Quote from: doomloop on Today at 09:53:12 AM

It seems he already knows the answer because he states some reasons there and he was so bullish about it but he likes to share his insights to us that is why this thread is here. He thinks the new variant is better for the market because he sees that covid brings some positive impact in the market. You know, people stays at home and can discover something that they didn't know before like cryptocurrencies.

There is also stimulus and there are reports that some people use it to invest in cryptos but of course the health is still better over those material things because once it lost there will be no other replacements for it. In case of a bear a hodler can still buy a crypto in addition to what they are hodling.

Well, covid period increased the price of bitcoin, so many people think that if there is another pandemic then the prices would increase again. However, they do not realize that the increase happened because of inflation, and the decrease happened because of recession, neither is good.

We should have absolutely nothing this shocking, and just end up doing like a regular ordinary day, if we can have ordinary days for many years, we end up with a profit anyway. Well, simply because if economy is not screwed, everyone goes to work, earns a stable income, do not have highly volatile unexpected expenses, and they save money and invest into crypto (or other things).