Stay Positive and Strong
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In Retrospect: Very excited for “Ravencoin Halving” which will start in 17 hours. I know that many people who don’t have financial or banking background are concerned from the Federal Reserve decision that it will tighten/taper their holdings which has affected "crypto". Seen this volatility many times before (They announce it, market pulls back then continue to rise (Shrug/Positive News/short Squeeze triggers/Algorithms and bots). It’s a Bi-Polar market, and since many traders like the golden bull in NY, the markets always and will tend higher because debt don’t matter according to the Keynesian Economics. Federal Reserve has unleashed Quantitative Easing / QE-infinitum aka “Helicopter Ben 2012” which is todays JPs “Printer Brrrr”. It was impossible for anyone to believe that the Dow will go to 36,000 from 8,000 points back then but here we are at 36,068.87! If anyone wrote that back in 2012 they would label him nuts. Now if all Central Banks combined decided to actually do sell their assets, no sane and big institution like the Sovereign Wealth Funds (SWF) or Foreign government will buy them (Seen some few exceptions), let alone the normal banks. This will indicate a serious red flag. What I expect from the fed and other CB’s down the line: 1- They will keep adding more debt (Bonds/Equities). 2- If any government decides to dump their bonds they will buy them. 3- Keep interest rates low or unchanged forever, unless there is going to be a Zimbabwe effect. 4- Add Crypto Currencies to their future holdings as a new class of assets directly or through their arms. For the RedPilled Guys: A Ravenite posted that would you take a redpill with zero dollars and go back in time?! The red pilled guys have suffered abnormal losses in their holdings with the exception of very few guys like Michael Berry and Mark Baum, what they did is they were “Short Sellers” on CDO’s when actually investigating and real valuation made sense in 2008/2009, they were so patient with their losses and at the end they made billions of dollars. I don’t follow stocks anymore, but the same beef is there with Elon Musk and MJB on Tesla. Many others have tried to short bankrupt companies, but it was saved with stock buy backs and infinite zero interest money, many honest ZPilled dudes lost, hence came the term "Don't fight the Fed" For Cryptocurrencies, you’re redpilled if you “Buy” and “HODL” when everyone is selling. If you have followed the Central Banks back in 2011 to date by taking the blue pill, you would’ve made insane returns on the top stocks since then as an investor. Ravencoin is still in the embryo phase with 1.04BN Market cap: The Crypto space is very small it has 2Trillion Marketcap and the top 5 coins control more than 65% of that share. The biggest coin that will take hit from such policies would be Bitcoin followed by Ethereum. BTC has been purchased by big banks and big corporations, so any policies will impact their price more than any other coin. I’ve covered many topics regarding the halving scenario and it was concluded that no one knows how it will behave after 17 hours. However and I am just speculating here that Miners who want to realize their gains are going to be the ones who make money but over time and when they realize that they can no longer have a leveraged effect on their dwindling supply down the line, retailers and whales who without a shadow of doubt will be the biggest winners. I am all pro with the idea that we “Ban our selling” but there are people who are impatient and there are traders who will bet that Ravencoin will go lower. Conclusion: The market has been heading lower since Sep 2021 and now it will be poised for a rebound especially for Ravencoin. The fundamental news has little to do with Altcoins and it has a big impact on crypto indices (ETH and BTC). Ravencoin will certainly gap up like this chart below just when the bids outmatch the offers down the timeline sooner than we think. The miners will have to do double the effort if the price triples to get ravens and they will have to expand their rigs while selling their coins to retail and whales who don’t mind to absorb the selling pressure for another 5-10 years, the more the miners sell, the more power shifts to retail and investors. Best of luck to all of us! submitted by /u/Cultural_Traffic_321 |
