I can't wait for some bankers to steal my 401k because a bunch of gopniks picked a fight on the other side of the world.
Just a friendly reminder that you don't have to be in the market. Retirement equities can sit as cash on the sidelines within your brokerage account. You'd be surprised how few realize this [Reply]
Originally Posted by BossChief:
It will be interesting to see if this is the middle of the bear market, or if it’s going to drop a little more and then shoot the moon.
Last year in April, Bitcoin got over 60k and by mid July it had dropped to 30k.
By mid august, it was back up to 50k and by mid November, it was over 65k.
If it gets down to 15-20, it’s probably worth taking a risk there…if nothing else, it’s due a correction.
Quite a different economic climate from this time last year. If crypto traces like other investment plays now as per usual I won't look for it on the moon anytime soon. [Reply]