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The bitcoin bounce: What comes next?By MATT OTT NEW YORK
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Next? Some up and down but eventually going to near zero.
Volatility in crypto lured me in but it just got ridiculous so I got out…
Bitcoin is non existent assets,just like fools gold
Bubble, bubble, bubble..
I buy now the BTC under $30K and I'll sell it later over $50K.
If one does not believe in BTC staying out is the best.
I gave up telling people about Bitcoin. If you don't want to hedge against fiat debasement, thats on you. When BTC reaches 100k, people will still be calling it a ponzi, and imaginary money, whilst they spend their entire salary of a pack of eggs.
Only institution solvent are lottery,I can buy a winning ticket in any Texas city,and cash it in at another city,the government lose billion in taxes ,that are not reported,a lottery ticket is bonded by an annuity
My gold is going nicely.
My crypto - I don’t care. I don’t have serious money in it.
If one wants to be a crypto day-trader customer of Oanda…
If one is a long term investor, then I know which of S&P 500 and crypto I see a case for converting cash into for the next 20 years.
And gold too.