go short it ...let's see how that works out for youone day the government will pull the plug on this gambling game of bitcoin.The rich bit coiners will be in tents.
go short it ...let's see how that works out for youone day the government will pull the plug on this gambling game of bitcoin.The rich bit coiners will be in tents.
Just got to the Reviews Outcall section, get a nice room for a few nights and de-stress. More fun than watching BTC blast off and ETH and your fav ALTS lose ground. UGH !Since inflation is starting to warm up again, Powell will definitely be hawkish on Wednesday. The 0.25 cut will be met with some initial enthusiasm by the market, but after Powell speaks, expect markets to tank hard.
This will be the start of my profit taking stage. I was way overexposed, investing everything I had in alts, Microstrategy and Bitcoin. Way too stressful. After selling half of my portfolio tomorrow, I can finally enjoy the ride without stress and anxiety .
Don't just wear your rosy glasses when watching the market ! BTC wicked up to $ 108+ area and the bears kicked the shit out of it all the way down to $ 105,700 area. ETH yesterday was all the way up to $ 4,100 and this am got kicked down to $ 3,915 for a short time. When a few rich bears decide to put in some huge orders, the high priced bids drop in a millisecond . . . thus the 2 or 3k red candle wick flash crash dips. Notice how all media never dares to blame market manipulation, they just say " flash crash" or "profit taking" . . .Looking very bullish. Next leg up over 110k probably coming soon.
Many big crypto players pulling out 100% saying the BTC has peaked and they want to go risk off now. UGH !Just two more quarter point rate cuts next year, damn.
Yeah, I don’t blame them. This isn’t good. By all measures stocks are way overvalued.Many big crypto players pulling out 100% saying the BTC has peaked and they want to go risk off now. UGH !
I guess I won't be meeting you at the Lambo dealership or Kia dealership or Tangerine Rent-A-Bikes, but the Presto machine at Union Station , UGH .Yeah, I don’t blame them. This isn’t good. By all measures stocks are way overvalued.
Buffett Indicator: The percent of total market cap relative to GNP
The percentage of total market cap (TMC) relative to the US Gross National Product is used to measure the overall valuation and predict the potential returns of the stock market.www.gurufocus.com
Bitcoin is highly correlated with global liquidity. Therefore if inflation raises its ugly head again, things will get worse.