Post
Topic
Board Speculation
Re: Bitcoin is going down.
by
lizarder
on 14/05/2023, 11:49:22 UTC
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.

Have a nice day and take care.
I always smile when I hear about saving cash/stablecoins, not for the strength of the fundamentals or lack of value, but rather that this kind of suggestion would seem comical when the availability of bitcoins could be bought for a fraction of the price. What to expect from both? Meanwhile, what we know is that stablecoins are far less holdable under any circumstances, especially when bitcoin prices tend to go sideways.

The moment of increase is usually people trying to make a profit instead you suggest buying. The FED has never been silent on interest rate news and I'm not sure it's fully impacted by this so keep doing the analysis and when a buying opportunity comes your way don't hesitate to start collecting.