Hi Readers
We are starting to witness some seriously price re-evaluations of crypto currency assets.
For those of you who didn't think this would happen or that the demand for bitcoin was strong think again.
Some of you that I've spoken too and on the blog this is just the entree, the main is coming on the weekend where we could see seriously price falls according to the astrology.
The fact that we should be all locked and load to pounce on the opportunity which will come is the most encouraging thing for me personally.
As I have said before you make money buying not selling so the opportunity to buy cheap will be one not to miss.
Stock markets are just shaking around at the minute but its only a matter of time before the flood gates open.
The one thing people tend to believe is the media hype in assets,what people say and what people do are very different things.
Yes Microstrategy has raise a billion to buy bitcoin, but that doesn't mean his going to buy it straight away.
Ask yourself a simple question would you buy bitcoin at these levels. I'm pretty confident the answer would be no so why would anyone else.
Markets have become some what a war against algorithms, computers jumping in front of your orders to convince you to pay up for the asset.yet its the computers trading 80% of the volume between themselves, something to think about.
For those still holding cryptos I wish you all the best, yes I got out early but I have cash.
Kraken exchange went down yesterday and Ethereum was trading at $750, yes thousands of trades went through at those low prices, good luck with legal action as you have consented to terms and conditions of market behavior.
As Always use the above as an indicator to your own work.
I am not a financial advisor, I am a Financial astrologer.
Ask your financial advisor on more on the above.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.