Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
⭐ Merited by JayJuanGee (1)
WRONG 
Bitcoins run up in price was during the MASSIVE MONEY PRINTING by the Federal Reserve that followed the financial crisis of 2008. Bitcoin really started trading on any significant scale when things were near rock bottom already, and financial assets only went up due to Quantitative Easing 1, 2, and 3, and zero interest rates...
I expect Bitcoin will CRASH HARD during a financial crisis, just like it did in March 2020, but WORSE...
The time I would consider purchasing Bitcoin is IF IF Bitcoin survives the crash, it will be very very cheap. Bitcoin, stocks, and all financial assents will have nowhere to go but up when Federal Reserve starts massive money printing again.... This would be speculation on my part, make quick money if it goes up again, then get out.
So your strategy is rather to worship the printer than to find a way out of it, while being a crash prophet at the same time, sounds inspiring. And then you call other people emotional. Bitcoins run up in price was during the MASSIVE MONEY PRINTING by the Federal Reserve that followed the financial crisis of 2008. Bitcoin really started trading on any significant scale when things were near rock bottom already, and financial assets only went up due to Quantitative Easing 1, 2, and 3, and zero interest rates...I expect Bitcoin will CRASH HARD during a financial crisis, just like it did in March 2020, but WORSE...
The time I would consider purchasing Bitcoin is IF IF Bitcoin survives the crash, it will be very very cheap. Bitcoin, stocks, and all financial assents will have nowhere to go but up when Federal Reserve starts massive money printing again.... This would be speculation on my part, make quick money if it goes up again, then get out.
Idk if you’re aware that your crash strategy requires huge amounts of capital to pull of, because it’s hard to stay liquid during economic collapse. Also you can’t know the political consequences it will have on assets, there’s no bailouts for shrimps. You definitely have a winner’s mentality and long term vision, you’re outsmarting the whole world.
I do NOT view Bitcoin as a long term investment.
This is a positive note, with your motivations you just mentioned.