I strongly STRONGLY believe GOLD is the safest hedge in this economy. Now a value bet as well: due to recession/inflation/real estate conditions etc.
JPM told you BTC was going to $100,000 when it was at $60,000, now they're telling you BTC is a Ponzi Scheme. HERES THE CATCH
Smart money wants you to *think* that they're buying BTC and saying the opposite (because we know that if they're bearish - it usually means they're buying and vice versa).
I DON'T think this is the case this time. I think they are covering a short position (making crypto move up), but are buying all the GOLD they can while it's discounted and at these levels. They want you distracted right now on the small crypto rally. They don't want you (retail) taking the Gold.
It makes total sense - think about it. They love throwing curve balls - that's what's most profitable to Wall Street.
Smart money says the opposite of what they do.
People now understand the reverse psychology aspect and proceed to do the opposite of what they say.
Problem is they're 5 steps ahead of us. They know that because they bashed BTC - You'll want to buy too. I'm 90% convinced they're only making the price go up by covering shorts. - not actually purchasing coins.
Gold is about to have a massive bull cycle - and they are distracting you with the Fools Gold while they load the real stuff.
Don't fall prey to wall street. Make your own predictions - that make sense - and present great risk:reward ratios.
GOLD is tangible. Crypto is not. You cannot argue that BTC is safer than Gold.
All my opinion. I say what I believe. Good luck to all and DYOR.
I see GOLD/XAUUSD at $2,000 as early as March and as late as December.
JPM told you BTC was going to $100,000 when it was at $60,000, now they're telling you BTC is a Ponzi Scheme. HERES THE CATCH
Smart money wants you to *think* that they're buying BTC and saying the opposite (because we know that if they're bearish - it usually means they're buying and vice versa).
I DON'T think this is the case this time. I think they are covering a short position (making crypto move up), but are buying all the GOLD they can while it's discounted and at these levels. They want you distracted right now on the small crypto rally. They don't want you (retail) taking the Gold.
It makes total sense - think about it. They love throwing curve balls - that's what's most profitable to Wall Street.
Smart money says the opposite of what they do.
People now understand the reverse psychology aspect and proceed to do the opposite of what they say.
Problem is they're 5 steps ahead of us. They know that because they bashed BTC - You'll want to buy too. I'm 90% convinced they're only making the price go up by covering shorts. - not actually purchasing coins.
Gold is about to have a massive bull cycle - and they are distracting you with the Fools Gold while they load the real stuff.
Don't fall prey to wall street. Make your own predictions - that make sense - and present great risk:reward ratios.
GOLD is tangible. Crypto is not. You cannot argue that BTC is safer than Gold.
All my opinion. I say what I believe. Good luck to all and DYOR.
I see GOLD/XAUUSD at $2,000 as early as March and as late as December.