OCTOBER WAS AN EYE OPENER

Every month is looking like they will make it or break it. October is special for being the month that connect the market to another level. October is the month that give #hive the needed boost underneath. You can see how fast the blockchain is reacting. Even though there is no real hiccups, another update had happening to keep the blockchain running. Gradually you can see the benefits of the update and it will bring more trust and stability in the long run.

At the beginning of October it was really dark and not knowing what will come. As the days go by, it becomes clearer where the economy is heading. Exactly it is hard to know what the Fed will do about interest rates. In the US employment data is still low giving headache to the rise of inflation. Even in the Sunshine state, Miami-Dade employment data is around 1%. Money is still flowing. I must say people do not want to work for low wage.

There is a saying out there that cause the inflation. When you give money to everybody, this is the easiest way to pump the economy and then inflation will surge. The part I do not get the rich gets the big help while the poor gets the small help. Anyway rising rates will hurt the community with less preparation against inflation. Now the word recession is common.
Always wish you learn from this moment, cause it has to get better from here.

While it is a lot easier to see the dark part of the economy, the bright side is ahead of us. Crypto has been really strong for the past to week. #BTC starts a momentum that will spill over to other currencies. #twitter gave a boost to #doge. I do not know the benefit of it, but it will help in the long run. Crypto needs to send the right message where it could be the asset against recession. I think that may resonate with the holders.

I wrote the other day, the holders of crypto are holding like there is no tomorrow. It is a new way of life. If there is an abundance, definitely crypto will be a major player like in the past of bull market. I know October was not what everyone expect. October did its job where we are all still here counting our work. November is the other bridge to close the year. I am continuing to actively plan and prepare. #Hive is in a good place.
Layer-2 are keeping Hive during the absence of #CEX. We work hard to get there and it is paying off.
I know you are ready to pull another great month. After all the value this community provide bring more power to each and everyone who comprehend we are in a marathon for the best WEB 3.0 ever.
You decide.

Posted Using LeoFinance ^Beta