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RE: Bitcoin Crawls Back Above $50,000

in LeoFinance3 years ago

Another year of green would be IMO really unlikely because all markets are a bit fucked.

You have a good point. Bitcoin has existed only when the general market has gone up for 10+ years. So there's no real data on how a larger down trend would affect Bitcoin.

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That's true.

To crazy times to predict on that topic in general. Because governments do also black swan events all over the world.

Since Bigger boys trade crypto too, I would add to the traditional assets market (with high beta). Maybe some mix out of techstock/bond and cash/gold.

And in terms of liquidity crisis over the markets, I could imagine Bitcoin would hit the same as every other asset.

In terms of risk/ reward. I don't see a reason to buy at those levels.

Hodl and balance time IMO.