Thanks for reminding to stay vigilant of the propaganda that is everywhere around us. I even think the FUD is designed to lower the prices so that forces that stand behind MSM (intitutional investors) could buy crypto when they are priced low. Inevitably of course they will want to reap profits and the new FOMO cycle will begin...
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I totally agree, @organduo. I think this entire year has been one of accumulation for the corporations and institutional investors. It wouldn't be difficult for them to use the media and other forms of market manipulation to suppress the market and keep prices artificially stable. Once their bags are large enough they'll allow the volatility to come back and the profits will return along with it.
Thank you! By the way, did the bear market affect your ability to live off your writing on Steemit? For me, it's good that I have my other streams of revenue. Otherwise, I would need to move to Venezuela if you know what I mean...😀
Thankfully, I also have other revenue streams. It would have been very difficult to survive this past year otherwise. Moving to a crypto-friendly country with a lower cost of living is definitely an option to consider for us! The cost of living in the US is astronomical, especially healthcare.
You are right! In the middle of last night I awoke and calculated the minimum of what would it take to live comfortably digital nomad life in Lithuania for one person. I think about 1000 Euros or even more... That's not very little comparing to South America or Thailand...
We would probably need 2x-3x that amount here in the US to live for a month. Moving somewhere with a lower cost of living is a very quick way to give yourself a "raise", it's not without consequences though...leaving family/friends and such.
Yes! It takes a certain personality type to be able to do it...