/biz/ - Business & Finance

>>16678653
Great insight and experiences mate. I remember buying back in 2013 and buying electronics with it, but it never dawned on me how it was related to the performance of other markets until watching the price go to 1k and then back down and then up again. Ethereum emerged and so did more investors and buyers. This time around with more people involved, the bubble is going to take a lot longer to rise again. Halving doesn't necessarily mean the same this time around.

> if you hear "W-shaped double dip recession, new normal, buy gold, buy guns, buy bonds, get out of equities" then you buy, buy, buy nothing but stocks using every fucking line of credit you've got. If you hear "muh recession is coming, this is the longest expansion ever, the Fed is running out of options, buy gold, buy guns, but DRUMPF!!!" then keep on buying, sit back, and relax because the DJIA is going to 50k and any equity bear has been put off for another half decade or more. Crypto, same fucking deal. Sell into strength, buy into weakness...but you gotta let your winners run, and avoid those falling knives.

100% right. I might print that and frame it lol
We're hearing the latter about a recession and the problems with the Fed handling their QE and interest rate adjustments.

The bottom is far from in, but it is coming like it always does.

Bitcoin bear market has just started. It won't end for a few more years.