HardFacts (OP)
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September 05, 2022, 06:55:06 PM |
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Who is going to ride the next bitcoin crash down The Federal Reserve as vowed to tighten monetary conditions to bring down inflation. This includes bringing down FINANCIAL ASSETS. The link between Bitcoin's price and Speculative Nasdaq stocks is undeniable. Once the selling starts again, it is going to cause more people to get out, and turn into a vicious doom loop. The icing on the cake of doom will be the implosion of more crypto companies IF I did own and love Bitcoin I would sell before the crash, and buy in at a much lower price so at the end of the day I had twice as many Bitcoin. Personally, I think bitcoin is the best way in the world to loose money right now, and I would not hold any. UNIVERSALLY ACCEPTED FINANCIAL WARNING: Past performance is not indicative of future results. Google it...
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Bitstar_coin
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September 05, 2022, 07:02:06 PM |
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And you are trying so hard to make it sound like dooms day: Crash = buy opportunity, perhaps you haven't noticed. This your another opportunity to buy btc at a cheap price so you can get over your negativity towards the tech and embrace positivity . These are Hard Facts.
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The Cryptovator
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September 05, 2022, 07:06:05 PM |
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Are you trying to create FUD? Unless you add enough evidence behind of scenes then it's likely a FUD. If you don't want to hold Bitcoin doesn't mean no one wants it. You are going to sell doesn't mean there is no buyer. Bitcoin is the most volatile cryptocurrency, so price up and down is normal. Nothing to worry about that. A lot of haters around us and they don't like Bitcoin's growth. So they will always try to create FUD and dump it. But who knows if they like to accumulate at a cheap price?
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Ever-young
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September 05, 2022, 07:11:04 PM |
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Why are people talking about this federal reserve as something new this is the 2nd time am coming across this topic on this forum. btc price will fluctuate, price will go down and it will definitely come up back, so far as government don't have control over BTC, am not worried about anything, only few investors will backslide but they will eventually come back.
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Anonylz
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September 05, 2022, 07:43:42 PM |
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Leg down! right or left? lol, I don't know why this federal reserve talk is gaining so much attention, we are already in a bear market due to several other reasons, I guess federal reserve will be added to the list of reasons why btc price will dip lower. To me, i hope to have some cash with me when it eventually happens so i can do some shopping because there is always a light at the end of the tunnel.
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Upgrade00
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September 05, 2022, 07:52:47 PM |
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Are you trying to create FUD? The Op has hundred of such replies and a handful of FUD topics with some being outright trolling. It's most likely an attempt to get attention from the forum and it seems to work a lot, or some people get to have fun at the expense of the troll. Personally, I think bitcoin is the best way in the world to loose money right now, and I would not hold any.
Good luck finding the best way to gain money and actually expending energy on that.
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MinoRaiola
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September 05, 2022, 08:48:30 PM |
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Personally, I think bitcoin is the best way in the world to loose money right now, and I would not hold any.
That is a extreme statement. Things are looking really bad at the moment. I don't think the next few months will be good, no matter in which asset. This bear market is different from the last. The energy crisis, Corona crisis, inflation and the FED and EZB acting like they don't know what to do. One question to ask yourself right now: Is cash or bitcoin a better asset for hodl or invest?
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franky1
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September 05, 2022, 09:15:09 PM Last edit: September 05, 2022, 09:43:43 PM by franky1 |
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i was wondering what the topic creator was FUd'ing about.. seems he is repeating some chosen words of https://cointelegraph.com/news/what-does-the-fed-s-fight-against-inflation-mean-for-crypto-macro-analyst-explainshttps://youtu.be/zUsg8nP2WWEhere is the thing if they are going to make fiat undesirable to save (low bank account reward interest) then people will want to save wealth elsewhere. (their hope is for the rich to spend their fiat hoard on goods and trickle some of that elitism fiat down to the basic low paid retail employee's, to stimulate the economy by making it bad to hoard fiat) what we have seen is that people in Q1-Q2 knew the fiat world of goods would raise the price of goods. so people went on an asset to fiat swap to buy up fiat priced goods quick to stock up on things they might have bought next year, but knew next years fiat prices of those goods would be higher.. so obviously best to buy those goods sooner but now people have stocked up on physical goods. they will want to save up their spare/disposable value/wealth. by which its not good to save it as fiat. .. and instead best to now put wealth back into assets and crypto. like bitcoin bitcoin is cheap so a real good time to get back in if you have now stocked up on your lifestyle stuff for the next few years in the video the so called "analyst" thinks fiat rich people are now in Q3 going to invest in energy markets.. HA about 6 months too late for that "analyst" to have come up with that idea.. i seen that back in february..
