Hi Traders,
Given all the negative global news about the beer virus, I don't believe we've seen the final selloff in crypto or the stock market. Let's be real here, crypto is a "RISK-ON" investment and right now, the world is "RISK-OFF". There has always been talk about a flush out that will end 99% of crypto assets and leave only viable projects in the end. This happened during the dot-com boom and bust cycle and I expect it will happen in crypto BEFORE it is deemed a legitimate asset. The future is definitely crypto but RIGHT NOW, we have to cull the herd. I expect a biblical drop once the beer cold hits it's peak and there's blood in the streets. I wouldn't hold ANY position without a stop-loss.
Good Luck Traders!
Given all the negative global news about the beer virus, I don't believe we've seen the final selloff in crypto or the stock market. Let's be real here, crypto is a "RISK-ON" investment and right now, the world is "RISK-OFF". There has always been talk about a flush out that will end 99% of crypto assets and leave only viable projects in the end. This happened during the dot-com boom and bust cycle and I expect it will happen in crypto BEFORE it is deemed a legitimate asset. The future is definitely crypto but RIGHT NOW, we have to cull the herd. I expect a biblical drop once the beer cold hits it's peak and there's blood in the streets. I wouldn't hold ANY position without a stop-loss.
Good Luck Traders!