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To: SaxxonWoods
Interesting. What’s magic about $30,000?

Lot's, if you're into financial charting. It's a huge gamble - but a reasoned one.

35 posted on 01/22/2022 8:50:18 AM PST by politicket
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To: politicket; All

I have just a few thousand in, just to keep track of the price movement.

The interesting thing is that the people who bought crypto because the dollar isn’t “real” value are now trading their crypto back into those “worthless” dollars. Why didn’t they all buy gold or silver, which haven’t made a new high (adjusted for inflation) since the 80’s? Gold and Silver have moved very little so they didn’t go there.

The other interesting thing is, crypto went up nicely until the market had a 5% hiccup and then crypto dropped huge. Crypto is tied to stocks? Why?

Which is the stronger currency, stocks/dollars or crypto? Imagine if the stock market or dollar trading was as volatile as crypto.

If crypto is the better alternate currency it should be going up right now, not down.


51 posted on 01/22/2022 9:03:46 AM PST by SaxxonWoods (If It Aint Woke Don't Fix It.)
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