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20648960 No.20648960 [Reply] [Original]

Are you aware the upcoming recession will bring all of crypto with it?

>> No.20648975

Corona is over bro

>> No.20649033

>>20648975
It's not and the consequences haven't even begun.

>> No.20649039

Yes and I don't know WTF to do.
Honestly the only thing I would be 100% comfortable holding is JPY. Not even USD/EUR will do.

>> No.20649075

>>20648960
Yes i opened short positions with everything i can leverage

>> No.20649115

>>20649039
I think holding fiat is fine when it happens. The problem is getting the timing right and knowing when to buy back in.

>> No.20649120

>>20648960
>>20649033
I don't agree, but i'm aware of your opinion. But i'm more aware than that, sorry not a 110 iqlet like you

>> No.20649151

>>20648960

Are you aware Silver is over $23 now and jumped 10% in a single day.

>> No.20649168

>>20649120
Most rational people in touch with reality seem to agree.

>> No.20649190 [DELETED] 

>>20649033
I hope someone fucks your ass up real bad.

>> No.20649197

>>20649168
Most rational people don't make money

>> No.20649201

>>20649033
2 more weeks every 2 weeks until 2 more weeks actually happens, right?

>> No.20649248

>>20649197
Got any counter arguments basedboy?

>> No.20649315

>>20649248
The price is going up. Vaccines are being made for Americans right now.
COVID continues to be less and less lethal

>> No.20649328

>>20648960
i'm shorting several altcoins right now, over $250k in shorts. almost no chance of liquidations since i have 15 btc as collateral. when it dumps, that's gonna be like 50 btc. let this shit burn

>> No.20649337

>>20649033
China already has 3 vaccines in phase 3. United states has 1 vaccine in phase 2. In reality china had a vaccine all this time as they released the virus from their lab. They will have it ready to mass produce in a few months. And they will sell it to each country for billions.

>> No.20649386

>>20649033

Short term we may see another 50% drop in a single day. As USDT is keeping the market afloat and the downfall of USDT will be the reason for banking restrictions regarding Crypto.

Long term expect Crypto to slowly rise like it always has

>> No.20649443

>>20649315
>>20649337
The crisis hasn't even really begun in third world countries. Tourism industry is fucked. Large airline companies will most likely go bankrupt.

Vaccine isn't for sure yet and by the time the average person gets access to it much more economic damage will have been done.

>> No.20649471

>>20649386
Imo crypto would've have it's bullrun around now but the general recission is gonna postpone it. After that it should be moon time.

>> No.20649557

>>20649471
Typos because of phone

>> No.20649585

>>20649557
Phone fags get the rope.

>> No.20649624

>>20648960
>Upcoming

Are you aware we're already in it and have been for a while?

Recessions aren't recessions anymore, you literally get given free money now to lessen the impact.

>> No.20649628

>>20649443
China had a vaccine all this time. Barely anyone in China has the virus anymore. Most of its citizens are immune. Miraculously. While the reast of the wotld is discovering they can't have herd immunity because the virus can reinfect after a few months. China has a vaccine and they will sell it like the mafia sells protection in a state with no police.

>> No.20649689

>>20649628
Even if that's true it's bearish

>> No.20649718

>>20649628
>believing anything that comes from the CCP
Ngmi

>> No.20649799

>>20649248
How could anyone make a counterargument to something that isn't an argument to begin with. Plebbit snark is not an argument.

>> No.20649825

>>20648960
HAHAHAHAHAHAAHA

>> No.20649923

>>20649628
This is simply not true. They literally just went into a war time status in Xianjiang province, no one is even allowed on the streets without written permission. To leave you need to have a test, show the test to the government and then get a written permission slip. You have no idea what you're talking about, and you fucks need to get your news from somewhere other than 4chan.

>> No.20649924

let me elaborate on why you are complete utter moron who believes BTC is valued because of it's USD vluation
there is an index that measures the value of the dollar
it's called DXY
as DXY goes down, hard assets go up
it's that simple, there are deviations because of futures and leverage, but the macro of it is very simple

you probably never looked at this chart
go ahead and take a peek, then you'll understand why I'm laughing at your clueless ass

>> No.20649946

>>20648960
God I hope so. I want muh cheapies.

>> No.20649964

>>20649924

>muh decoupling

>> No.20649992

>>20648960
>upcoming recession
nigga we are deep it it more like upcomng depression

>> No.20649993

>>20649924
Did you not notice how the march stock market crash correlated directly with crypto?

Expect that to happen again but worse.

>> No.20650086

>>20649328
What and where are you shorting

>> No.20650135

yes, thats why the Great Reset is schedule for Jan 2021

>> No.20650157

>>20649033
Consequences will never be the same once they backtrace it

>> No.20650210

all these fuds make me want to buy btc even more.

>> No.20650253

The only way the economy tanks is if unemployment stays at these levels for the next year

The market is hitting these highs as a rebound effect from the rapid low. Btc will range in the 5k area for the next 2 years before the next move. The stock rally is over. Expect consolidation somewhere near the middle too

>> No.20650523

>>20649992
Well the market hasn't crashed yet.

>> No.20650541

>>20649923
So you don't think that it's suspicious that china is years ahead of any other country in creating a vaccine when the virus came out of their country in Wuhan which houses a bsl-4 research facility for highly infection diseases where they were known to be studying corona virus and sars and they lied to the who about the virus' capability to spread to other people until they were sure it spread out of the country. Maybe they released it by mistake and didn't have a virus ready but were halfway there.

>> No.20650617
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20650617

>>20649923

>> No.20650717

>>20648960
I really hope so, I love when crypto goes on sale.

>> No.20650776

>>20649923
https://www.minervanett.no/corona/the-most-logical-explanation-is-that-it-comes-from-a-laboratory/361860

>> No.20650847

>>20650086
dogecoin, cardano, and the shitcoin index on ftx

>> No.20650872

>>20650541
Vaccine* not virus