“The stock market is a device for transferring money from the patient to the impatient.” - Warren Buffet

It can be frustrating waiting for something to happen. Especially when it involves money. We made the investment, we were told it's a “sure thing”, and nothing's happening. In the words of someone I do not care for too much, “IT’S SO FRUSTRATING!!”. That’s the name of the game though. The crypto market is still brand new but, the charts show that the same underlying principles that apply to the stock market also apply to the crypto market. The movements are just much bigger (in either direction) and the time between movements is much smaller. It still feels like ages though, for new investors. Not only that but, because the crypto market is relatively small compared to the stock market, it’s easy for those with big wallets to affect the price whenever they want. So, what can you do? The answer is simple. Be patient. That’s all it takes. You don't have to try timing 10% increases and try to trade to make profit (and I definitely don’t suggest this to anyone who isn’t already a seasoned trader). All you have to do is wait. Buy a bit at a time if you can while it’s down, or just hold what you have. The market will eventually move back up and you’ll wish you would have bought more while it was down. Don’t spend all your powder at once either. There’s nothing as aggravating as making a large investment and then watching it decrease in value by 20% in a day. So, if you’re going to buy, buy in chunks instead of all at once. That way you can ensure that you’re able to DCA down if necessary. The other part that sucks about waiting for the markets to move into bull mode is that it seems like the community just disappears. The hum and buzz of constant Reddit posts fizzles out and only the people truly wanting to be involved stick around to make content. That’s ok though. It just gives a chance to catch our breath and maybe spend some time learning more about SHIB and crypto in general. I’ve said from the first issue that the goal of this newsletter is to have an ongoing database of relevant SHIB ecosystem info, as well as educate the community. Having a strong community is what keeps us going when things seem slow. I’m no chart analysis guru but, I’ve seen enough to know that SHIB probably has 2-3 more bounces off of $0.000028 before we enter another bullrun. That most likely means another month or two of quiet before the next Reddit post party begins.

I also want to add that I am still configuring and forming what I want each issue of the newsletter to include. Since were in consolidation, and things are slow, now’s the perfect time to work out some kinks. To wit, I will no longer be doing a separate “Shiba In-University” and “Spotlight On...” section. In my mind, both of these essentially cover what could be the same type of content. So, there will now just be one single focus for each issue. This will ensure I always have enough time to do the prerequisite amount of research needed to cover these topics.

This week's focus is on capital gains tax and capital loss deductions. With people in the US due to receive their W2’s soon, I thought it was important to shed some light on this often-overlooked aspect of crypto. I realize this doesn’t apply to all SHIB investors but, it does apply to quite a few. Next week we’ll get back to the regular topics that apply to everyone. Also, we’ll take a look at a project aimed at reducing carbon emissions by offering Carbon Credits for staking their token. Shiba Shoutout is a new name for an existing section of the newsletter in which we highlight someone's original and unique contributions to the SHIB community. This week we’ll fly to Ireland to see some sand art inspired by Shib Army.

Don’t worry, my friends. Things will start moving again.

-u/siflbabyshifero

ShibaSwap guide and previous issues:

SHIB Ecosystem Weekly Update: Shiba In-dex

Weekly Analytics 01/17/2022

ShibaSwap Analytics 01/17/2022