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RE: Last Chance To Take Profit? - Chart Shows Correction Is Imminent / Trutheum: Awesome! / ETH Ice Age

in #crypto-news7 years ago

Charts are cool if nothing substantial happens... I hope for you guys who dump everything now in order to buy back for less money, that nothing serious happens to the financial system... in this case you can double or triple by dumping now... if something happens you can be out of the game... it is a bit of a gamble...

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I highly doubt anything that substantial is going to happen to the global financial market in the next few years... Nothing as substantial as will make it a bad idea or impossible to buy back into cryto later, anyway.

You might be right.... but debts and derivative levels are at all-time-highs at the moment... A family of four in the US has 1 million USD in debt from their government.... But sure... if no one cares a family of four could owe 5 or 10 million as well... I have been wondering for a long time how worse these figures go before it crashes....

At this point the fiat markets are still much more stable than the cryptocurrency markets... I don't think it's fair to say there's a huge risk by cashing out into fiat in most countries.