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.
OK, but if we plebs buy Bitcoin NOW, and the recession does come and crashes all the markets, crashes the job market, crashes banks, depletes our savings, then I believe for most of us we will be forced to sell our Bitcoins at a discount. It's true especially to those people who have families to support/mouths to feed.
Perhaps many of us are hesitant to admit it, but the money printer and the government spending were probably the main catalysts of 2020's surge.
I will not deny the fact that we are all human, soft and most times weak in making hard decisions. We cant just stay and see those under our care suffer when we know we have the funds to solve that need. No one is certain that Bitcoin will crash and no one is still certain that it will moon so high. But yes am willing to take the risk even if bitcoin crashes because while I still keep my money its still a risk because inflation may come and my money becomes worthless.
Just a quick reminder, no one believe how Bitcoin survived the crash in 2008. The FTX crash during a bear market seems like one of the worst possible things that could happen to BTC, and we already recovered from it, i dont why we talk about this crash or inflation and all that like its the first time its happening or like it will be the end of Bitcoin Holders. I dont see Bitcoin going off the market any time soon am not exaggerating but i has proven itself repeatedly that is why i trust the system.