RE: Crypto is heading toward a spring-loaded bull market.
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i like it but im not sure you see the elephant in the room. Normal people are skint, they cannot afford to eat or heat the home, let alone invest money. Everyone is risk off in this situation, exactly why Elon dumped. Smart money are like sharks they know when money is going to come in and excitement will come. Personally im not expecting any kind of big moves in any direction.
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Valid points, there don't seem to be any dust in plenty anywhere to invest, there's quite a lot happening right now
Crypto benefits people that don't invest in it.
Maybe I should do a post on this.
It's too long of an explanation to put in a comment.
only if fomo and greed.
in the short to midd term its more about surviving for the avg.
Maybe currency collapse and crypto go to super moon. But we would be not happy about that too :D
Exactly the game for an investor now is to try and not lose as much as possible.
protection :) and take some opportunities.
More panic more dump. Macro around the world becomes terrible at end of the year.
Europe will face energy and maybe some currency crisis.
Inflation is sky high.
And rate increases add additional pressure :D
I'm not expecting any sharp moves in either direction, either. Most investors realize Bitcoin is quite oversold at the moment and will not want to part from it unless forced to. On the other hand, there is not much loose change sloshing about right now.
It is time to build and accumulate.
i usually use the ball hitting the ocean analogy, at 20k we are kinda under the water and it may gravitate back to 30k and sit on the water before it starts to inflate with helium again. May do but excitement has gone away and people are scared. What happened to Luna will stick in peoples minds for a long-time yet. Crypto has and always will be sort of binary.
There is no way to calculate the value of these protocols and thus the token values. Hence, the token valuations are speculative. Market psychology.
I trade using mainly psychology. :)