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Bitcoin Market Journal

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HEALTH, WEALTH, AND HAPPINESS

Jan 17, 2022

"Faith is taking the first step even when you don’t see the whole staircase.” - Martin Luther King, Jr.

Whale Reads



Whale Reads

Crypto Perception Report 2022 (Huobi): Over 3,000 crypto investors were surveyed to produce one of the most complete pictures of who's investing in crypto -- and how much.


Investor takeaway: The top concern that people have about investing crypto? They're "not knowledgeable enough." (Congratulations on being a subscriber, to boost your knowledge.)


Also, the top reason they're involved with crypto? Far and away it's "long-term investment potential." (Congrats again!)

Your Money is Growing



Your Money is Growing

The biggest takeaway from the Huobi report is the amount that people have invested in crypto:

crypto-investors-huobi-011722.png

Investor takeaway: For easy-to-remember rules of thumb:

  • about half have invested less than $1K
  • about a quarter have invested between $1K and $10K
  • about a quarter have invested between $10K and $100K


Think about where you fall in these categories.

Mati Greenspan


Block Market Daily

with Mati Greenspan

Hi Everyone,


It's been nearly three score years since Martin Luther King Jr. delivered his famous speech on the steps of the Lincoln Memorial before a crowd of a quarter million supporters of civil rights, a speech that rang with hope and a message of freedom and equality for all.

IMG 1 - BMJ - 1.17.22 - PNG .png

To get a sense of just how far we've come toward fulfilling this awesome dream of equality, we should keep in mind that if someone gave a speech today indicating that "all men are created equal," they might quickly draw criticism for omitting women.


Still, no matter how far we've come, the work is never through. Providing freedom and equality for all is an ongoing struggle, and it may well be for decades after this. 


In this newsletter, we often focus on financial freedom, and though many of us have used the power of crypto to break the bonds of oppressive financial institutions, there are still many who suffer from economic inequality. 


The way


Compared to a person's race or sex, financial status is a lot easier to change. You see, racism and sexism are problems of perception. If we change our perception, then we change reality.


It's not necessarily better to be born a man or a woman, the discrimination comes only from our preconceived notions of societal roles. We can all agree, however, that it's better to be rich than to be poor, even though the definitions may be relative.


The invention of bitcoin allows us, for the first time in history, to circumnavigate third-party payment providers who, since medieval times or possibly longer, have played a key role in financial oppression.


However, as with any tool, it's up to the user to harness bitcoin in a way that is helpful and not harmful. Leverage trading, for example, is almost always harmful.


HODLing, however, appears to be a different story. While past performance is not an indication of future results, this approach has nearly always been helpful.


One of the key ways we can improve the situation for everyone, and not just ourselves, is by sharing good information.


This is why analyst Jason Deane just published some original research to answer a very pertinent question. ...


Should I Pay Down Debt Or Invest?


Many thanks to Deane for advancing this knowledge, which will contribute to bringing about financial freedom and equality for all. 

Mati Greenspan

Analysis, Advisory, Money Management

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Bitcoin Market Journal is a daily newsletter focusing on blockchain and crypto investing. It is created by Evamarie Augustine, Charles Bovaird, Mati Greenspan, John Hargrave, and Steve Walters.


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