Market Collapsing | Bitcoin Just Hit $17k | Ethereum $800

Market Collapsing | Bitcoin Just Hit $17k | Ethereum $800

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About the Author: Financial Education


  1. Without Fed put, everything is retracing to pre-covid level. The 'dovish' stand from the Fed won't happen until at least Jan 2023. This is not the time trying to be a 'hero', be patient fellas.

  2. I have been a strong believer in cryptos, but after more research and REAL analysis…it all is a HUGE Ponzi scheme…earlier buyers need more buyers or you loose money….just like the stock market….the REAL question is where will new BUYERS come from….the run up was due to 1)tons and tons of new small investors from stimulus checks, 2)institutional investors that could get "cheap" money..interest rates at zero….none of this factors are in play now and won't be for long time…thus..a Ponzi real NEW buyers, the price won't go up and only drop!!!!!!

  3. ….and dude, don't go out to the garage and shoot by the cars unless ya got a lambo. This years Corvette at the very least…and that's pushing it.

  4. BTC and crypto in general has proven not to be a hedge. Goes up and down with the rest of the market, and is worthless without trust from its owners… and its broken a lot of trust recently.

  5. I <,appreciate your consistency and your love of the community. Content like this and a community of positive, long-term investors/traders like you are key to staying solvent in markets like this! This is definitely another opportunity for wealth. One of the best YouTube channels out there, always balanced and informative. When Bitcoin hit it's 2019 low of $3.5k it then went on to triple in price over the next 6 months to $10-11k, where it remained until the next run up late 2020. Once Bitcoin hits it's bottom, I don't think it'll be long before we see $40-50k again. I'm in my early 40s and i have been investing in CRYPTOs and trading as well. I can make up for lost time, but I intend to stay in the market for 10 years and put as much as I can now. I know that nobody can time the bottom in fact I'm prepared it'll drop further and be looking at red on a regular basis. BTC was born in the midst of the 2008 financial crisis which was everything but an ideal market condition (hence the famous message in the genesis block). That being said I do agree that we are in for a lot of pain when it comes to almost every market but though Bitcoin could make history this week by closing below the 200-week moving average, a rare occurrence. This is a scary time for new and old investors but the best thing you can do is not to make commitment based on passion. I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation in Paris just yet and that mindset helps me make more money investing. For example last year I invested 90k in crypto (with the help of my advisor of course) and made about 430k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million even with the ups and downs in the crypto market. learn how to HODL and TRADE. Refusing to invest because there is risky is itself risky. You can reach out to my my advisor Mrs. Robin on ͲeIєɠɾαm @moorerobin or What'sapp +12132627458 for mentorship and more information on how to trade and earn with her accurate trade signal ..

  6. not buying any crypto i said when btc was 50-60k someone could say it’s worth 1 mill or $0 and both could be right there’s no numbers behind it

  7. SELL ALL your Bitcoin for High End Sports Cards of Michael Jordan , Kobe , Lebron, Brady, Curry, Mahomes, Pacquaio..The Greatest PROVEN Store of Value Ever is High End Sports cards… Bitcoin is Massively Overvalued compared to sports card market.

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