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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Pogeu Mahone who wrote (194529)12/7/2022 12:13:59 PM
From: maceng2  Read Replies (1) | Respond to of 217815
 
Wolf Richter is good. It's not lost to me that both he, yourself. and MoWS are most pessimistic on cryptos. Amongst many others of significance. Naturally this makes me cautious as I can be with my real money.

Something is going to blow in the real world of finance imho, and it will probably blow bad. Traditionally "cash is king" in those circumstances but there are no certainties.

I was going to buy something today, Gold, Silver, or Cryptos, but decided against it.
There might be some extended sales on in January. I will wait till then. I have enough to keep me going if they they go up from here. BTC really does look as if it wants to fall to $11k or below, it has been consolidating and consolidating. No buyers of significance showing yet, what happens next? My guess .... sellers.

Looking at my accounts, I did an OK buy on Platinum in 2020. Although I have not made anything on it yet, at least todays price would pay for the 20% VAT I had to cough up. Not to say there might be an even lower price in the future of course.