I'm tired of repeat myself, but boy does it feel good to be right over and over again even though the permabull trolls had been mocking me for months.
If you are an Ethereum holder, a Bitcoin (or any crypto in general) holder, or if you hold ANYTHING on the S&P500, NASDAQ, or even your "so you thought" precious metal and "low risk" index funds....you will ALL equally GET REKT in the coming months, weeks, days and even HOURS.
It is time to admit defeat and bow your head to the king of assets: The United States Dollar. The DXY breaking its 20 year resistant hasn't even begun its potentially half a century bull run. If you sell everything today, in a few decades you will once again enjoy the prosperity that the humble dollar will bring you. 5 cent Coka Cola cans, a down payment for a nice car with only $100, renting a 3 bedroom apartment in NYC for only $250 a month and all the benefits and privilege you can possibly imagine. I have a 100% cash position and I don't plan on changing it for the next 50 years. How bout you?
If you are an Ethereum holder, a Bitcoin (or any crypto in general) holder, or if you hold ANYTHING on the S&P500, NASDAQ, or even your "so you thought" precious metal and "low risk" index funds....you will ALL equally GET REKT in the coming months, weeks, days and even HOURS.
It is time to admit defeat and bow your head to the king of assets: The United States Dollar. The DXY breaking its 20 year resistant hasn't even begun its potentially half a century bull run. If you sell everything today, in a few decades you will once again enjoy the prosperity that the humble dollar will bring you. 5 cent Coka Cola cans, a down payment for a nice car with only $100, renting a 3 bedroom apartment in NYC for only $250 a month and all the benefits and privilege you can possibly imagine. I have a 100% cash position and I don't plan on changing it for the next 50 years. How bout you?
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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.