henkybaby

Whatever happens, happens. Long term views are best.

Short
BNC:BLX   Bitcoin Liquid Index
So much depends on how the market for crypto develops over the next years. I doubt we will see a new ATH any time soon. We need to reset and accumulate for a long time before we can make another attempt. Meanwhile, I would not be surprised if we went through a new period where BTC is relatively flat and lower than today. The market is definitely not the same as in 2014, so we can be surprised. However, it will be a while before we submit to regulation. Without regulation, no real money. It will also be a while before retail has forgotten Q1/2018, so that will not be the source of new money.

Last but not least, whales will want to convert to fiat. This will become harder and harder as the money streams dry up. Tighten your belt, buy a set of cohones and accumulate as much as you can, when you can. Because it may take a year, it may take 5 years, but this market can explode.

For now, I am bearish AF, but the long term is filled with bulls.

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