hopefully i wont be up at all so ill feel better about buying more
You dont want to see btc go down meaningfully here if you have any desire to see it go up in the next 4 years
Democrats will absolutely be nuking crypto if they regain power
it is inevitable that btc will crash 50-70% like it has before multiple times. I don't really want it to happen because I have a decent amount but I've also seen it happen a bunch of times and I don't really care that much when it does because i believe it will go up higher the next time
although with all these btc etfs and institutional investors being involved i'm not really sure if they'll "let" it go down 50-60%
democrats are bought and paid for by the same people who buy out republicans, and some of them hold large amounts of btc
same corporations really
People have been saying this for 6 years
Humans panic
Instituitions for the most part are no better than individual investors
did they have a btc etf 6 years ago? did blackrock own billions of dollars of btc 6 years ago? I thought they didn't but I could be wrong.
if youre talking about when it crashed down to like 3800 in 2019 I don't remember btc being nearly as culturally relevant, institutional investors weren't really there like today so idk it feels to me like shits a little different now but I could easily be wrong and you could be right.
i was buying and selling a ton of btc back then too looking back in my electrum is painful
did you sell everything then?
Yeah like 2 weeks ago or 3 weeks ago
what are you doing then just keeping it in a high yield savings account? youre that bearish on the markets?
Yeah savings until either qe starts or trump gets impeached or his handlers get a hold on him
interesting
will be an interesting 4 years no matter what
I'm not 100% a guy that believes trump is going to magically fix the economy or be bullish for markets because I'm not confident he can just snap his fingers and get the fed to cut rates. Or if he continues to pressure them and gets them to cut rates that it won't do more harm than good. But I do think trump in general is good for business, big/small or whatever and that could lead to numbers going up
He said the economy is broken for so long that people actually believe it