It seems like an interesting time in the market right now. I’m upping my Bitcoin DCA as my conviction grows, but cautious with the rest for now.
Tech bubble 2.0, blow off top? Thoughts?
20 sats \ 3 replies \ @Undisciplined 22 Jan
There are a lot of recession signals right now. The US money supply has been contracting for a year and the treasuries yield curve has been deeply inverted for a long time.
I expect to see housing prices collapse. There's an historic spread between the cost of owning vs renting housing. Combined with the deflationary pressure, it might be a good time to buy a house pretty soon.
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28 sats \ 1 reply \ @BitcoinIsTheFuture OP 22 Jan
I tend to agree. It’s just a question of how many more can’s can be kicked by the politicians and in an election year.
I think they are running out of runway.
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10 sats \ 0 replies \ @Undisciplined 22 Jan
Exactly, we more or less know how this story ends, but we don't know how many chapters are left.
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28 sats \ 0 replies \ @Anonymous_Hodler 22 Jan
100% agreed… I don’t think anyone can come up with a solution to the Us Debt spiraling… We’ll probably experience in our lifetime an unprecedented debasement of US dollar and a default sending most economies to the ground, leading countries to rethink their governance.
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10 sats \ 0 replies \ @justanumber 22 Jan
Thanks for posting keeping open (with my many other tabs XD ) to read later.
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0 sats \ 0 replies \ @BitcoinIsTheFuture OP 22 Jan
Here is a great chart from Jurien Timmer on what happens when the markets hit an ATH after a bear market
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