/biz/ - Business & Finance

>>52317079
Explain to my why not…
As I've posted in other threads today:

Bitcoin has never been through a recession.
(minus the scamdemic one, which the central bank printed its way out of quickly)

Bitcoin was born in the era of EASY MONEY and ZERO PERCENT INTEREST RATES.
It is a HIGH RISK asset, which people buy when times are good.

So now let's see how it performs through what will likely be a SEVERE recession.
Note pic related.
The odds of recession are 95%+ when this chart goes negative.

I think you guys should consider seeking safer assets than magical internet tokens.
The next couple years are almost certain to be an economic shitstorm, and nobody will be gambling on dog coins during that time.

YOUR GUYS' OPTIMISM CHARTS NEVER GO BACK TO A RECESSION.
BECAUSE BITCOIN HAS NEVER SEEN ONE.
(minus the scamdemic one, but obviously that was quickly glossed over)

Bitcoin was born in the era of ZERO PERCENT INTEREST RATES.
And INFINITE CENTRAL BANK EASY MONEY.

So now let's see how it performs during what is going to be
A LONG AND SEVERE RECESSION.

Look at pic related.
The 3 month and 10 year have inverted before every recession back to the 50's.

You might consider getting out
WHILE THE GETTING'S GOOD.