Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Salahmu
on 03/10/2023, 12:19:06 UTC
I was merely making a point that we should ask, "who's lying" or who got it wrong? The market? Or the fundamentals? Although everything in my mind wants Bitcoin to surge to $50,000, logically, it says that because of the tightening and the restrictive monetary policies, there might be a recession coming. I don't expect Bitcoin to surge during a recession when people have no jobs and no savings.
The truth is that everyone wants Bitcoin to skyrocket immediately to see there accumulated Bitcoin growing, however even without being told, in time to come Bitcoin will surely moon but Perhaps if you no a time of Economic recession is coming which we no there could be a serious hardship, lack of money and lack of work, perhaps you could actually utilize the opportunity now while you can by channeling most of your reserve funds on accumulating more Bitcoin because while waiting to no or be sure of the economic recession you could be affected were as Bitcoin price would have gone way up beyond your planning entry point. As an investor we shouldn't wait to see the impacts of economic recession before diversifying to avoid wrong entry.