Very Interesting Watch
see those crossover lines ....that is just like MACD and signals a huge bounce upward....or so I'm hoping LOL. Bitcoin is for sure a gamble but within 5-10% of total portfolio I say ****in roll the dice ...make 500% or lose it all !For all you guys that think BTC is a hedge against fiat currency.......
Here is inflation vs. expectations:
Here is price of BTC:
They are moving in exactly the opposite direction. It turns out BTC is a risk asset after all. It is a non financial risk asset but a risk asset nonetheless.
Gonna buy more?see those crossover lines ....that is just like MACD and signals a huge bounce upward....or so I'm hoping LOL. Bitcoin is for sure a gamble but within 5-10% of total portfolio I say ****in roll the dice ...make 500% or lose it all !
see those crossover lines ....that is jjust like MACD and signals a huge bounce ....or so Im hoping LOL. Bitcoin is for sure a gamble but wotjhFor all you guys that think BTC is a hedge against fiat currency.......
Here is inflation vs. expectations:
Here is price of BTC:
They are moving in exactly the opposite direction. It turns out BTC is a risk asset after all. It is a non financial risk asset but a risk asset nonetheless.
Gonna buy more?
Central Bank Digital Currency (CBDC)
Could this be a reason why BTC is loosing a little steam?
By rolling, you mean you still have those 5 you purchased? No need to answer if too personal.I've been rolling my position but wouldn't go HARD until I see 70k .
I would rather go all in at 70k with momentum money and the FOMO.
Otherwise I've watched this languish and be dead chop for years on end, over and over.
GLTA tho!!!
see those crossover lines ....that is jjust like MACD and signals a huge bounce ....or so Im hoping LOL. Bitcoin is for sure a gamble but wotjh
here is my opinion. would I go all in on crypto? no way in hell. It is WAY to volatile and way too many unknowns. HOWEVER. Bitcoin is basically 50% off right now. If you can afford a few grand right now, or a small amount of your retirement, now is GREAT time to buy. In my eyes, the American dollar is a failed cause a depreciation. Personally, I will be saving an emergency fund of cash. The rest will be ALL stocks, crypto, real estate, gold, and silver. I fear that a second round of COVID will cause another panic and sell off in the market. This is going to be another great buying opportunity for all of us.
So here is where im confused with your stance. In 1 thread you are in full panic mode and sell everything you own.
In this other thread you are hold on to all the crypto you have.
It makes you look very wishy-washy.
Everyone that financially can afford it should have 18 months of income in US cash.
see those crossover lines ....that is jjust like MACD and signals a huge bounce ....or so Im hoping LOL. Bitcoin is for sure a gamble but wotjhFor all you guys that think BTC is a hedge against fiat currency.......
Here is inflation vs. expectations:
Here is price of BTC:
They are moving in exactly the opposite direction. It turns out BTC is a risk asset after all. It is a non financial risk asset but a risk asset nonetheless.
Gonna buy more?
So here is where im confused with your stance. In 1 thread you are in full panic mode and sell everything you own.
In this other thread you are hold on to all the crypto you have.
It makes you look very wishy-washy.
Everyone that financially can afford it should have 18 months of income in US cash.
see those crossover lines ....that is jjust like MACD and signals a huge bounce ....or so Im hoping LOL. Bitcoin is for sure a gamble but wotjh
here is my opinion. would I go all in on crypto? no way in hell. It is WAY to volatile and way too many unknowns. HOWEVER. Bitcoin is basically 50% off right now. If you can afford a few grand right now, or a small amount of your retirement, now is GREAT time to buy. In my eyes, the American dollar is a failed cause a depreciation. Personally, I will be saving an emergency fund of cash. The rest will be ALL stocks, crypto, real estate, gold, and silver. I fear that a second round of COVID will cause another panic and sell off in the market. This is going to be another great buying opportunity for all of us.
in that thread I was referring to secondary items such as cars or homes. I wasn't talking about investments. I still think a substantial crash is coming with homes and the stock market.