BTC currently trading at $19k
ETH at $980
Amateurs wanaendelea kupipinywa makeii buana :D:D:D.
This market isn’t taking any prisoners.
And we’ve not yet hit rock bottom.
The U.S is about to announce that we’re in the middle of a global recession in about 2 weeks causing more people to panic. It will go lower than that.
Panic kila mahali :D:D:D Watu wauze kila kitu warudi ushago.
As the crypto market becomes integrated with the economy, it becomes responsive to economy-wide macro shocks.Bitcoin is not an inflation-hedge asset!
Thing is the more bitcoin exists, the more it stabilizes. If you take a long term view of decades, it could end up being a good store of value, whereas fiat will forever inflate as more of it is printed.
#NotFinancialAdvice
At this moment in time, for most people, if the price of bitcoin affects their lifestyle - food, rent etc, they are doing something wrong.
Si nliwaambia mtoke Feds wameamua kuprove who’s the real boss. Hii kitu inarecover wakiamua…
The world is ending soon