I hope you are right. I keep DCAing. My only heed for caution is 100k us 2021 btc that everyone expected. 17k might be the bottom. I don't know. I hope you are correct. I expect a 100 pts rate hike. Very unpopular opinion.
Even then many could try banning crypto or regulations to the extreme end to rekt the game. I know it's coming. I don't trust them. Only fools will buy into the scheme. If the past two year scam hasn't been telling, there's no levels of diabolical stupidity they won't stop at to secure the ****ery.
Especially anybody who bought too much house.
What happens, IN HER MIND, is that she comes to see you as WORTHLESS simply because she hasn't had to INVEST anything in you in order to get you or to keep you.
You were an interesting diversion while she had nothing else to do. But now that someone a little more valuable has come along, someone who expects her to treat him very well, she'll have no problem at all dropping you or demoting you to lowly "friendship" status.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
You could be correct but with the FED, with the next shoe to drop, Mt Gox, and whatever else is a surprise waiting, I'm skeptical. I think you could be correct but great for the short term.
Yeah most likely but I think we are going to bottom out around 10-12K
Seriously? I expected a full 1% raise. Wrong. I thought 100k btc usd. Wrong. I feel like George Costanza. Do the opposite.
War and inflation.
Now probably would be a good time to load up. Stocks too right?
Do you think it has a future when the economy rebounds?
Men frequently err by talking too much. They often monopolize conversations, droning on and on about topics that bore women to tears. They think they're impressing the women when, in reality, they're depressing the women.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
We're probably approaching the bottom. I've been telling my friends to start scooping up anything below $19k and to be prepared to scoop up more when people are panicking.
Recessions take a while to play out, and the stock market is going nowhere but down while that happens. Look at a chart of M2, the free money days are over. BTC has performed up until now on par with the nasdaq, so there is no reason for this to be a bottom.
I personally think there will have been too many "burnt hands"
Do you mean you expect it to fall parallel with the stock market?
Well I think it depends on if this currency/technology has a future... Tesla was high and low and one point when electric cars weren't forcasted to be significant and that market has certainly grown. Same with Amazon when Brick and Mortar shops ran everything.. it has done great in the post years..
My personal belief in btc long term has not changed, the value is in being the most secure decentralized payment network ever created. The value is in the integrity, set rules and amount of participants. Everything could get rough for a while, there aren't really too many places to hide out other than USD, even that is just trying to time the short term. 99% of the other coins are most likely completely worthless, there will be a few winners but that is anyones best guess. Eth is probably one of the safer alt coin plays. All assets values right now are really based on when the fed pivots, I imagine that will not be until something catastrophically breaks. When that is, nobody knows. Will most likely take some time for this recession/depression to play out. Just make sure you are positioned accordingly. Took a long time after the dot com bust for the winners to recover, just make sure you are prepared for that. Right now I am mainly btc/eth, physical precious metals and a large cash position. I have some real estate and my business too but those aren't very liquid. Just make sure you are positioned to ride out a tough stretch and have minimal debt. There will most likely be generational buying opportunities in multiple asset classes if you have the dry powder.
