Originally Posted by
gloopy
He also just warned that the entire foundation of the non Bitcoin ("traditional") system is ripe for Wiemar levels of hyper inflation/depression/crash. What we've done in response to the viral helmet fire we set on purpose is far beyond the attention span of the quarterly numbers crowd. Lots of damage has been done and more is on the way. Good luck finding safety anywhere if his over all prediction comes true, especially stocks or real estate, and "fuggetabowtit" for any savings. If that happens having some Bitcoin is likely better than having none.
Trading it takes even more skill and "time on screen" than anything else. 24/7/365 in all markets in all currencies and traditional alghorithms don't seem to apply as well. The entire sector is still trying to figure out what, if any, new MA's to use. Good luck trading it, or anything else when the house of cards comes down. Not financial advice.
I’ve been steadily buying bitcoin every month. I don’t care about the price. I believe in it and want to own it. I had some 3 years ago and was talked into selling it. Lesson learned, I should have stayed the course.