@PlayImpostors@elliotrades I purchased & staked my original Impostors NFT & thought I was generating BLOOD. I just logged back in to check and the pet, cosmetics chest, UFO, materials box, & Impostor NFTs are all there but there's no accrued BLOOD anywhere. Can you help please?
“We have the tools and resolve to return inflation to the @federalreserve’s 2% [average] inflation target. The process is highly likely to involve some pain, but an even worse pain would be failing to achieve our objective.”
-Jay Powell, live at the @ecb forum
Buy the dip? 😂
One of the LARGEST Crypto Venture Capital firms:
Three Arrows Capital.
They're becoming insolvent.
With potentially $18b under management, this could be catastrophic for Crypto.
Here's a timeline of what's going on and the possible consequences:
↓↓↓
With regards to the cycles currently, are you thinking we're still following the prior 4 yr patterns or have you seen data to suggest the cycle patterns may change?
@benjamincowen Hey Benjamin I have respect for the way you presented your hypothesis of lengthening cycles but have even more respect as to how you took ownership when it did not pan out. That takes integrity and humility my friend. Both of which are needed in crypto.
@jmantheman916@ZssBecker IMO it's critical to currently only DCA into blue chips. Right now is just way too volatile from a crypto and macro perspective to try and nail homerun trades. It's important to learn how the overall cycles work and determine where we are in the cycles. That's helped me the most
@ZssBecker Honestly didn't expect the cycle to peak at those prices (BTC 69k and eth around 4k) but in hindsight it still fell within time frame of previous 4 yr cycles. Was hopeful of lengthening cycle theory but didn't pan out. Already lived through the previous bear so not too concerned
Macro Views:
As Ive talked a lot about, I think we are going into a pretty nasty recession (or are in one). Lay offs are coming as are house price falls. Demand destruction is everywhere due to the largest monetary tightening in history. 1/
1/ On Bear Markets
You are down bad? Working at McDonald's? Your ATH net worth is only visible with a telescope? Your gf is wondering where all the money went?
Now what?