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RE: Bitcoin Crawls Back Above $50,000

in LeoFinance3 years ago

Interesting.

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

On the other side, how to bust a market? With irrational pumps to the moon. So why not :D

Would be really nice, but i don't see it :)

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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.

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.