/h/cryptobanner

Bitcoin being down almost 60% year to date really isn't a surprise. It's just slightly more than average loses in the stock market this year. I'm down around 50% this year, but my money is spread out. I would love to advise you to hold on to your positions, but I still feel like crypto is basically a Marcy buck.

I'm getting slaughtered, but my investment money really doesn't have an expiration date. Amazon will be here when this is all over. Tesla will be here when it's all over. For example. Will Crypto? That's the question you have to ask yourself. There is no excitement in the markets or the crypto world. Retail is holding cash. It should come back.

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I think we're in for a long term bear phase, and with the US heading towards a recession, there's a lot more pain to come. Granted there's still decent money to be made even in a bear market, just have to play it smart.

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We are getting hit from every direction. I'm way more worried about China than Russia at this point. China is about to make a huge power move soon and where do we get all our shit from? But I blame the Unions at our ports for the supply chain problem. There should be trucks lined up for miles waiting 9 hours for a load. They need to fix that. There are ships just posting up for weeks at sea, It's ugly as fuck out there. But at least our kindergarten students understand what a chick with a dick is. The world is totally fucked.

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