🕵 ️ "Don't confuse objective reality with your expectations" - these words were once said by Raymond dalio - American financier, billionaire, founder of the investment company Bridgewater associates. And he's right, but my way.⠀ ⠀ 👁 ️ With this post, we wanted to show that even such famous people can make mistakes in their forecasts and statements. Not long before...
BINANCE:BTCUSDT MA 200 still flat (long term). MA 100 still flat (long term). MA 30 bullish (short term). Vol 200 bullish (long term). BVOL decreasing (long term). BVOL 7D flat (mid-term). BVOL 24H flat (short-term). Dalio sees $5 Trillion hit to U.S. income : RT @BloombergLive: Missed our #BloombergInvest conversation with @RayDalio? You can catch...
Tend to agree with Dalio's view on long-term debt cycle ending now. Here's $DJI during great depression and now. The world is much faster and I don't think will see a 3 year 90% decline but if we WILL need to reinvent the economy machine, the drop should be significant and bear market severe. Keeping my bias neutral for now.
Bearish case: - BTC efficient miners won’t mind some period of low prices, since that will cleanse the mining industry. The survivors will be rewarded thanks to the difficulty adjustments and the BTC price increase after the halving (due to lower supply and (likely) increased demand). - The world situation is still quite delicate so some more downside price...
As of Bridgewater Associates' latest 13-F it is shown that Ray Dalio has entered new significant positions of: 90m USD in JPM 66m USD in BAC 47m USD in WFC 36m USD in C