Cryptocurrency: Capturing The Carnage, BTFD!

grarpamp grarpamp at gmail.com
Sun Dec 18 11:07:31 PST 2022


https://i.redd.it/zxcutwxrqe6a1.jpg They will awaken soon
https://i.redd.it/4e1rox1sz46a1.png ∞ / 21M

BTFD


Buckle into your seat belts for the opportunity of a lifetime

https://old.reddit.com/r/CryptoCurrency/comments/znwlym/buckle_into_your_seat_belts_for_the_opportunity/

We are entering the final phase of the bear market. Those that can
flip the switch emotionally will look at this opportunity and load the
boat.

I’m sure many have seen the cycles chart but those who survive and
wait out the next 12-18 months deserve the glory of the bull market.
In this chart we are past the panic stage and now heading into anger.
Good news is now is the opportunity of a lifetime to plan positions
and scale in the next year.

For those who missed 2014, 2018 and the black swan event of 2020 March
- don’t make an excuse this time, the train is coming back to the
station. I was around in 2014 when the sentiment was 10x worse - if
bitcoin can survive that it will succeed.

2023 will go down as one of the best years to historically buy crypto
and assets. We went from an extreme case of Quantitative Easing (money
printer going brrrr) to Quantitative tightening. These affects usually
take 12-24 months to filter through the system.

Unfortunately the economy isn’t doing well and likely to continue into
2023. We’re not heading for a soft landing - neither is inflation
going to the target 2%. The fed is determined to get there - however
the many signs point to peak inflation being 9.1% in June 2022 and
likely by June 2024 we will be at 3-4% inflation

There are three stages of the fed pivot that we are seeing signs of entering :

Stage 1 - Slow down of the interest rate hike

Stage 2 - Pausing if the interest hikes

Stage 3 - Reversal of interest rates

Historically unemployment in QT and recessions have hit 5.5-7% and we
are currently at 3.7% - we have a long way to go. We started seeing
mass layoffs in tech and that will happen for the wider economy.
Businesses and consumers are tightening their wallets and this will
continue to have an impact

The market tends to bottom before the reversal of interest rates -
which will likely come after the second half of 2023 at this pace

Crypto truly is following its past cycles like a book. This cycle
corresponds damn almost perfect to the 2024 halving.

The worst thing you can do is leave the bear market and not build
positions, you owe it to yourself to stay disciplined and at the very
least do nothing. No one can time the bottom however these prices will
be deemed “lucky” by those who join in 2025+


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