Lot's of negativity even from seasoned people, not too worried to be honest, expect to see higher prices soon(ish)
I 'expect' sometime this Fall of 2025 that we will be in an 'official' recession. With all the drama and Trump's erratic decisions like Tariffs/etc....a certain amount of 'adulting' is
now lost in society. So the 'wake up call' will be this 'hopefully' erratic behavior by the executive branch..limited by other branches of usa govt. Consequences are, again, IMHO,
we were 'due' for a recession anyway..but this will be a 'deep recession' in my view, while sh*t gets put back together govt/society/personal debt wise, etc.
However, I expect IF the stock market and economy tanks say 25% and we do go into a recession that BTC will be hit harder then that first in that it is a 24/7 sell in
a panic and most people (reason for recession) are over-extended be it corps/small biz/rich/middle class/poor or whatever. So the cc has to be paid, dentist for the kids
equity in the house is gone (value drops) and cc maxed out..etc/etc. Eventually (because people will have to face this in like cc maxed out and other such same) have to
get their finances together but that took years to get this way for above and years (at least a couple) to get out of such.
Again, 'adulting' sucks but it is coming. Again, IMHO.
So btc will dump big time initially...could be up to 6 months or more..but then come back strong along with gold/land/btc....I really doubt that 'usa bonds' will do
better than gold/land/btc as such....so just saying prepare for a wild ride...and HODL.....my 'imaginary' timeline to consider selling is 2035 when 99% of all btc will
have been mined by then. My stuff is in a 'trust' for friends/relatives I live on other stuff and have not touched (added some) this since 2015...but as an 'imaginary'
timeline of 2035 it is comforting.
So thing is with recessions and bad times (i've gone thru at least 4 of them) EVERYTHING has a point where it free falls and is worth less (unless we get hyper inflation)
but with $$$ dollar worth rot (this year 10%) and most of what people consider valuable going down in value in a recession it is not IF such will happen to btc
it is WHEN it will pump as a result of choices...when people want security for their $$ to invest WHEN they get a handle on cc debt and other stuff with room to buy
and get assets again. This is even going to be more 'stark' in the world, especially in corrupt society's and govt's........
so pain is coming for everyone....hang in their and HODL....the 'grown ups' have to take control of society in some manner....and recession is probably the wake up
call..if not it will be much worse than just a recession IMHO
So the idea of BTC suddenly pumping and $$$ flowing into such as an 'investment' with tight $$$ to do so in a recession..everyone knows they should buy stocks/land/btc
but are 'strapped' for cash or real life problems like the loss of a job or cc debt....at best I'd like to see 'sideways' as such in price as people HODL. But again, I don't
expect a pump till all this settles some in 6 months or more AFTER officially in a recession. I hope I am 'incorrect' the btc shines when all my other assets tank...but
in the past that has not really been the case.....so HODL..and get some BTC 'dust' on PayPal at least once in awhile IF prices go down.....
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