The Weekly LBI Contest

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Authored by: @hetty-rowan


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The Contest is here again

The second LBI contest of this year. And a moment to reflect on the market in general. Let me say, it doesn't look good. I was watching a video from @cryptowendyo this morning, and the 3 'experts' she invited on her show more or less confirmed that. But, don't panic right now, because it is really too early to say that a new crypto winter has started. Things are looking bearish right now when you look at Bitcoin. It's that simple right now. Although you can also say that it's not all that bad… because we keep bouncing up and down in a range for the time being. Although we seem to be hitting the bottom (support) more and more often, and we are not yet above the top (resistance).

But don't worry, it's still crypto! It can go either way, and really no one can say with 100% certainty what will happen. That is on one side what makes it so exciting and fun, on the other hand it is also treacherous. You can think we've bottomed out and cut yourself ugly if we go further down. But, the opposite can also happen, that you think, no, I'm not buying anything yet… and then end up paying a lot more because Bitcoin is skyrocketing. It's crypto!

DCA is a great 'tool'

Therefore, DCA is very wise advice to always keep an eye on. Especially in times like these, when we don't know whether we are moving forward or backward. I think you will need a lot of time to get the most benefit. But as I've said so many times, I'm no expert.

TIME

It just brings me to our contest from last week. Because there, we tried to predict the value of 1 Wonderland TIME.

So let's take a look at what Coinmarketcap said 1 Wonderland TIME was worth last Friday! And after a quick check, I see that at that time you had to pay $2,718 for 1 Wonderland TIME.


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The person who has come closest to this price with his prediction this week is @erikklok with his prediction of $2,750. So;


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@erikklok congratulations with the 5 LBI won!

These will be sent to your wallet as soon as possible.

And then for this week, the next question.

What is 1 BLOK (from the Bloktopia project) worth this Friday, January 14, 2022, at noon?


You know the drill

You know by now that I like to see the answers here before 6 o'clock on Thursday evening, and that I always keep everything on Central European Time. That won't be a secret anymore.

Then all that remains is for me to wish you all a very nice week and I'll see you on Sunday! I doubt I'll be online much in between, as my dogs don't give me much rest now during the day. LOL.


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Posted Using LeoFinance Beta



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20 comments
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I will go with $0.0461. Take care of dogs haha

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Hmmm.... I am always bad at this.

I shall assume the price is stagnant. $0.04 then.

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Dollar Cost Averaging is a great tool. I learned about it from @jongolson and @blainjones in the CTPtalk community. I only just started doing it late last year. Before that I was just putting back in what I was earning from curation, commenting and upvotes. I decided that I wanted a little boost and figured out what I could afford to put in every week. It's not stressful at all to invest that way and I am here for the long haul. No emotions.

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This might sound arrogant but I normally do not listen to experts on most things. I find it helpful to understand an expert is just a person, and every person has an agenda. The experts' agenda usually does not fit with mine.
This forces me to do my own research, and form my own conclusions.

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