Seen lot of people panicking about carry trade effect on global liquidity
I thought the pro’s already know about this for over six months so have been unwinding positions
Thus although liquidity will fall more the effect on btc is to a large degree already priced in?
Or am I living in dream land and should expect another 20% fall……and if that happens maybe gold / silver is a good safe haven for 3 months?
Posted by sevoflurane666
2 Comments
we are in a bear market and this situation will add fuel to the fire
We have been in a bear market for like the past year, just prepare some more cash in case of DCA needed, a 20% fall could still just as easily happen and is nothing. But i think we’re about to get off of the bear market, remember Japan liquidity might be tightening but the entire world is loosening up, the most important being U.S with their RMP(QE) programs and lowering rates.