This is what I’m talking about. I’m not immersing myself deep enough to catch these before they pump. Smh
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
Im starting to think that gold is the way to go
If the economy does a rendition of 1929 people are going to freak the fukk out and try to hoard as much cash as they can even though it wont be worth shyt. They'll try to buy BTC but idk if that's going to matter. Its either buy BTC or keep cash to survive. What happens if China "bans" crypto for the 100th time? Especially since Trump wants to be the crypto President. That would be beneficial to BRICS nations.
If the economy does a rendition of 1929 people are going to freak the fukk out and try to hoard as much cash as they can even though it wont be worth shyt. They'll try to buy BTC but idk if that's going to matter. Its either buy BTC or keep cash to survive. What happens if China "bans" crypto for the 100th time? Especially since Trump wants to be the crypto President. That would be beneficial to BRICS nations.
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Bushmaster69
Superstar
Gold has always been the way to go but it will only be a store of value. Don't expect to make significant gains from it. Unless the price of gold gets revalued by the Fed to offset the debt. China is also stock pilling gold like crazy. They know what's coming.Im starting to think that gold is the way to go
If the economy does a rendition of 1929 people are going to freak the fukk out and try to hoard as much cash as they can even though it wont be worth shyt. They'll try to buy BTC but idk if that's going to matter. Its either buy BTC or keep cash to survive. What happens if China "bans" crypto for the 100th time? Especially since Trump wants to be the crypto President. That would be beneficial to BRICS nations.
Don't count out silver.
BTC is competing for the position of gold. In the past I would say it could never.l, but now, based on institutional adoption, I would say it has a fighting chance.
The beautiful thing about crypto is that it is not based on a traditional financial system that places the USA at the centre.
Blockchain and Crypto is here to stay. For EVERYONE. BRICS countries included.
Moving forwatd, if a country doesn't abide by the new standards, they will perish.
Also research Cyprus 2013. It is a playbook on how BTC became a popular alternative means to cash after their beta- blackswan event.
10 Years Ago, The Cyprus Banking Crisis Triggered Bitcoin’s First Major Bull Run
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The system is going to crash, this we know.
But are the ISOs going to rise as this is happening?!
I have some BTC but not enough, and I wasn’t planning on touching gold now because it’s too pricey.
I’m cash and crypto lol
The say cash is trash. You need some silver. It's about $50 an Oz.
I need this shyt to drop to $100k. I'm trying to cop half a BTC
Koichos
All Star
Just crash this shyt man. I still have dry powder because they’re gonna do this shyt again.
I understand why ppl take the gamble and use leverage in times like this. The volatility will make you enough money Smdh
Take it easy.
Anyone with half a brain would have known to stay away after that CZ god candle
Bushmaster69
Superstar
Gold is at an ATH, unless the government revalues it, the price is supposed to drop. Same with silver. Other factors like BRICS countires hording it have incrased the price, but China adding new supply from it's new found gold sites could reduce the price.
I don't see the benefit of buying more BTC, but to each their own. I just sell whetever I have until i run out. I rather continue to DCA physical gold.
Some of the ISOs may run up, but there is no way to garauntee this. Jake Claver's argument about the reverse carry trade may make XRP then only ISO that runs up during a crash. XLM is usually 1/5th the price of XRP so it may also run up if XRP does. I also recall Versan saying the real utility run wont be until about 2028-2030 after everything becomes tokenized.
We'll see.
Bushmaster69
Superstar
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