Things don't look so bright for the economy right now... are we about to enter one of the biggest global financial crises ever?
Sorry to say but my answer is yes... but it may take a year or two. πββοΈ
Just this weekend alone, the world has seen the governments announce Rate Cuts, Helicopter Money, Tax Cuts, QE, Fiscal Promises, Stock Buying, Cash Bans, Record Repos, $1T Bazooka, Neg Yields, Unlimited Liquidity, All Assets like gold and silver... etc... etc...
Did I leave anything out? π
I'm not saying that the whole world system is going to collapse right now but in 2021 and beyond are going to very tuff times for people in the world.
If you think the Coronavirus caused a frenzy, wait til' when the whole financial system starts shutting down.
As for the Bitcoin and the cryptocurrency markets... these are high risk speculative investments and if the economy starts crashing, I don't think many people will enter the market. π π
The Cryptocurrency markets are taking a huge shit as I write this and more pain may come down the road. π€
When will the bleeding stop? No one knows for sure. π€·ββοΈ
If people get scared enough in the next few weeks from the Coronavirus, I can see Bitcoin get cut in half to $2500! Yeah, I said it.
However, Like I said many times before... I'm still a believer in Bitcoin regardless of the price. If we ever do see Bitcoin at $1800-$3000 again... be sure to stack as much as possible. π°
Just my two cents. Stay safe guys... its going to be a very bumpy ride in the next few years.
Keep on STACKIN! π
~ Charles Fuchs
For those who's interested in following my "Content" and "Daily" Posts... you can just follow me @stackin to get my updates.
You Can Follow Me Here:
β‘οΈ UpTrennd: https://uptrennd.stackin.co
β‘οΈ Facebook: https://facebook.stackin.co
β‘οΈ Twitter: https://twitter.stackin.co
β‘οΈ Instagram: https://instagram.stackin.co
β‘οΈ Steem: https://steem.stackin.co
PI NETWORK: Pi is a new digital currency you can mine on your mobile phone for free without draining the battery or using data. Use The Referral Code: ( stackin ) to be on my personal team.
Crypto.com: Get The World's First ELITE Cryptocurrency MCO Debit Card and we both get $50! NOTE: You must stake 50 MCO to get the $50 + 2% cashback on all purchases. Must use Ref code: ( mqanqykcym )
Got hit hard just now... holy shit 116 too 1 silver to gold ratio hahaha... Highest ever in thousands of years haha
Silver is Real Money and we will be Rewarded for stacking it............
4k here we come, I wonder where the bottom will be, looking to take up some tastey positions in a couple of alts like $40 gets you massive stake in some of these coins lol
Iβm waiting for the fear to leave the USA, there closing shit down everywhere this week... more fear coming π
Lol well in that case, let me hold on a little longer, sure Trump will be getting on the fed to keep printing. The cash crash will be in full effect over the next few weeks, I wonder how bad it will get in the US, since its still new there, that 3 week range is usually when shit gets hectic
We can see a push up soon, the powers to be will let in more fear in this month. I already know they have a vaccination ready to go but they are just using this crisis to steal trillions oof dollars under the average joe's while millions of them are distracted buying toilet paper lol
This is just a small test. The shit will hit the fan next year or in 2022. :)
Let's not forget its also an election year so premium misdirection time while they secure they bags, they know the dollar is in the shit with the whole petrodollar looking to come to an end why not have one last ride, vin diesel style
If you don't hold it, you don't own it.
Talking like a true stacker π
Posted using Partiko iOS
Congratulations @stackin! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Congratulations @stackin, your post successfully recieved 0.00009113 TRDO from below listed TRENDO callers:
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
Congratulations @luminaryhmo, you successfuly trended the post shared by @stackin!
@stackin will receive 0.00009113 TRDO & @luminaryhmo will get 0.00006075 TRDO curation in 3 Days from Post Created Date!
"Call TRDO, Your Comment Worth Something!"
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
giphy is supported by witness untersatz!
Upvoted π (Mana: 0/3 - need recharge?)