RE: The Buy The Dip Fallacy

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Yeah, keep buying the dips!!! Of course they are going to continually say that because they know there's a million bag holders behind you that will take their bogus advice and love it. It's pretty crazy how artificial the markets have become, I keep trying to tell that to my dad but he's oldschool and thinks that the stock market is fantastic.

What will be interesting to see is if this trend will continue once they start to pump fed money into things like Bitcoin. Will we see moon then crash as we do now?



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I would encourage you to check out the stock market of Venezuela and Zimbabwe and Japan and overlay it with when they were printing lol same thing it’s just that the US can still export its inflation as theirs a massive need for dollars world wide and with countries like China and Hong Kong sitting on dollars to hold their peg its artificially high so they can just print till the cows come home

I have no doubt your dad will make money but then going to nail his gains with tax and nail is all with inflation

I’m still unconvinced if institutions putting money directly into BTC just yet they have been more focused on derivatives like ETFs and investing in private equity of crypto companies Until they overcaptislise those markets they won’t look at the real deal

I think what’s going to set it off is one country opens up says this is our position in BTC the first one to do that will make the place go nuts and so far it looks like Iran is mining BTC

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