Cryptocurrency: Are We Nearing Bottom After The Recent 4 Month Market Crash?

in cryptocurrency •  7 years ago 

Those of you that have followed my work for very long time know that I have never made recommendations or even spoken about things which were financial in nature. The reason I have never done so is because my concern has and always will be on the kingdom and our spiritual inheritance rather than the matrix of illusion and the carnal aspects of world. Throughout the 11 years of my broadcast career, I have never more than recommended that people hold precious metals as a hedge against inflation and the uncertainty of the fiat currency world.

It is with such trepidation that I am now for the first time encouraging all of you to listen to a show I recently did on cryptocurrencies. I would then like you to listen to a show from an expert on the field as he shares the same sentiments as I with regard to block chain technology. It is my opinion that the decentralized block chain infrastructure will remove the power and authority of regulating currency away from banking institutions like Goldman Sachs and place it back again into the hands of the people. The fight that Thomas Jefferson, Andrew Jackson, Abraham Lincoln, and John F. Kennedy waged against the centralized banks, has been revolutionized by the crypto currency markets. And though there has been a large run-up in the price of bitcoin and other crypto currencies, a 70% correction has now brought the prices of individualized coins back to within reach of new investors. I recommend an entry near 6400-6600 BTC as this bottom has held 3 times over the past months. I expect larger players and institutional money to enter the market sometime later this year. This means you still have an opportunity to enter the market at what should be somewhere near the low before the market stabilizes and begins to gain upward momentum as it did last year before this crash.

Recently I released this article on Steem It:
“While I am still new to trading this market I realized really quickly that hoddling tokens no matter what they were, is a losing strategy in these conditions. Initially after diversifying into many projects I thought would be worthy of long-term commitment, I decided that with the bearish sentiment the best thing to do was to sell all my positions on rallies and to enter into USDT.

And because of the volatility of BTC I am only trading USDT pairs. I do believe that exchanges will recognize the need to disloge alt coins from dependence on BTC someime soon and when this happens, it will cause further downward pressure on BTC but be generally positive for the other coins. I'm currently watching the range bounce from 9100-6800. And while I am unsure of how long this trend will last, it has been successful seemingly for the past month or so. I do believe that there will be at some point, come a time when the market will sustainably rally but until the sentiment changes I don't see this occurring. For the time being we are in a bearish trend and one must recognize this.
I do believe it important to learn how to trade all situations and that this downtrend is a lesson to us all that there are different strategies for different circumstances and that one must apply the experience gained from weathering the storm in times such as these to learn how to Approach bearish markets. And while we can still hope For rally in the other direction we must still be real with what is going on. Be blessed!”
Continuing:

It’s my opinion that the infrastructure for investing in this medium is only now being developed and that just as we witnessed 20 years ago with the development of the Internet and the establishment of companies like Google, Amazon, Facebook, Yahoo, Twitter and other major companies which benefited from the establishment of the World Wide Web are once again being established in this new technology. That we are now at a place where every day normal people can participate in the manifestation of something which like the Internet in scale will become an integral part of everyone’s lives.

I am recommending that everyone at least learn a little bit about the space and what it could mean for you and world. There is an unique opportunity present for you to become knowledgeable about block chain but that some of you may find this difficult because of your concerns with whether this technology has any connection to the Mark of the beast. Crypto currency as a platform has fast-tracked capability to send money across the world to people in other nations from days to seconds, reducing the fees of such transaction from 10% to down to mere pennies. I believe that should one decide to invest even a small percentage, 1 to 5% of one’s discretionary funds, money one can afford to lose without any deeper repercussion. That there will be opportunity over the course of this year to increase possibly one’s initial investment 10x, 50x, and perhaps even 100x. That it is often in this market that certain coins read such growth in single hour or single day.

Know that I am not a financial advisor and am in no way giving financial advice, but I do encourage people to listen to the two shows listed below and to consider what I and this expert are speaking about within them. There is a potential for individuals like ourselves to utilize the knowledge and the foresight that we have with regard to the very real possibility of there being challenging times ahead to protect ourselves and our families. That we have a chance to invest into this technology so that we are able to grow our wealth and possibly prosper in such way that we can each support and our independence in a way unimagined until now. This asset class can if learned correctly on the turn-around gives us each an ability to move money across borders if necessary to protect ourselves and our financial security.

With that being said I am also attaching referral links for those of you that may be interested in learning more about how to enter this market below so that you can join the different websites you will need to access the crypto currency exchange. Right now less than 1% of the world’s population even knows about this information. For those of you that are disinterested please just ignore this message. But I do encourage all of you to at least listen to the two shows. Those of you that do take interest, if you have any questions about how to involve yourself in this space and you are wanting to take advantage of the study that I have placed into this platform, just contact me and I will do what I can to assist you. The link for joining coinbase will provide you with $10 free BTC when you join if you use this referral. The others will give you access to those particular exchanges. Also as long as the weather is nice and it should be, we plan on gathering the last Sunday of this month at the Ruby Tuesday in Winder, GA for lunch. Those of you that are interested in joining us please do contact me so that I can have all of your phone numbers just in case something changes. God bless all of you.

-Zen Garcia

Referrals:
https://www.coinbase.com/join/5a32f6ca02b05b012417e7e3
https://www.binance.com/?ref=26589927
https://www.cryptopia.co.nz/Register?referrer=EndeavorFreedom

2nd hour of this video:

Teeka Twari

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