Hey guys,
All the markets have had a rough week, there has been a few things that contributed to this, new Covid strain, Chinese debt and the US saying they will be cutting back on printing free money!
So people got afraid and when they are afraid they started to pull their money out of the market. When the stock market starts to dump, Bitcoin will dump as well!
So Bitcoin dumped and people ran!!
It’s interesting because now that the market is down people won’t buy , but when the market was high they would of died to get prices at this level!!
Of course this is not Financial advice, but how quickly we forget what warren buffet says.. “ be greedy when other are fearful “ of course this doesn’t mean Mortage your house and put it all in crypto but you should be looking at coins you believe in for the future and buying what you can afford!!
So I’ve been throwing some of my EBay profits into crypto coins I believe in for the long term and if the market pumps or dumps I’m happy to hold them long term!!
Today I’m looking into $ADA, $FTM and my favourite $RNDR… Do your own research remember
No comments:
Post a Comment