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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Crypto bottoms when we have our next "world event" similar to covid pandemic
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Poster Handle
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nemo_solus |
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Post Content
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Nemo I'm starting to get a little terrified for the markets because of the world war 3 rhetoric Biden just caused. I'm starting to consider that the ponzi schemes may be dead for good and that it may just keep crashing all the way down to 0. That they may kill all assets. As in all cryptos.
It's still way too early to be trading like this is going to happen... just telling you I think it could be in the cards now. If assets don't bottom in march/April like I hope then I'm converting to fiat and exiting crypto for a year. You might be right that we could experience the complete collapse of most exchanges.
I can't believe I'm saying that but if we have ww3 then everything dies. All assets. All crypto. All stocks.
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All I can say is that I'm starting to think bearishly. Assets are starting to curl downward. I'm not sure how long it will stay bearish if it does go down. Might be way worse than I initially thought.
Strange times are ahead. You might be right man. Can't believe I'm saying that but you might be right.
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We need some time to pass to get a better idea of what's happening. Probably won't have much to add for a while.
Quoting: Mr Cheese Well, nuclear annihilation would be bad for crypto ... and just about everything else too. My fear is that this whole business is going to be taken too far and things quickly get out of control. It could be just like the Covid crash was necessary to cover for the failing financial world - they need something new to cover for the next crisis. Can't do pandemic again, so maybe WWIII is how they think they can reset the books. We're in an area where the markets are at a major decision point and the possibilities are very divergent. Literally, anything could happen. Maybe they will find a way to kick the can again, or maybe they won't. I'm still certain the full extent of the FTX implosion has yet to be felt in the market. We had the initial damage, but the secondary failures will take some time to play out. We'll just have to wait and be ready with a plan for whatever way things go.
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