Some points which I am pondering about involving myself into the world of social media blockchain

One way of earning cryptocurrency is by using social media blockchain where your success will depend on many factors including your perseverance and a level of luck.

Pixabay

The value of the token of social media blockchain is very volatile and is correlated to the curve of the price of Bitcoin but much worse. It is because the token's price would get so depressed after the price of BTC goes down following its peak. Similarly the price of the Social media blockchain token would dive faster and returns to its general mean price and stays there for a long time for maybe about three years before the very next bitcoin halving where it will do the same price action and never settle on a more stable price as more people or its users continues to sell for their purposes which is still ok because again, it will be a good time to buy back again at cheaper prices and I am talking about the inherent price movement in general for the tokens of social media blockchain alone. That is how I am seeing it and it is within the boom and bust of Bitcoin and it is not like Bitcoin where its price movement at least double every year on average.

Pixabay
Returning to the "mean" price is one of the nature of volatility with social media blockchain tokens after a very big spike in price so it is better to analyze the graphs and make an assessment for when to sell and when to buy back lower within the mid-term prospective.

Now as I view it, what we can see about gaining more from involving ourselves from social media blockchain is to build our account more and more although it is hard, we can be assured of considerable perpetual income even during bear markets if we try to continue to "stay in the game" meaning, being invested while at the same time using our gains for our own purposes. Of course, it is not good to totally invest for a very long time and not use it because it beats the purpose of investing or "work" for that matter. But in my case I will be forced to use my gains once my hard cash is all used up while at the same time maybe finally cashing out my major crypto holdings so that I can use it for myself and my family and still keeping in mind to buy back again once the bear market had kicked-up once again i.e., two years after the peak, and yes there will be another peak price for Bitcoin regarding with its halving and it is so near that a week now is just like three days in length especially for us that are now grown-ups already and for me that I can't even believe that I even reached this age and an abnormal feat by itself being a dialysis patient for about 22 years now.

I can conclude now that investing in social media blockchain is a bit of a medium term to long term perspective for the reason that between the having event for bitcoin is the best moment to buy social media blockchain tokens and sell it a few months before and after the halving events to maximize our gains. Based on my own goals , we can continually cash out twelve months after the having month and then buy back in two years after the halving events which is based on my experience. So I guess that it will be the norm for such social media blockchain tokens if you can just read the chart, then you can figure-out when to sell and when to accumulate.