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On average, recessions last 11 months, according to Lindsey Bell, chief markets and money strategist for Ally. The shortest recession on record is the 2020 pandemic-induced recession, which lasted just three months.
Is Crypto Winter Here, And How Long Will It Last?
possibly within the next couple of months, we could then begin to see some of that purchasing power becoming stable or even improving. At that stage, we could see retail investors coming back into the crypto market and supporting the price of bitcoin.
From a technical price perspective, both the weekly and daily time frames show that prices are way oversold as per the Relative Strength Index (RSI). This could bring in some bargain hunters, but overall price action suggests that we may see bitcoin dip below the $20K support level. This is due to the lack of bullish momentum behind its price, meaning we may even see a new consolidation area forming between the $20K and $15K price range if sentiment doesn’t improve. Bitcoin could stay in this range for a few more months with further downside risk as a result.
Crypto winters aren’t anything new; so far, we have seen nearly eight crypto winters, and each one of them has had unique features and some similarities. But when they end, we see bitcoin reaching new highs afterwards. While past performance is not indicative of future results, there’s a good chance that we could experience the same outcome when this winter finally ends.
This video was created to help people learn more about trading stocks and or Investing in the stock market.
I suggest stocks weekly to day traders and investors to consider.
DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility and we do not provide personalized investment advice. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
#stocks #Investing #crypto #money
Thanks for watching the video [ STOCKS & CRYPTO | “THIS TOO SHALL PASS” ]
49 Comments
Have a blessed weekend..The market is closed on monday!
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How do you dollar cost average I’m new to the game help me out
It's time for us to allow the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 16` btc from day trading with Stanley Jun Strategy in few weeks this is one of the best medium to backup your assets incase it goes bearish…
🧻👐
Amen 🙏
💵☕☕☕☕!
HAPPY FATHER'S DAY . UNCLE LARRY.
GROWTH IN BOTH. ITS JUST A WAITING GAME. JUST DCA IN. IN BOTH STOCKS AN CRYPTO.
Despite the economic crisis this is the right time to start up investment
Hi Rev. It was a uneventful day in stocks today. Crypto is way down under. Yes it will recover 18 months from now man that's a long time. I'll stick with stocks. On average year to date in only down -11.8% The Dow is down -18.3%, nasdaq -31.8%, S&P -23.54%. I pick my own companies for my store. Even if at the risk of tooting my own horn I feel confident we will recover by September in a radical market. If you can't afford to play this game of risk for years plz stay out I don't want to make gains on your suffering.😔
Larry I told Josh and I'm asking to watch WION on utube they only talk about the news on different countries. They put out today of more threats of China invading Taiwan just wanted you to see why they're saying this. Thanks
Whoooo??? Larry Jones!!
People I tell to invest in Bitcoin around 29k(and some other cryptos) "I'm glad I didn't listen to you"
So I told them good …. Buy it now it's a better deal
They look at me like I'm crazy 🤣
I'll keep adding my blue chips and solid cryptos
I'm new to trading. Please how can I make more profitable investment in crypto without incurring much losses?
I’ll jump in when Bitcoin goes below 9k
Blessings upon Blessings uncle Larry. Thank you again for all the info. Now let's get out there and continue to DCA!
I’m building my Ethereum bag, I’m letting Bitcoin be.
Yes like a Christian promoting stock tips…
Yes this shall pass.
I actually do like this guy and just having a bit of fun with the dichotomy.
I don't think the lord would be too upset.
No doubt extraterrestrials have a lot on their plate Atm. 😀
I love every time I get paid and I see the market red.
Thanks uncle Larry 💐💪 stay strong good people we got this
When you coming to Grand Rapids,Mi ??
Keep the prices coming down! Looking for a deep crash and I’ll start loading up the boat!
DCA DCA I am from El Salvador 🇸🇻. The president is telling the people. Now is the time to buy and hold.
I followed your suggestion and parked my money in USD, waiting for Bitcoin and ETH get close to the bottom.
Uncle Larry…I opened up a Roth IRA in my webull account late last year. I've heard you can do crypto in an IRA. Is this true? Also…thank you for your wisdom and willingness to teach the fam. With you and Josh for the long haul! Also wishing you a Happy Fathers Day!
Please we don’t have money like u okay
Love ya Larry have a blessed day
Love you Unk 💙🙏🏾
मैंने मिस्टर रोलैंड इवांस से अपनी हालिया कमाई के साथ प्रगति की है, शुरुआती लोगों को मेरी सलाह है कि जो व्यापार नहीं कर सकते हैं, उनके साथ निवेश करें और देखें कि आपका पोर्टफोलियो कैसे बढ़ता है
Larry
What's a good price to buy Bitcoin
59 1/2 for Roth IRA
I recommend a normal individual brokerage account instead of a Roth IRA. Only because you can only contribute $6000 annually and you have to be 59 1/2 to withdraw tax free. With an individual brokerage account you can contribute as much as you wish which will compound a lot more and a lot faster than being limited on the Roth IRA. Yes you’ll pay taxes on the individual brokerage account but you’ll be making ALOT more than being limited with an Roth IRA and you can contribute unlimited amounts of dollars and retirement a lot sooner.
Larry what do you think about 401K vs Roth 401K
Thanks Larry for the info my brother
I'm new to cryptocurrency and I don't understand how it really works.
Can anyone show me the right approach to invest with cryptocurrency investments
and get good profits?
Hello Bro.Larry, you made my day again! Great informations from a great YouTuber! Two thumbs up to you again Sir!👍👍
Have a great weekend too & God Bless us all.✌🏻🙏
Hey Mr. Larry!!!
I’m still DCA no matter. I have faith in crypto
Partner and I each make $600/month donating plasma. $500 goes into each of our Roth IRAs and the rest into stocks and crypto. If you can donate, I suggest you look for a donation center near you!
Thank you. Appreciate your help
Big ups to Uncle Larry, the Boss, the Real Deal Holyfield baby. Love You brotha
Buckle up. It's going to be a bumpy ride.
How do I invest in IRA?
Thanks for everything!
💙💙💙💙💙
Hit up 👆
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Even with the fluctuation in the economy, I'm so excited I've been earning $45,000 from my $10,000 investment every 10days.
Is it zcash a buy ?
The issue is quite simple, when people are losing money its very hard for them to want to add more money into the fire because there is risk some of these coins will disappear.