amp;gt;Opinion&amp;lt;/category&amp;gt;
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