LET’S CHAT ABOUT ETHEREUM (ETH) AND HOW GOOD THIS WEEK IS GOING TO BE FOR YOU!
I am predicting that this is going to be an awesome week for us all. So set your faith in that direction: On Friday June 17th, 2022 you and I will look back and realize that we had a really good week! It doesn’t matter what went wrong today or over the weekend, we’re changing our mindset right now and expecting a supremely productive and prosperous week, OK? 💃🏾🙌🏾
Now, back to crypto: We know that most wealth comes at the beginning of a cycle, right? Cryptocurrency is now 13 years old, barely a teenager. We’re at the early stages of this and we’re in the warm-up phase! I know crypto prices have been tumbling over the last 2 months, but that’s no reason to back away. If you’ve been reading these posts you already know to shift your assets into stable coins and chill out there until things subside. In the meantime, keep on learning because you’re going to need that information in the very near future!
Today we’re going to chat about ETH (Ethereum) and the upgrades they’re making to the system. ETH was launched in 2015 and is a decentralized open-source blockchain. When they first launched there were around 72 million ETH in existence, but as of March 2022, there were approximately 120 million.
Of course, the amount of ETH that exists has a direct impact on the price. The way it works is that the greater the number of coins available, then the lower their value. (That might be why Ripple (XRP) with its approx 48 billion tokens, never really moved past their all-time high of $3.84 set in 2018. Today, it’s at 31 cents per XRP.🤷🏾♀️ This is one reason why we need to know what we’re doing before we jump into the cryptocurrency river.
Thank God He has made a way for us to do so! We’ll talk more about ETH tomorrow. Happy Monday!
Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™ . The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.