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Showing posts with the label crash

GME Infinity Squeeze or Market Crash?

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(S & P 500 Comparison Now to 1987) I see many comparisons to the 1987 flash crash. The signs are visible everywhere. Some headlines include: Supply Chains Broken Possible China Bankruptcy US Civil War Looming Tether Likely Backed By Chinese Commercial Paper And more I wouldn't mind if Crypto took a 90% haircut to weed out the malinvestment. It has happened before and will happen again. Trading is hard, don't you think? Bitcoin has died “402” times. And many Crypto projects will die if we do get the “haircut”. The markets are full of fraud. As a result, people will suffer. If you need more evidence of this, search for “Reddit Mental Health”. We are now in a bear market. When the big crash happens, it will be fast thanks to high frequency traders. Your stop loss won't work. You will take on excess stress and insomnia. It's time to get out now. Stagflation is happening before your eyes. Maybe participating in these markets was a bad idea. Idiot traders bought the dip.

Bitcoin Crash Over, Bitcoin Revolution On

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  Welcome to the Bitcoin Revolution where there is never a dull moment. This story contains my newest crypto market update. From DOGE to BTC, here is where I think we are headed in the short term. You all read the headlines about how Elon Musk, the super villain has been meddling in the crypto markets. He keeps pumping DOGE which is not good for the crypto community. People are attracted to Dogecoin because it has a low price and quick gains. Fundamentally, it is not a secure coin compared to Bitcoin and does not have the network effect. Some idiot bought DOGE will his credit card and made money. This is not a smart idea as he could have lost his entire life savings. If I owed DOGE, I would say to sell it and buy BTC to preserve wealth. My mailman just loaded up on DOGE which makes me think it's done. If you don't see the sucker, you are the sucker. Most alt coins don't stay in the Top 10 for long. Musk also posted on Twitter how he thinks Bitcoin is bad for the environment