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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (2591)8/16/2022 7:31:17 AM
From: yard_man  Respond to of 4446
 
No position now, but I think something survives and thrives after the big flush.



To: Bull RidaH who wrote (2591)8/19/2022 5:23:04 PM
From: yard_man  Read Replies (1) | Respond to of 4446
 
USD index to 118 now?? not a fan of double tops ...

let's face it, Europe can't stop shooting itself in the foot over the Ukrainian BS ... they are either total idiots to think what they are doing hurts Russia ... or are totally sold out to the likes of Schwabicus and Bill Gates AND really want to destroy society to build back better ... with substantially fewer mouths to feed??



To: Bull RidaH who wrote (2591)8/20/2022 5:23:57 AM
From: Birdieking  Respond to of 4446
 
There are plenty of things to be bullish on besides crypto. Although I think the bull is right about the demise of crypto I see at least a run to 45 maybe 74k first or November which ever comes first.
Biden bucks signed in March behind locked doors is very concerning. Jim Rickards lays it all out and how one might emancipate their assets. Regulation on Bitcoin may have a reverse effect at least short term as there are no institutional positions in it now. Dollar strength is driving other countries currencies to the drain now and where does the world outside the US go? Gold, nah, Bitcoin for now. Look at el Salvador. They have now beheld it as their national currency. Many other countries may be forced to follow suit
The digital dollar? Don't think our own population will embrace that overnight especially when they find out what it's all about which will be sold as were already using it. Debit cards etc..it's more nafarrious than that! That may come at the bottom next year when everyone is so broken and deprerate they will except anything. Thanks for your concern about my (short term (3-6 month) Bitcoin although I have only enough to pay for a years worth of groceries) and market bullishness which will be followed by 80%drop. Side bet spx sees 5500 before it sees 3000? Maybe I'll sell some grocery money and buy draftkings. Hell, football season is here and 139 target. Gap at 60. dec 25's look good.



To: Bull RidaH who wrote (2591)8/28/2022 7:16:58 PM
From: yard_man  Read Replies (1) | Respond to of 4446
 
I think you might be incorrect on crypto ... also think we are close in time to a bottom on BTC.
Might be 16k, might be 14k ...

The government will be slow to issue a digital currency, imo.
Too much to get wrong ... too much to arrange in order to make sure the populace is bilked to the maximum.
Current fiat system keeps on giving and giving for them ... don't want to lose any advantages.

I even think that BTC and ETH will survive the issuance of a central bank backed digital currency.