> The real economy is going to pick up and absorb money from financial markets> Liquidity is peaking, Fed is doing the bare minimum QE> One Gorillion dollars of debt to roll are coming> Commodities pumping is a sign of the late stages in the liquidity cycleSo, how fucked are we that hold internet funny money?
In the short run: slightly fucked because boomer niggers are buying Bitcoin ETFs and trading them like NVDA shares. They will dump. 50k is realistic.Long term: extremely bullish. There will never be a gold or silver standard, and even if there was, it would rely on fed honesty and also we'd be backing our money with the metals we need to make our computers which is retarded. Not against metals, but BTC is unique in a portfolio in response to hyperinflation
>>61680306So you agree. Temporary pain coming.
>>61681240Nobody knows exactly whats going to haopen so you hedge your bets. Some % of your net worth in physical metals, some in crypto, some in cash you can buy a huge crash if thats the case etc. Its that easy, you trim your position and take profits when one asset class is going up a bunch and you buy the other asset classes when theyre down. If you focus on a few different things like this, you'll always have something to trade. Like oil is pretty cheap right now, uranium was a banger the past few years, etc. Use your head, dont try to predict the future
I think Howell is right. Bitcoin is reacting to the liquidity crunch before equities. Credit contraction is happening now and is much more destructive to money supply than QE can cover up, especially a few billion here and there which isn’t even a bad aid. Good idea to take some profits and wait patiently with cash.
