Not just a normal Bitcoin bear market?

[maxinger]

really. on cnbs for 20 minutes, but its only me .

ok

they said 'just ignore him', when Hitler made his speeches too .

If you are a day trader, don't

ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever




watch CNBC !!!


____________________

 

[maxinger]

If I was going to invest in crypto, it would only be btc. It's the least risky of the bunch.

 

[JackMorgan]

If you are a day trader, don't

ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever
ever ever ever




watch CNBC !!!


____________________

theres a case to be made for only trading off the tape, but most people like to know when a nuke goes off

 

[maxinger]

theres a case to be made for only trading off the tape, but most people like to know when a nuke goes off

actually, I watch CNBC too.

I watch it more for entertainment purposes.

Those CNBC staffs are professional writers, not professional traders.

 

[guest_trader_1]

View attachment 286837

Says it all.

I can imagine what the CNBC guys were thinking: "let's get this psycho on air, let's have a laugh"
They interviewed him because everyone is waiting for this company to blow up, so it is a good show.

 

[JackMorgan]

actually, I watch CNBC too.

I watch it more for entertainment purposes.

Those CNBC staffs are professional writers, not professional traders.

99% of the time its at the corner of my eye and muted

 

[Monobrowtrading]

99% of the time its at the corner of my eye and muted

That’s what she said.

 

[NoahA]

Cash is the only safe spot because there will be resetting of valuations across the board. First it's pre-revenue and unprofitable companies. Then it's profitable companies at high valuations. Then its the value stocks. Then it's capitulation. And this can happen over years.

How on earth do you expect a resetting of valuations when this will mean a total collapse of the monetary system? If the March 2020 lows weren't bought up as quickly as they were, it would have collapsed there. Jobs are at stake, pensions are at stake, and all of this is necessary for stable food and energy supply.

Seriously, if the market drops over 50% and stays there, the government and the people are beyond broke. Then what do we do, build up from here with more fiat currencies? You will have to pick a system where something like this can never happen again, and that will be a system where the government doesn't control the money supply.

All roads lead to bitcoin!

 

[newwurldmn]

How on earth do you expect a resetting of valuations when this will mean a total collapse of the monetary system? If the March 2020 lows weren't bought up as quickly as they were, it would have collapsed there. Jobs are at stake, pensions are at stake, and all of this is necessary for stable food and energy supply.

Seriously, if the market drops over 50% and stays there, the government and the people are beyond broke. Then what do we do, build up from here with more fiat currencies? You will have to pick a system where something like this can never happen again, and that will be a system where the government doesn't control the money supply.

All roads lead to bitcoin!

the market won’t stay down 50percent. It will rally from there.

Bitcoin will fall further because it’s a quasi equity investment on a future financial system that doesn’t produce any cashflow now.

as a hodler you should be thrilled that Bitcoin is outperforming other “non-profitable tech”

 

[NoahA]

the market won’t stay down 50percent. It will rally from there.

Bitcoin will fall further because it’s a quasi equity investment on a future financial system that doesn’t produce any cashflow now.

as a hodler you should be thrilled that Bitcoin is outperforming other “non-profitable tech”

You don't get to produce cashflow if your house is at 50% value and you can't make payments. You don't have a job, and business has no customers. The government is the economy right now. If government stopped all printing and borrowing, what is the true value of a business?

The bloodbath you see in crypto now is the same bloodbath in the markets if the Fed wants to fix their mistakes. They of course can't fix shit. At least with Bitcoin, when all the dust settles, you have a viable system. With fiat, when it all settles, you have a broken system.

It won't be long till they try and reinflate again. If they don't come to the rescue, how will the economy function when government is I think at least 30% of GDP?