CRYTO IS DOING THE FLIPPENING ONE AT A TIME
Usually this term is associated with one crypto surpassing another crypto in the scheme of marketcap. These days it is hard to consume all the news out there about crypto and to know how many investors are changing ship. We all know Mr. Saylor is the king by making big statements for crypto. The company he is running keeps on amassing more Bitcoin to date.
If I recalled correctly Mr. Dalio did not have a positive note for crypto. He even said the government will ban crypto when it is too hot. I guess he has grasped into his good sense and think of crypto utterly right. Every time you compare crypto to fiat money, you guess right the true winner of all.
You and I might feel the pressure more due to CPI and the inflation rising, for a guy like him he might see a blurry end of the inflation saga. Crypto is the true form of asset to attack inflation head on. Dalio does not specify how many crypto he holds. Smart move! After all divulgate an amount could cause a ripple effect in the market. Knowing that he holds crypto should be a plus for you and I.
The confidence ratio for crypto in December is shaky for many. This is a month where everything should runs flat. This is a month of holidays and many days off. 15 days to go and only 9 are truly business days. You can see how strong is the market and we all should be content to see where it's all stands.
The one thing I would say to investors [is] don’t judge anything in your returns or your assets in nominal terms, in terms of how many dollars you have; view it in terms of inflation-adjusted dollars,” Dalio said. “Cash this year you’ll lose 4% or 5% to inflation, and so pay attention to those.
These are the words that strengthen anyone holding crypto. Always think of the value in long term and try your best to differ the value away from the dollar. I think having the buying power in couple years should accommodate your view of holding today.
Glad to know he understands the power of many. He does not want to be left behind.
I think by January a new air will rime for crypto. Hard to dissect everything at once but the $5 trillion is on the horizon. As long inflation is rampant so the need for crypto to balance the sheet.
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Insightful post!!!
The last quote made so much sense.
I hold crypto because I see it solving a host of problems.
Inflation is the downfall of fiat. I am so sad for those who are totally in on fiat
At least something or someone needs
to wake up on the other side and be ready.
It is clear crypto is scoring every passing day
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.That’s a very truthful post
Glad you got something out of it.
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The markets are looking a bit upwards lately so I wonder if we will really have a Christmas rally into the end of the year.
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This is December to remember.
It will be flat since this is holidays.
Be ready for 2022
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.I always think long-term especially for HIVE. As it is clear, HIVE is a long-term investing, it is time to increasing HP.
Go for it.
I am continuing to do it.
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