mychartslie

Hyperbitcoinization is coming. What's your plan?

BITFINEX:BTCUSD   比特币/美元
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Here's my opinion on crypto right now, it's simple:

1) Bitcoin's not finished yet. ,The markets are oversold and are preparing for the next leg up, which could mean we move sideways from here over the next 2-3 months. Wall street, institutional money, and governments are just beginning to buy up a shitload of crypto. Instituional buy-in always preceeds a bull-mania phase. We have NOT seen mania yet. When your mom shows me her Wantonchain ass-tattoo, then it's mania.

2) This is the time to accumulate as much Bitcoin as possible. The way to do that is through alts. Bitcoin is NOT going to be the big money-maker for the next 2-3 months, so people are going to get bored and look for other ways to get big returns. Plus, tax returns are beginning to pour in- where you think people are gonna spend that? Where else can you 5x your money over night?

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