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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blockman
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September 05, 2022, 09:16:55 PM |
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IF I did own and love Bitcoin I would sell before the crash, and buy in at a much lower price so at the end of the day I had twice as many Bitcoin.
Personally, I think bitcoin is the best way in the world to loose money right now, and I would not hold any.
We have opposite beliefs on bitcoin. Bitcoin right now isn't a way to lose money for me thus, it's helping me to gain some financial help and help me deal with inflation. Also, I wouldn't sell before or after the crash happens. I'm just good at holding it and no problem with whether I'll be seeing the crash again, there's no problem with that. I've even endured $20k down to $3k and the same goes for $69k to $17k. That's not a problem, everyone can endure a potential crash that you're saying might come soon.
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coolcoinz
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September 05, 2022, 09:29:54 PM |
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Many people don't get it that if you price goods in fiat money and then print a ton of it, the goods are going to get more expensive - inflation. When they play around with interest rates they want it to look like fiat is gaining value. They want to make people save up fiat money which is a counterproductive action because fiat is and will be inflationary. Tight or lose policies of the FED are nothing but a big scam and they will make it look like they can stop inflation, but all they can do is make your money lose 4% a year instead of 8%, but ultimately you will still lose in the long run.
Despite what they want you all to think, holding bitcoin is the best way to go because the FED and central banks can only destroy companies that take loans. Bitcoin has no front man and is not in debt. It cannot be touched. What you're observing on the bitcoin market is companies who took loans to buy bitcoin getting wasted, but there's a limit to it. At some point money printers will wipe out all those who depend on them and fiat money will continue to inflate. It's a war they cannot win, but bitcoin holders can, as long as they can wait until Spring 2024.
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348Judah
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September 05, 2022, 09:30:29 PM |
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Who is going to ride the next bitcoin crash down The Federal Reserve as vowed to tighten monetary conditions to bring down inflation. This includes bringing down FINANCIAL ASSETS. you can only bring down financial assets backed by fiat and not bitcoin in cryptocurrency, re-engage your research. The link between Bitcoin's price and Speculative Nasdaq stocks is undeniable. Once the selling starts again, it is going to cause more people to get out, and turn into a vicious doom loop. for people like you who don't understand anything and not willing to know what they lack nor learn from others IF I did own and love Bitcoin I would sell before the crash, and buy in at a much lower price so at the end of the day I had twice as many Bitcoin. ordinary words does not provide a yes as an answer to this, it requires your technical skills in display. Personally, I think bitcoin is the best way in the world to loose money right now, and I would not hold any. obviously I don't expect someone like you to hodl or invest so that you will have something missed later in future, no wonder i see your image does not tally with all you're saying, i hope you realize it USD and not BTC was indicated leaving you, which is more reason for you to also embrace bitcoin as alternative fromb the departed fiat in other for you not to remain empty.
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Ultegra134
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September 05, 2022, 09:36:02 PM |
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I've said it before, in another similar thread. The world doesn't revolve around the USA. Certainly, stocks and cryptocurrencies are correlated, but the Federal Reserve is currently the least of our causes for the bear market. The excessive oil and electricity prices, the disruption in the supply chain, the possibility of another Covid-19 winter and the ongoing war in Ukraine are all events that are not assisting investments. I also believe that Bitcoin is susceptible to crashing even further in the upcoming months and definitely not because of the FED. It might have an effect, but it's certainly not the end of the world. It's kind of expected that in such periods of recession, we can't expect Bitcoin or stocks to be performing at their greatest capacity.
Even if that's the case, people always claimed Bitcoin is expensive, well, here's your chance to shine!
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NotATether
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September 05, 2022, 11:32:47 PM |
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Are you trying to create FUD? The Op has hundred of such replies and a handful of FUD topics with some being outright trolling. It's most likely an attempt to get attention from the forum and it seems to work a lot, or some people get to have fun at the expense of the troll. It seems like all of the forum trolls are having a field day for gaslighting BTC instead of taking advantage of its 50-60% off price from the median price. Well, their loss. I already have twice the BTC I had before the bearish season. When BTC does its usual correction recovery they're all going to melt away like rats in the sun. Watch as almost nothing significant happens to BTC after the aftermath of the federal reserve meeting at Jackson Hole (I do not count a -$1000 price correction as significant).
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casinotester0001
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September 06, 2022, 12:13:22 AM Last edit: September 06, 2022, 12:27:23 AM by casinotester0001 Merited by NotATether (1) |
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IF I did own and love Bitcoin I would sell before the crash, and buy in at a much lower price so at the end of the day I had twice as many Bitcoin.
