@Jackd3ig@Grrttptt@alkhadji Is it though? Because as asset holders when we want to liquidate out we need someone to pay for the price of the token.
On the flip side if the token is valued by utility (token price rises with how much value is needed to be transferred on XRPL than that’s a different story).
@AshCrypto Bullish for about a day. Yields will continue higher and Japan is about to hike. More reverse carry trade is on the way. Risk assets are about to dump in the next two months or less
@selfaware007@LayahHeilpern I buy spot too but I’ve made a lot more money using leveraged instruments than I have holding spot and my allocation is maybe 10-15% leveraged in my portfolio.
I have no ego/pride, trading and incurring losses has quashed that however data is telling me there is only tailwinds
@Ozziecraf@WatkinsVivienne LOL. I’m pretty sure retail and majority of you clowns on here think BTC is going to 200k.
Does anyone pay attention to the global economy. Risk assets are about to get nuked. A flush is incoming and then liquidity injection
Again, pin this and revisit before end of December.
@Gina_Jones0@KobeissiLetter BOJ hike incoming. Fractal patterns are coming a bearish move on Bitcoin. Energy is likely going to continue to go up. I don’t see any bullish case right now.