Cryptocurrency

Bitcoin is a self-fulfilling prophecy: Tech analyst



CoinDesk chief of staff Pete Pachal provides an analysis of the volatile economic landscape of the cryptocurrency market amid high inflation rates on ‘Mornings with Maria.’

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38 Comments

  1. Recession is so bad it's going to be a depression. or when we don't have enough money to have a buy out for a company to save jobs and production… famine , wild fires, food cost slowly rising. and quality going down….

  2. I< think the difference in this instance is that analysts are stating that we are heading for a DEPRESSION! so this changes everything in the grand scheme of things when talking about possible new ATHs. Great points in your video. I agree and suspect it may be too convenient to think BTC is perfectly correlated to S&P/Nasdaq and Altcoins to BTC. Refreshing to hear reasonable market analysis that takes a bigger picture perspective. So many people are squabbling over timing the exact bottom. That short-term thinking is such a rookie mistake. By dollar cost averaging and holding for several years, it takes the guesswork out. Next bull runs it won't be a huge deal if we bought at 21k or 17k. What will matter is that we are accumulating while the price is relatively low. I'm really holding on for this possible low point reentry, I screwed up some time back & I need this lower point to get back in, I’ve small cash on the sideline I don't like that but I refuse to FOMO in. Our younger investors are scared, they're concerned about what they should do because a lot of them have not been through this before. My advice to them is this, go all out into trading. Trading is where the bucks are been made. I see the stock market, housing values going down, and crypto going up. Traditional markets are getting recked. The new economy is crypto, not fiat. People want truth, not corruption, contracts not monetary easing. Venturing into crypto trading investment has been a turning point for me with the help and tutoring from my investment Advisor Mr Scott Nathan. With his guides and the trade signal, I use in trading, I have moved from having 0.8 BTC to atop 2.3 BTC in a short period of time. Invest today and trade your crypto assets with the best tutor trader. bufferingͲeIєɠɾαm 👉 scotnath1 for more info or mentorship on how to invest trade and earn with his top-notch trade signal..

  3. Bitcoin like the RNA vaccines are a scam. Bitcon is not a sanctioned currency, it is a barter tool.but it is not backed by any physical asset. Therefore it is worthless. If you own any dump it today.

  4. Bitcoin and ethereum are trash and if you still don't know that your lost
    Xrp , xlm , xdc , algo , ada , hbar
    Will run the the new global digital Financial system

  5. Just one old guys opinion ! The people that got into bitcoins early (at the top of the pyramid) made their money and moved on. Now the wannabes on the bottom are getting screwed. GET OUT while you can ! 💰💰💰

  6. <I totally agree with what you are saying. I started crypto in August 2017, and I bought in. I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I have learned from youtubers and other expert traders especially my mentor Richard Harrison , who taught me how to make trade and increase my crypto from 11 to 27btc no one really knows what is going to happen and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own investment choices based on their own research.

  7. Why do dems hate America? They hate, Make America great, they hate guns that help innocent people from criminals who have guns, they hate the national anthem, they hate freedom of speech, they hate Americas culture, they want open borders, they love inflation, they love recessions, they love a president who sniffs and touch people wrong and seems like he's above the law, they hate the skin color white, they hate the American flag, they hate our police, they hate our border patrol agents, they hate all Republicans, they hate if dont listen and do what they say like dictatorship, they hate freedom, they love big gov and being told what to do or say or even think. All the things they support or dont support is the real danger to our republic democracy of freedom.

  8. I knew from the beginning Bitcoin was the ponte scheme. It was so obvious. But morons think oh this is not a Fiat currency etc etc. Yeah that's true it's not a Fiat currency. There were so many signs that this was a ponzu scheme. Just like a Ponzi scheme.
    First people get interested then a bunch of people buy it then it falls and falls and falls. Look up tulips. If you have any brains you'll know what I'm talking about. Just a little research about what happened to tulips about 400 years ago. If you don't know what I'm talking about. You should not be in any financial markets.

  9. Crypto price in general has been fluctuating lately, which means the market is currently open and you cannot tell whether it is going to be bearish or bullish. This uncertainty is driving most traders away and forcing investors to hold. I would say it's totally wrong to just sit back and wait, maybe make a few losses, this is the wrong way of thinking for an investor because as an investor it should be our job to find ways to add and recharge more and more coins as the ultimate goal of making a profit. It all depends on the pattern you are trading in and the source of your strategies as well. I started at 0.9 BTC and accumulated over 5.5 BTC using the correct trading strategy given to me by an experienced trader, Erik Ming. His methods are top notch and profitable. He runs program for investors/newbies who lack understanding on how trading Bitcoin work's

  10. Real wealth is different than fake NFT META Etc. Real wealth is hard working people all around earth that make real stuff, Food Homes Clothes Etc. The real people make real wealth for fake people who enjoy real wealth because people buy into there fake monopolies.

  11. Watch out, 90% of these comments are hijacked by crypto spam bots trying to lure you. Any mention of this volatile and manipulated currency will bring out a flood of AI bots trying astroturf and get control of the conversation.

  12. I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING…I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET… CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

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