If you’re freaking out about this drop you must not read the..
Added 2021-12-07 04:48:48 +0000 UTCIf you’re freaking out about this drop you must not read the reports I have been posting the last month. I’ve been saying since October that I would not be surprised if we come back down to the 50k area with some nasty wicks into the 40ks. Here we are.
When there is a lot fear in the markets, that’s when, historically, it’s the best time to buy.
The same people that said “the top is in” back in November of 2020, January 2021, February 2021 and May of 2021. “The top is in.” And they have been wrong every single time. They will be wrong again.
They do not understand what is going on in this world. You can look at TA all you want but that’s not going to tell you where this market is going world news and whales clearly shift things in seconds.
You can look on Twitter at someone with 100k followers, or YouTube, they don’t understand what’s going on in this world. This is a very historical time. The biggest wealth transfer in history!
The federal reserve banking system controls this market, and until they change their game plan this market will continue to go UP in the long run. Does it go straight up only? NO. And I never said it would. It goes up, it goes down, and yes it’s very volatile. You buy when we are RED, not when we are green.
I have been DCAing on these dips little by little. As we go down more my orders have gotten larger each time. Huge orders in today.
Is this the bottom? Tbh, no clue. The world can go on strike on Monday and will send this in circles. I don’t guess where that is. I do know that we are at a discounted price compared to the 68k we were at last month, I know in due time, we will be higher than 68k because they just flushed out more than half the market. Weak hands got wrecked they sold low and whales bought cheap.
Do not panic, do not fear. That’s what gazelles are doing and you’re not a gazelle, you’re a LION!!!
We are sitting at prices we were just at a few months ago before a very nice October, we can’t and won’t go straight up. In my opinion, this pullback is incredibly BULLISH for the long run which is also good that we got it. This run will last a longer period of time and go much higher than 68k, but it ain’t going to happen overnight. It takes time. So we DCA and don’t over leverage too much.
