Hello guys, posible reasons why the price fell? Do you think it is because of the existing inflation in the USA? According to Biden, it is the largest inflation rate in the last 40 years, because it spoke that it recorded an inflation rate of more than 8%, to be more specific 8.6%, and in Europe the same with 8.1%, panic has taken over of many investors ...
Biden is understating the seriousness of the matter.
There is a difference between nominal inflation rate and real inflation rate... and there is less room to maneuver than there was 40 years ago.. but US does still have the advantage of using the whole world as its piggy bank.. even though there seems to be quite a bit of backlash playing out in regards to that practice, too.
Who have thought about buying? buy in this dip? It is not a bad idea, they are fresh btc due to panic, I wonder these investors where they will put their money? Because in money Fiat no longer, I think that a good option is gold ...
Short term a lot of folks rush to cash.. but sure they are kind of in a pickle no matter what.. and only a very small number of them will both figure out bitcoin and act upon their having had figured out to get into bitcoin.. and that is even if they are authorized to do such... which surely gives us retail folks quite a bit of an advantage to front-run those status quo advantaged fucktwats.. because bitcoin is an every man investment.. even though some institutions have to get approval to get into it...
hahahahaha... poor lil tingilies.. I feel sorry for them...
NOT... We are all "psychopaths" apparently remember ?
this "psycho" is still here.....and have some unused funds.
was thinking of using them at the 'bottom' of the stock market plunge, but might put into btc instead...in due course.
Not buying the falling knives, though, although it is tempting.
hahahaaha
Decisions, decisions.
What to do? what to do?
Do I increase my 20 BTC or not?
21 BTC might be a good number, but hey maybe it would be better to invest in a "safer" asset... ?
hahahahaha
And, you wonder why I have a tendency to wonder about uie pooie.
I always say that you have to buy in RISING market, not in dropping one.
I know that it is counterintuitive, but it is so.
Of course, timing is still tricky because you can have a temporary reprieve that could last months.
That's why you can be categorized as "wimpily" invested in BTC rather than "over-invested"
It seems like overly invested gives more options.., especially in an investment like BTC that has historically appreciated so much (the best really - especially if we are looking at 5 to 8 year time horizon.. or a wee bit longer perhaps for some of us - including uie-pooie) and is likely to continue to be amongst the best asymmetric bets to the upside. - just saying..