/biz/ - Business & Finance

Recession + crypto being a risk asset = not good for crypto?

Sell crypto on the next bounce and rebuy 2022 (once everything settles down)?

I REPEAT ABORT ABORT ABORT

66,000 BTC ON THE MOVE. SELL SELL SELL

https://blockexplorer.com/address/1EBHA1ckUWzNKN7BMfDwGTx6GKEbADUozX

Guys I have a terrible feeling that we are about to be hit with a sea of pink wojak.

SELL NOW. Something terrible is about to happen, I just feel it.

Sell now! Everything is going to crash hard!

I am senior data analyst working at BlackRock, one of our hedge fund departments has just concluded that real fundamental value of ALL (!!!) cryptocurrency is worth somewhere between $600,000,000 to $1,200,000,000, while intrinsic value of one Bitcoin is less than $20. Everything else is just speculative capital, which will eventually burst in the next few months.

We expect total market capitalization to decline further to about $20,000,000,000 by the end of May.

All of you faggots who still HOLD will lose most of current value of your digital Ponzi tokens. This is just the beginning. We expect further 95% decline from current valuations.

You have been warned. This is just a very friendly warning to all stupid cryptocurrency holders on 4chan.