Evergrande going down (and way more to come), the Fed abusing QE, 5.9 Trillion bucks of releif bills, Buffet indicator, Elon and also his brother selling placements, buffet's money position greatest it's ever before been, and so on and so on etc etc.
To me, these feel like indications of an upcoming market accident like nothing else. The balloon needs to be popped. Exactly how can anyone tell me reasonably that the marketplace can drop at around the Degrees of 1930's depression, and recooperate within one year, and get to highs at the end of the year???
Possibly I'm missing something yet this does not appear as if is all-natural development, rather possession rising cost of living brought on by customers having means much more cash available from stimulus and so on etc as well as producing and also working less than ever.
I 'd sell my position, but don't wish to trigger any kind of tax effects for year 2021, so I'm kind of stuck holding also if the ship drops, lol.
SO, NEXT ...
I had put all my life cost savings right into bitcoins.
Last week, I put all my life cost savings right into Bitcoin. I'm only 30 so I recognize while it is a threat, I still have a possibility to recuperate if it collapses, and I have a full time work anyway. I just assumed how individuals around me are placing cash into their homes, into youngsters and also pricey wedding events, as well as they will certainly never get a return on that particular. It just vanishes. I likewise assumed exactly how lots of people will go their whole life as well as not take a risk and also 'go for it' ... and when I'm older, I will not be able to points such as this. I will certainly be a great deal much more traditional. Currently is the moment for me to take a danger.
I don't know just how long I'll keep it in, yet I'm thinking at least 5 to 10 years, perhaps much longer. Another point I assume about is that there will only be 21 million bitcoins ever before launched, as well as that is NOTHING when I stop as well as assume regarding it.
Crazy tale, right?but this is true.like in dream.and my close friend told me that:
DCA and also mainly disregard rate. If you see red, acquire more. If you see environment-friendly, appreciate.
Green candle lights: Portfolio is up! YAY!
Red candles: Bitcoin gets on Sale! YAY!
You can not shed, just HODL.
EDIT: WTF, BITCOIN!YOU MUST WIN!
TODAY IS 2023/2/01. Congratus!
How can any person tell me genuinely that the market can drop at around the Levels of 1930's clinical depression, as well as recooperate within one year, and also reach highs at the end of the year???
Maybe I'm missing something but this does not seem as if is natural growth, rather asset instead caused rising cost advantages of cryptocurrency on economic situation living triggered having customers more means a lot more cash money from stimulus etc etc and producing as well as working as well as functioning much less before.
I simply believed just how the people around me are putting cash into their homes, right into children and also costly wedding events, and also they will certainly never get a return on that. I also believed exactly how a lot of people will certainly go their whole life as well as not take a risk and also 'go for it' ... as well as when I'm older, I will not be able to things like this. I do not understand exactly how long I'll maintain it in, however I'm thinking at least 5 to 10 years, possibly much longer. An additional point I assume around is that there will just be 21 million bitcoins ever before launched, what is cryptocurrency mining and that is NOTHING when I stop and also believe regarding it.
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