Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Raja_MBZ
on 19/03/2020, 20:13:53 UTC
⭐ Merited by JayJuanGee (1)
What if it goes down to $1k like Peter Brandt says.  Grin I can't take that.

I decided that carrying that much wealth in btc is not good my mental health. It is far too volatile.

I have no idea where to park my money though.

USD is doing a super nova. EUR is going down as it should. Gold is not practical. BTC has a Tether issue. (and far too volatile)

No idea.


Mind, I hope you wouldn't mind, but I seriously wasn't expecting this level of (bitcoin) confusion at this point of the global financial crisis from someone who has remained uber bullish on BTC in the past. I remember that our thoughts in the past remained quite similar whenever we talked about BTC.D/Alt-season, but this time, Nah, I'm sorry. This is the time for which bitcoin was made for. This is the time for bitcoin to prove itself, and I'm sure that bitcoin WILL prove itself. Stock markets crashing, stock exchanges halting, oil falling, global chaos at an ATH, governments playing with the health of people by not going for the complete lockdown just for the sake of a couple of days' economy run, etc., what else does bitcoin need? I've never felt more confident in bitcoin than today. In the next few days, we're probably gonna stick in the range ($5800~$6300), IMO, get some BTC when we correct a bit.

P.S. I hope no one would buy the trash talk of Trump. This virus WILL continue its destruction (on a log scale) for the coming months. Trying out the Malaria drug is arguably the very first thing anyone would do if the disease's symptoms are so similar to Malaria. Anyone who thinks that Italy, Iran, China, Korea, etc., wouldn't have tried out the Malaria drug till now is simply stupid. Trump is a crying baby trying to save his toy (stabilize the Dow), and he can go to any extent to save it, which obviously includes plain ol' "lying".