THE BIG SCOOP - IT'S TIME TO MOVE ON FROM BITCOIN!
This is BEYOND technical analysis!
YES - I'm saying that it's time to move away from BTCUSD, even though there was a big pump recently. Eh? Yes - although the market reacted in a way that I expected in previous vidoes, I'm saying that from an investment perspective:
1. It's too expensive
2. It's too risky.
So why am I saying what I'm saying? You'll have to listen on in the video but basically big changes are coming in China and India, which may provide for exponential moves ELSEWHERE!
With China and India having to up their game in terms of global competitiveness in a downward economic cycle, I expect blockchain technologies with fundamental utility will flourish. BITCOIN IS NOT likely to be part of the big game. Hang on - most of the world's population and business is actually in the East! Chew on that!
Are you are crowd follower or a crowd leader? The choice is yours!
DISCLAIMERS: This post is speculative opinion and not advice (even is so construed). Your losses are youR own, which means if you lose your money sue yourself.
YES - I'm saying that it's time to move away from BTCUSD, even though there was a big pump recently. Eh? Yes - although the market reacted in a way that I expected in previous vidoes, I'm saying that from an investment perspective:
1. It's too expensive
2. It's too risky.
So why am I saying what I'm saying? You'll have to listen on in the video but basically big changes are coming in China and India, which may provide for exponential moves ELSEWHERE!
With China and India having to up their game in terms of global competitiveness in a downward economic cycle, I expect blockchain technologies with fundamental utility will flourish. BITCOIN IS NOT likely to be part of the big game. Hang on - most of the world's population and business is actually in the East! Chew on that!
Are you are crowd follower or a crowd leader? The choice is yours!
DISCLAIMERS: This post is speculative opinion and not advice (even is so construed). Your losses are youR own, which means if you lose your money sue yourself.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.