YKWIM

BITCOIN IS HEADING TO 0 and there is nothing you can do against

Short
YKWIM Updated   
BITSTAMP:BTCUSD   Bitcoin
that

based on :
-95% positive correlation between spx and bitcoin : it is likely for bitcoin to disappear during the next krash on financial indexes. because there isnt regulation you wont be able to take back your funds when it will be too late

-bad images due to black market and pump and dump mafia: hackers, terrorists, drug and weapons dealers.

-market cycle : early investors who bought at some cents or some dollars want to take back their profits. thats why there was a krash in december 2017 and a long stagnation, they was selling while you was buying their crappy financial products at a golden price, which they bought at nothing. Redistribution will continue but not in the sense you think. they will redistribute you loss and they gonna take millions and millions


Dont be naive , in finance there is few winners and a large majority of losers. it wont change. they are using your cupidity to believe in their false promise of profits to empty your pockets.
And at the same time it keep you far from the real tangible assets who provide security during a recession period: Gold and silver. there plan work well, now its likely to be difficult for most middle class to buy gold. but silver keep at a very good price , and dont hesitate to buy some gold it still at a really good price comparing to the value it will surely have in 10 years
Comment:
better prevention than cure. a man warned worth two

look at my related ideas for more information. I advice you to study bretton woods, the history of gold, how work the monitary system and the economic machine, and of course to learn about basic investing principles

you still can put some dollars in bitcoin if you really believe in the project of course. personally i dont believe in it and I have facts that prove me i'm right. Trade safe

Peace on moonboys ✌️
Comment:
time to shear the sheeps
Comment:
learn about the tulip bubble, learn about the crappy financial products of 2007. for me bitcoin is a mix of both

learn about the industrial utility of gold and silver, learn about how much extraction is possible for year and how much demand it will have on it if there is a krash on financial indexes

learn about how to manage a diversified portfolio, make a long term plan to invest in several assets (and why not creating your own businesses)
learn about the offer and demand, learn the definition of a market

just learn, dont stay in this state of lobotomized and amorphe zombie who repeat the same disk without even knowing about what he talk

dont think finance will change, it wont. it never changed and wont changed.

99.9% of crypto investors dont even know about how finance work and they say to you to buy an asset without deep understanding about the financial mecanism , without any finance cultural background
Comment:
- rotten product with amazing promise of profit (catches idiot) - purchase in a zone of large overvaluation (12 000dollars to fatten the early investors who will sell you in the face)

reasons you can find over and over again. satoshi is a criminal otherwise he wouldn't need to go into hiding.

anyway just by doing a correlation study we know that bitcoin and cryptos have their ends
who will buy the nasdaq after a 15 year period of bullrun during one of the worst health crises the world has ever seen. it's official germany and france are already in recession --- just a few minutes before bitcoin falls (and other cryptos will follow since bitcoin is the central reserve of all cryptos

You have to stop being naive, in finance there are winners and there are losers (and very often there are a lot of losers and few winners). which corresponds perfectly with the current period when all the pigeons are rushing into the open mouth of the wolf.
early investors (I repeat who are mainly central banks and wealthy traders who have heard of insider information, and a few devastated geek who know about IT but absolutely not in finance)

in this case the few geek early investors they are not the weight to support a crappy financial product against the real sharks who are just waiting for the moment to ruin millions of people.

they will resume their crypto profits and put everything back in gold, silver and stablecoins. same for their profits on the traditional stock markets, they will be redirected to assets with a real intrinsic value

So currently in my opinion, it's smarter to focus on an asset that has 4000 years of trading history, which has been proven to be stronger against the dollar / euro etc and which will serve as a safe haven for individuals than the sharks of finance during this period of belt tightening that is coming
than to take a bogus financial product (tulip bubble and crappy real estate financial loan in 2007)
Comment:
what happen moonbois? you dont like people who have knowledge? imgur.com/a/t0PrH6V

you want to stay in your poor mindstate, with poor knowledge ? imgur.com/a/t0PrH6V

you took you for an economist/trader without basic knowledge about finance/economy imgur.com/a/t0PrH6V

thats exactly what degenerated geeks do too imgur.com/a/t0PrH6V all the people selling you the projects are man with conflicts of interest , take a look on the google search "bitcoin is a scam" they are all people with conflict of interest ? imgur.com/a/t0PrH6V

do you want to leave the market place without pants? imgur.com/a/t0PrH6V

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