However the ETF’s are having inflows of a billion dollars each and every day, and the advisors don’t even have it on their platforms yet.
FASB hasn’t kicked in for many of the public companies as of yet, and more.
Won’t this impact the price, not only to the upside, but also IF this amount of inflows continue, that the extreme decline in a bear market (80%), MAY not happen again?
Because of the nature of our space, I believe it will.
In regards to your comment, it reminds me of one that I received when I announced that I was withdrawing all of my coins to an exchange in April 2021:
"Love the assessment as always. My only consideration is: if 60k is the top, I wouldn't expect the 80% drawdown. As you stated, volatility is reduced and therefore could it be argued that calling a top has become less relevant? RR is materially changed by this: i.e. why not hold?"
Thanks so much for the great analyses!
It's my pleasure Nadia!
CC,
Much of what you write makes sense.
However the ETF’s are having inflows of a billion dollars each and every day, and the advisors don’t even have it on their platforms yet.
FASB hasn’t kicked in for many of the public companies as of yet, and more.
Won’t this impact the price, not only to the upside, but also IF this amount of inflows continue, that the extreme decline in a bear market (80%), MAY not happen again?
Cheers!
Because of the nature of our space, I believe it will.
In regards to your comment, it reminds me of one that I received when I announced that I was withdrawing all of my coins to an exchange in April 2021:
"Love the assessment as always. My only consideration is: if 60k is the top, I wouldn't expect the 80% drawdown. As you stated, volatility is reduced and therefore could it be argued that calling a top has become less relevant? RR is materially changed by this: i.e. why not hold?"
"I can’t wait until the time comes that I sell my coins to them!" The moment we are all waiting for! Great post again!
CC,
I hear you.
It’s all about playing the ‘odds’ based on data and such.
But they are still just odds. No one knows for sure.
That’s why I will hedge my bets. Take some off the table. And leave some as is.
Some will sell all (you). And some will hold all (hodlers).
And some like me, will do both.
Do what is best for oneself, always.
Cheers!