Euro zone inflation hit a new record high of 5% in December

[Silberman]

This is not looking good for world economies.

Pretty much every single country is on the verge of a serious inflationary crisis and people are not panicking because they trust the government too much.

The current sell-off in fiat hedges like BTC make absolutely no sense for this reason. It is essentially the only safe haven other than precious metals that you should be parking your funds in.

We must understand that regular people have relinquished the control of their finances to governments and banks, so they trust that they will somehow solve the crisis that is coming and they avoid being affected by it, however if they had at least some historic memory they will know that there is an important economic crisis every decade, which shows that governments and banks not only will not protect them but will throw them under the bus when the time comes.

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[iv4n]

Time to buy more bitcoin!

I guess you're right. I have bought already mine when bitcoin dipped at 40k and so far, I do love the growth that my bitcoin has taken when the market price has gone back up again, don't plan to sell mine anytime soon, just accumulate more so I can enjoy bigger profits when bitcoin starts going up towards the moon again.

I also don't see any other way that can save us! Inflation in my country is up even higher, the prices of basics are higher... everyone says it will hit the poorest, as always! We had problems before this crazy pandemic, but now the only thing I see is the mass confusion, and of course, in all that mess some billionaires are just getting richer!
Time to buy more Bitcoin, time to get some bag of some decentralized alts... I guess their time is coming because this system will explode, sooner or later!

[justdimin]

Time to buy more bitcoin!

I guess you're right. I have bought already mine when bitcoin dipped at 40k and so far, I do love the growth that my bitcoin has taken when the market price has gone back up again, don't plan to sell mine anytime soon, just accumulate more so I can enjoy bigger profits when bitcoin starts going up towards the moon again.

At the end of the day if you buy when it is going down, the worst case is that it could go even lower but you will wait and make a profit when it goes up, the best case it goes up right away. I do not see any problems with any sides and it is a win-win situation. Buy low and sell high, we should always remember that.

You already bought bitcoin and you have made a great decision with it, that is why there is absolutely no need for any of us to do anything extra, it is just a superbly interesting thing to watch some people who "get it" as in understand the market, whereas some do not know how it works. It is shocking to still see people who see price going down and selling and getting out, it is not really reasonable to expect something like that if you ask me.