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/biz/ - Business & Finance


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50419111 No.50419111 [Reply] [Original]

>>You retarded normies are so mind fucked by the fed. Inflation means fiat is becoming more worthless. It is BULLISH for bitcoin in the long term. It is only bearish in the short term because retarded, gambling traders, using waay too much leverage, are preemptively shorting because they think the fed is going to lay down a big dick interest rate hike or something. But the fed has never done enough to stop inflation.

>>Two things are going to happen. Inflation is going to going down, even if it goes to 4-5%, that will be considered low relatively, but still be bullish as fuck for bitcoin. Or inflation stays high and the fed keeps hiking, but when people realize the fed can't do shit to stop it eventually people have to buy back in as they are losing 9% on their cash right now.

>>Either way, long term, bitcoin wins because fiat is literally designed to go down over time. just fucking buy and hold and you will 50x your money holding bitcoin over the next 10 years vs fiat. It could go down in the short term but it would only be an even better buying opportunity. So don't use leverage or take on debt because you don't want to be forced to sell in the short term like the fed is trying to get you to.

>> No.50419183

>>50419111
> goes from 68k to 18k in matter of weeks

>> No.50419498

Bitcoin has only existed during an insane FED printing spree. Up until now, when FED started raising rates for the first time in BTC existence. BTC crashed.
The first big test for the bitcoin is an inflation hedge theory came when we got the highest inflation in more than 30 years. What happened? BTC crashed, you would've retained more buying power sitting in cash.
Sorry to say the odds are not on your side, and "retarded normies" are outperforming crypto bros rn.

>> No.50419514

>>50419498
Shut up.