This fall we will see more hemorrhaging in the global economy. The powers to be can only stall the inevitable for so long. When the house of cards begins to fall, crypto currencies will be the place to be. Now is a great time to build your crypto portfolio. We are seeing basement bargain pricing right now. This buying trend may last for another two weeks or so, but not much past that. Remember, that a buy and hold strategy is a wise move. We will see this "alligator teeth" trend for several years in the crypto currency markets. Below is an example.
A HODL (AKA Hold) strategy will help you to not sweat the ups and downs. I use dollar cost averaging to purchase my crypto's. I buy every 10 days regardless of the price. Over time, I am accumulating a large crypto portfolio and I am still averaging 178% gains even during this dip. I want to have my crypto currencies in my hard wallet before we see a global reset. Once the reset is in progress, I feel that it will be difficult to purchase crypto's.
Try and stay ahead of the crowd. Buy when there is blood in the streets. Scoop up these great prices over the next two weeks and store them safely. We will be in great shape in the near future when the feathers hit the fan
Good write up. If you believe in crypto now is the time to buy. You can never go wrong with dollar cost averaging. Hopefully after August 1st things will be back on track. Good luck.
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Thank You, Yes, after August 11th indicators are showing the beginning of another long Bull run. Thank you also for the up vote!
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I would love to see a write up on your analysis for August 11th and the bull run. Not saying you are wrong, but because I think you are right and would love to have the facts to support it.
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I struggle with writing about what I know is going to be happening. I am not sure if I should tell everyone. I do not know if they would believe me or if I would quickly get a cult following (which I do not want that responsibility). Indicators are showing a mind blowing rise in crypto currencies with 6 figures for several of them within 30 months. One reason for such a shocking rise will be major economic upheaval coming soon in Europe followed by Japan and North America.
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I think what most people don't realize is that even if a hard fork happens, the crypto world will keep pushing blockchain technology forward and bitcoin will still be king. Therefore anyone holding crypto is a futurist and is way ahead of the rest of the world. Cheers to all of us!
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Agreed. We are the futurists. Crypto and the blockchain is here to stay
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Interesting from a technical point of view I too belive it will go back to normal making sum huge gains. But for now I still I think the last July weekend will be the MEGA Sale for Bitcoin
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Yep
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I find it funny that people refuse to see crypto as a viable means of securing their future. People buy/sell stocks all day long like it is nothing but it is really not overly different than how you are treating crypto currencies. Most people are to afraid to ride things out, which is why they are broke, so they wind up buying on the way up and selling on the way down. Love the write up, keep up the great work.
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Thank You. I agree. In fact crypto currencies and the block chain are by far more honest and transparent the the fraudulent stock market (I have had my series 6,63,22 since 1987). I am 100% certain that the global economic system will and has to adopt this form of true honest and efficient currency. The ones that do not get it will be working poor for the rest of their life, unfortunately.
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