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The .dot com and Nasdaq has burst its bubble too.I'm watching...

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gemma

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25/01/22

02:10

Post #: 59103040
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Originally posted by jakspara: ↑

Sorry gemma, the crypto bubble has burst. It’s been a good run but it’s all cyclical and this is the start of the move back to cash and bonds. The big move out of crypto is due to quantitative tightening, it’s only just begun. There is more to be wiped off the crytpo sphere than the $1.2 trillion in the last few months, it hasn’t even got moving yet. Michael Burry called this early, was scoffed at but now it’s happening, he knows a thing or two, worth following imo.

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The .dot com and Nasdaq has burst its bubble too.

I'm watching closely.

But interest rates and inflation and fear is the main cause of course quantitative tightening which began in November 2021.

I bought some ETH yesterday. Alts had green shoots yesterday but lost their shoots again.

Its time to watch and know when to get in. There are bargains in crypto in the next few weeks.

Will be waiting and watching for the US Fed meeting on Tuesday.

Last edited by gemma: 25/01/22
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