Caution: Rough Waters Ahead!

Unless you've been sleeping under a rock, I'm sure it hasn't escaped you that the financial markets seem to be in full "meltdown mode."

And we're not just talking about the crypto markets, but also the traditional stock and financial markets. And it's not just in the USA, it's pretty much worldwide.

The Bitcoin "Fear-Greed Index" is solidly locked in at "Extreme Fear."

Seems to me this is a really good time to not be trading anything, and basically to have a full refrigerator and a full tank of gas in your car.

Honestly, though, I am not writing these words to add to the FUD!

It has been a long time, though, since I can remember seeing anything like this... maybe going back all the way to the 2008 meltdown. Of course, we weren't in the crypto trade, back then!

Personally, I am not too worried, though. I have no intention of doing anything other than let my Steem Power grow for the next long while, and it has been many years since I last had anything in the stock market.

That said, I am also well aware that we are likely to have some "turbulent waters" ahead.

The series of events that includes the Covid pandemic, the war in Ukraine, rising inflation and more... well, it's just not a set of stuff that's likely to fuel economic prosperity.

So I'm just preparing to be patient... and meanwhile, I remind myself that while the price of Steem is down, we actually earn more tokens per dollar, so it means it's a really good time to keep "stacking!"

Thanks for stopping by, and have a great rest of your week!

How about YOU? Are you worried about the state of the financial markets? Or do they not really affect you much? Do you think we have better times ahead, or will this be a long downturn? Do leave a comment — share your experiences — be part of the conversation!

(All text and images by the author, unless otherwise credited. This is ORIGINAL CONTENT, created expressly for this platform — NOT A CROSSPOST!!!)
Created at 20220510 23:58 PDT
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