We are between "Anger" and "Depression". This is the equivalent of 2019 bear market, a period of slow and downwards/flat movement price.
The best time to accumulate is now.
We are between "Anger" and "Depression". This is the equivalent of 2019 bear market, a period of slow and downwards/flat movement price.
The best time to accumulate is now.
Shemitah isn't over yet.
We're going lower.
I also believe we are going lower, but nothing crazy. Probably a slow 30% drop over the next 10 months.
Hash ribbon flashed. This means we're at the second part of the bear now.
correct
Anywhere between 10-14k is a decent bottom. Starting to accumulate once it hits 14k is probably the safest play
This sad reality. Major happening is scheduled for September sometime before the official end of Shemitah
polcel theses don't count
Crypto has never experienced a real recession.
The SP500 has only gone down 20% so far, it can go down to 50%.
we are actually around the Anxiety/Denial level on this chart.
There is huge tail risk because this will be completely unprecedented for crypto, many might be geniunly concerned that certain coins will never recover.
WHy do you retards keep fudding yourself out from buying low?
He did not say go all in now (like me), he said dca.
What if the merge send eth to 3k and btc to 30k
THen you cry like a little kid again
We are in the denial phase.
The recession is a meme at this point, it´s already priced in.
>Crypto has never experienced a real recession.
BULLSHIT
2020 was the worst worldwide recession after ww2 and there are countries who still struggle to come back. And now you go crazy over a meme recession in the USA that doesnt even lead to less jobs
that's the thing with bottoms
they appear when everything looks fucked up and buying feels retarded
It's the inverse of the bull run euphoria. They're trying to time the bottom and it's greed that gets in their way.
>"It keeps going down! If I wait just a little bit longer, I can buy moar and be rich!"
just like
>"It keeps going up! If I buy moar now I can be rich!"
>2019 bear market
ALso to critice you, 2019 had a violent x3 bullmarket
A x3 from here would be ath
Yeah and i feel they are the same guys quite often
The fact that there are still jobs tells you that the recession hasn't actually happened yet and the bottom is still far away.
an 'overheated' labor market is the reason for inflation, and to prevent inflation the economy will be crashed.
2020 wasn't a real recession, the recovery was far too fast, the lockdowns justified insane QE that prevented any real creative destruction.
were at complacency
>complacency
>not euphoria
We've had two consecutive quarters of the GDP shrinking, you dumb bastard. Plus we're importing millions of unemployed ESL shitskins every year.