Why don't you short Bitcoin? https://www.cmegroup.com/markets/cryptocurrencies/bitcoin/bitcoin.contractSpecs.htmlAt the end of the day you could have twice your invested paper. UNIVERSALLY ACCEPTED FINANCIAL WARNING: Past performance is not indicative of future results. Google it...
*** This is not a financial/investment advice *** You could lose all your money ***
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DapanasFruit
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September 06, 2022, 03:02:35 AM |
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HardFacts is the name of the OP and yet what he is presenting here is just a mere hearsay or we can say speculative in nature. Now, there is nothing wrong if one is going to share whatever opinion a person has today and into the future but to act like he is so sure what can be and that only his own view of things can happen well that is something else. As for Bitcoin, there is no denying that forces right now are affecting its ups and downs travail and I am seeing the same thing to be true for the rest of the year. So in my own prediction, it would be so hard or just a dream for us to expect BTC to go beyond at least $30,000 this 2022 - but then who knows as impossible dreams can still come true anyway.
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davis196
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September 06, 2022, 06:05:17 AM |
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You are writing this as if everyone should be shocked and surprised by this kind of news. 1. The "Federal Reserve tightening" was expected. 2.Almost everyone in the crypto industry knows that the crypto winter will continue in the next year or two. 3.The Bitcoin price dropping below 20K USD won't be a shocker for anyone. It's simply a part of the crypto winter. 4.The Federal Reserve won't continue forever with the monetary policy of raising interest rates and reducing quantitative easing. At some point, the money printing machine will start printing more money and creating more price bubbles. The bull run will come. Let's be honest here. All the Bitcoin bull runs were price bubbles and there's nothing wrong with that.
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Poker Player
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September 06, 2022, 06:09:53 AM |
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IF I did own and love Bitcoin ...
This shows your post is just wishful thinking. Why don't you short Bitcoin?
Because he lives in his mum's basement and after spending his weekly allowance on Doritos he doesn't have a penny left. Going to the point, the macroeconomic situation still doesn't look good, but despite bad news of late it has shown that Bitcoin has pretty strong support at $20k. I don't expect it to go below those levels for a long time barring catastrophic events.
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Pierre 2
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September 06, 2022, 09:15:28 AM |
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Tightening is definitely terrible thing for financial markets. But everyone including crypto investors were already ready for it. I personally sold my assets and converted into usd stable coins around crash area. I also never went with Euros because of Ukraine war. I believe usa is gonna be the least affected developed country in this crisis as they have huge oil and gas reserves. Tightening will end rather quickly for usd and Bitcoin will start its rally in a year or two at max.
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Wapfika
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September 06, 2022, 11:40:42 AM |
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Tightening is definitely terrible thing for financial markets. But everyone including crypto investors were already ready for it. I personally sold my assets and converted into usd stable coins around crash area. I also never went with Euros because of Ukraine war. I believe usa is gonna be the least affected developed country in this crisis as they have huge oil and gas reserves. Tightening will end rather quickly for usd and Bitcoin will start its rally in a year or two at max.
I was surprised before that EURO value is decreasing while USD that recently reported about struggling on inflation is now getting stronger on pumping its value. I'm not well updated on what's happening on European country in regards with war but surely Russian is doing a great job on maintaining there own currency level value to stable while the rest of the country near them is crumbling. Bitcoin is always affected whatever major currency is dumping. Converting to stablecoin is really a wise decision on this looming market crash.
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Pierre 2
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September 06, 2022, 12:14:15 PM |
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Tightening is definitely terrible thing for financial markets. But everyone including crypto investors were already ready for it. I personally sold my assets and converted into usd stable coins around crash area. I also never went with Euros because of Ukraine war. I believe usa is gonna be the least affected developed country in this crisis as they have huge oil and gas reserves. Tightening will end rather quickly for usd and Bitcoin will start its rally in a year or two at max.
I was surprised before that EURO value is decreasing while USD that recently reported about struggling on inflation is now getting stronger on pumping its value. I'm not well updated on what's happening on European country in regards with war but surely Russian is doing a great job on maintaining there own currency level value to stable while the rest of the country near them is crumbling. Bitcoin is always affected whatever major currency is dumping. Converting to stablecoin is really a wise decision on this looming market crash. It (Euro crash/crisis) was mainly because Eurozone countries all had agreements with Russia about gas and their many industries were tied to cheap Russian gas. After war started and Europeans started applying embargoes to Russia, their politicians wanted to cut gas demand. Russia also (sort of) wanted not to supply countries who embargoed them. So USA > Euro era started. I feel like its not favorable for Bitcoin for now, but in future usa will be key to fix both Bitcoin and European markets.
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