IT BEGINS !!

nicotineandcaffeine said:
Hasn't really mattered what you bought since 2018 or 2019. Actually the only challenge has been to lose money. Gold started picking up, repo markets spluttered, then covid, then... probably people feel safe enough to spend highest ever savings rates and inflation.
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This is actually true and something I had not considered. We’ve been pretty lucky over the past 2-3 years.
 
Goldmiester said:
Just going to leave this here:
https://twitter.com/jerallaire/status/1346233132396257282?s=21
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a stable dollar coin is just a crypto backed by fiat,
when your buying a stable dollar coin your virtually just buying a us $. So its still just essentially fiat but it would be using the blockchain tech for transferring fiat. so dont really get why that guy is saying its a win for decentralized currency as its not decentralized, its value is completely fiat and controlled by the government.
 
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The dying dollar, Joe Biden and Harris, economic crash, printing of trillions, all massively bullish for stocks, gold and cryptos.
As things get worse and the dollar gets decimated these prices will only rise. It takes more dollars to buy these.
Expect retractions from time to time like always.
This could go on for years or as long as the traitors want it to.
Stocks will crash eventually of course but this could go on and on.
Reality doesnt matter anymore.

For me making a few $$ where I can is nice but preserving my purchasing power is always number 1. It all starts there.
 
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The guy who did the rainbow chart (cant remember his name) also pointed out that BTC price has been adjusting more closely to M2 oversupply than gold has been.
 
Stoic Phoenix said:
Why not lock in a trade at $X so if it drops to $X it executes (Stop loss?) and if it keeps going up you win?
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Not bad advise. I've had a few not action, operator error no doubt. I manually transact until I can get it right. Admittantly this was a few years ago and the exchanges have made it far more accessible since then.

Assuming you edited this post. My e-mailed copy was far more shall we say... critical.
 
It'll be risked again :). Now I have the initial investment locked away long term I can now take on a bit more risk with the potential profit. (it's nothing until it's converted back to something of substance)
Just hoping to increase my stake in my preferred Alt coin. Missed a few obvious opportunities by having a very conservative plan at the start.

Goldmiester said:
Smart. I agree, expecting a retraction of around $10k.
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10K USD seems about right. I feel it will re-settle again around the 20K USD mark. What will happen later in 2021 is anyone's guess.
 
in the last cycle it reversed many time to weekly 21 weekly EMA which is now around 17.5k (USD) about 5 times from memory during the bull cycle. If it did that it would disenfranchise many, it would be similar what happened with gold decade ago.
 
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