Bitcoin from this point on will NEVER see a green weekly candle again...all the way to zero by July 1st. This will be my final warning!!!
I will once again reiterate my trading strategy to you who want out of this bear market that I wish the last of you permabears should follow in order to avoid losing EVERYTHING:
1. Sell ALL your Bitcoin . Not just that, whatever crap crypto you still have, convert it all back to fiat. Dump all your stocks, even the so-called "low risk dividend yielding ones" because NONE of the, will survive the imminent 99% market crash and recession that will stretch from today all the way to 2030. If you have money in 401k, take it out and eat the penalty. It will be worth it because the loss from your penalty and taxes won't matter compared to you losing 99% of your portfolio.
2. Convert EVERYTHING, I MEAN EVERYTHING into US Dollars. Just take a look at the US Dollar Index . Also feel free to check out my DXY bullish analysis. The US Dollar is the ONLY thing I will be bullish for all the way to 2030, in which I anticipate the DXY going above 1000.00. If I were you, I would even sell my house and live in a van for the next 8 years since your real estate property will also become worthless. Hold cash because US Dollar is king.
3. I genuinely was surprised that the FED's did not raise interest rates as high as even my most modest prediction of 100 basis points, but that doesn't mean they won't do it later, which I am certain they will. The US dollar will be the REAL hedge against inflation , and with more interest rate hikes and balance sheet reductions, will see its purchasing power skyrocket back to its 1913 highs by the end of the decade. In 2030, while bitcoin /stock bulls are living in Hoovervilles, I will be enjoying my 5 cents a can of coke while laughing at you from the penthouse apartment that only cost me $100 a month.
4. Don't give me that BS about "well I'll just dollar cost average" or "bull market will make you money but bear money will make you rich". Tell that to those who invested in Lehman Brothers or Bitconnect, Terra Luna that "time" was on their side.
I will once again reiterate my trading strategy to you who want out of this bear market that I wish the last of you permabears should follow in order to avoid losing EVERYTHING:
1. Sell ALL your Bitcoin . Not just that, whatever crap crypto you still have, convert it all back to fiat. Dump all your stocks, even the so-called "low risk dividend yielding ones" because NONE of the, will survive the imminent 99% market crash and recession that will stretch from today all the way to 2030. If you have money in 401k, take it out and eat the penalty. It will be worth it because the loss from your penalty and taxes won't matter compared to you losing 99% of your portfolio.
2. Convert EVERYTHING, I MEAN EVERYTHING into US Dollars. Just take a look at the US Dollar Index . Also feel free to check out my DXY bullish analysis. The US Dollar is the ONLY thing I will be bullish for all the way to 2030, in which I anticipate the DXY going above 1000.00. If I were you, I would even sell my house and live in a van for the next 8 years since your real estate property will also become worthless. Hold cash because US Dollar is king.
3. I genuinely was surprised that the FED's did not raise interest rates as high as even my most modest prediction of 100 basis points, but that doesn't mean they won't do it later, which I am certain they will. The US dollar will be the REAL hedge against inflation , and with more interest rate hikes and balance sheet reductions, will see its purchasing power skyrocket back to its 1913 highs by the end of the decade. In 2030, while bitcoin /stock bulls are living in Hoovervilles, I will be enjoying my 5 cents a can of coke while laughing at you from the penthouse apartment that only cost me $100 a month.
4. Don't give me that BS about "well I'll just dollar cost average" or "bull market will make you money but bear money will make you rich". Tell that to those who invested in Lehman Brothers or Bitconnect, Terra Luna that "time" was on their side.