- firstly i want to explain what is US30, you can google it :
- US30 is a stock market index designed to measure the performance of 30 large industrial companies based on the average stock price of the components "during a specified period".
- So basically...when u have a Top30, if one company fail, this company is replaced by number 31. - it's same in football or tennis, if you are in the top30 and u fail to win, you lose your rank and down to 31 right? Then u are not in Top30 anymore ? - So you are replaced in the Top30 list (but sport is not a Ponzi, it's a real effort to be on the Top of the chain).
- Just made this text to explain how a big Ponzi works. - Companies in US30 are not Ponzi because they work hard to stay in the Top30. - but in matter of " Efforts", if you have the power to create your own money, you can do everything, and also buy your own stocks. - Hope u get it.
- So when i read some peoples speak Bitcoin is a Ponzi, it makes me smile. - it's clear that they didn't read at all Satoshi's White paper, or they are hypocritical. -------------------------------------------------------------------------------------------------------------------------------------- - Thirteen years ago today, Satoshi released the Bitcoin genesis block - block 0. - Embedded in it was a quote, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks". -------------------------------------------------------------------------------------------------------------------------------------- To be a precursor, you need to know the future, Satoshi knew the future. --------------------------------------------------------------------------------------------------------------------------------------
- So let's back to the chart :
- from 2009 to 2020. 11 years. DowJones was just perma bullish all the time with some small ridiculous dips.
- you can see how US30 Reacted during Covid worst pandemic situation in the world. - after a fast dip in 2020 caused by Covid news. - US30 went up for 672 days ( annotated in chart ) during a 2 years frustrating and painful lockdown. - so it means those Top30 companies weren't affected by this pandemic situation. - Really Weird.
- Actually imho, i think they were just preparing the actual dip, but this is just my own view.
- honestly, i just hope my US30 analysis fails. - it would means that this time, governments are starting to be honest.
Happy Tr4Ding !
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so my last BTC analysis is based on that kind of scheme because most everything is linked. if i fail on US30 Analyze. i would also fail on BTC forecast.
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got it ?
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The Inverse Relationship between the Dollar and Stocks.
Trade active
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aged well
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- Remember anyone knows the way but you can learn and share your knowledge.
us30 looking good and crypto have good corelation with it likely
thecryer
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@arviiine, i saw many threads about US30 on twitter, peoples were waiting for an Armageddon on US30. they didn't understand that after Covid19. They (Govs) need time to make a new plan to create dip against stocks 😂😂 Dips Start from the Top not from the Bottom.
thecryer
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@arviiine, i made a very high TF (3M) on that post. welcome to check it.
I really enjoyed your post, some info that I didn't Evan dream of.. makes sense US30 continue the growth, till it doesn't!. Wish you great trades ahead.
thecryer
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@luisilva4001, thanks for your support! i always try to keep things basic and simple :P
luisilva4001
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@thecryer, as they should be.. I'm sure you are profitable in a long run, without knowing your background, keep it simple.