I'm a convert to BTC.. shoot me!
So we have a massive BEAR.. the bear bear see's the bear! But like any moon-boy you have to see the macro without the meme shit-coin glasses. Is BTC a meme? I mean countries are adopting it this round! With every round it seems to be a bigger macro picture.
Could we break the 31K USD resistance? What the hell is even 31k USD. What is USD? It's a virtually printed shit-coin itself. It doesn't take a genious to see that the 1st world is headed to 3rd world shit-coin status. I'm not a BTC maximalist, I'm just a person who see's the bigger picture. Yes my investment can go to shit (this round), but I'll still be blogging for Hive and LEO even if we don't get a blow off top.
This is the most pathetic Bull-Run on BTC I have seen in years. It almost feels like I am investing back into Gold in 2009.. oh wait that's still up. Yes we can be a stonk-moon-boy and hold your AMC and Gamestop to the bottom, but these aren't exactly working on the same fundamentals.
Fundamentals.. what are fundamentals? Being a maximalist without looking at the big picture?
Networks are spreading and BTC / crypto is growing. A few day's ago I posted the saturation of where USD is planted in the world. In all honesty we know the news is generally for bad news. However there are small pin-pricks of truths showing; mostly instability. Our 'leaders' are only holding things up with imaginary puppet strings and truly believe things can be manipulated forever.
Well human history has shown that empires rise and fall. The cracks are more than showing and yet somehow humanity persists even when things crumble. At certain points you just have to step back and breath.
Symbols fall, and symbols grow. Fundamentals do not seem to matter until they matter.
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Interesting statement. That is why all the talking head financial gurus can tell us exactly why a crash happened the day after it happens, and have not clue the day before.
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Although long term I feel the price will rise, short term I see more downturn. Not many have the patience for the long haul or are in dreamland.
over the next ten years its going to be almost impossible to survive financially. Literally everything will fall to the floor the entire thing. It wont matter if your in crypto, property the stock market, cash. You name it, it will all crumble.
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That's why I'm stacking assets. Alcohol is a good one ;)
haha indeed, probably be banned soon too. Ammunition bro thats all that will be worth anything.
Never.. during the pandemic at least here in Canada they made Alcohol a priority. Drugs, numbing agents are very important for a society in decline. Always a need, but I expect prices to moon on such things. Drugs won't come cheap ;)
thanks for this informative post..I don't think there will be a market crash. As for Bitcoin, I think it will go down to $ 30,000
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I'm still confident in the future of BTC and crypto but just an update, as of today, we did break the 31k resistance
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