Today I am going to talk about Bitcoin's nonmovement today and digest more economic news. Is good news now bad for the markets?
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I Am George Channel:
Boredroom Live:
0:00 Intro
0:52 Overall Market
1:45 Great GDP Numbers = Bad Market
4:30 Tesla Great Numbers = Dump
6:30 Spot ETF Denied = Good News?
9:25 Ignore Bad Headlines
11:26 Expirations
12:37 Metrics
17:17 Russia Embracing Bitcoin Miners
19:20 Dollar Inflating
20:55 Use Defi / Cefi for Rewards
25:10 Q&A
🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.
#markets #bitcoin #crypto
I’m just gonna stop looking at my portfolio…it will return… someday.🙃
Haha return…
Sounds a plan 😎
Yeah I just told myself I’ll stop and check back in 6 months
Absolutely 💯
Just stake and forget
SmashA the likes. George’s trip to Italy rubbed off on him.
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Pump Df coin. Best way to make your money 2x, 3x or 4x ….dollars 🤑
mmmmft bxb
B be
Wait a minute, how can the economy boom when there is inflation?? Inflation means too much money chasing too few goods. 🤔
Inflation makes asset prices increase becasue the dollar is losing value im comparison to the asset, so it may seem like the market is ripping, but its just pricing in the value the dollar is losing, so the valuation goes up, but the value does not.
I wonder what percentage of George’s defi staking per his portfolio? George can you do a breakdown?
The FED knows people have been living good off crypto and stock market gains so they are going to do a controlled bear market.. I can’t see a path for us to head up at all before the spring with out any catalyst.
GEORGE HELP!!!!
Usually the thing that everyone expects doesnt happen. Im guessing this “crash” is a false flag, and when buyers start to come in we will see a short squeeze in all markets for a few months before we have a blow off top and go into the actual crash. The crash will happen when people think the bull market will never stop, not when everyone and their mothers is opening over leveraged shorts and puts. The confidence everyone has about this crash will be the fuel that will propel it into the final bubble stage becasue there will be massive buying, short covering, and fomoing in when everyone is proven wrong about this crash.
@Serg Iv sell signal
@Matt Have to be more specific than that.
Usually the thing that everyone expects doesnt happen. Im guessing this “crash” is a false flag, and when buyers start to come in we will see a short squeeze in all markets for a few months before we have a blow off top and go into the actual crash. The crash will happen when people think the bull market will never stop, not when everyone and their mothers is opening over leveraged shorts and puts. The confidence everyone has about this crash will be the fuel that will propel it into the final bubble stage becasue there will be massive buying, short covering, and fomoing in when everyone is proven wrong about this crash.
Maybe that already happened in november ?
Well hopefully that is what already happen in November and we are in the actual crash right now.
unless…. this is the crash no one expected
@Jacob KnechtelExcept everyone was talking about it since last November. Nothing new was revealed that the market didnt know then.
it always repeat itselft .. a friend told me to sell at 12k because it was the top .. to this day he is still trying to get back what he use to have
From an astrological perspective things are going to continue to be slow through the fall. It’s NOT a bad thing. A necessary and important re-balancing of the entire financial/markets ecosystem is happening that will allow things to go to the next level when it’s time. Small retail hodlers are going to have most of this year to increase their portfolios at an easy, comfortable pace during the dip. Why not just relax into this opportunity and be grateful?
You’re looking at the stars for TA ? lol
I agree whole heartedly with this thesis, and I welcome the opportunity for some relaxation!
@Mikey Joyce No, not looking at the stars for TA. Imagine a lake. Anything moving through the water, regardless of its size, will create some sort of disturbance in the water in the form of a wave. Two or more moving objects create waves that intersect in what’s called an interference pattern. Modern astrology is mostly, though not exclusively, the study of local solar systemic interference patterns created by the planets, and their effects on earth, as they orbit through the medium of space. Millennia of repeated observations have concluded, for example, that when 2 or more orbiting planets reach a 90 degree angle to each other, a specific type of interference pattern is generated in interstellar space with historical precedent and predictable effects on earth. Such an event happened 3 times in 2021 between Saturn and Uranus, which any reasonably competent astrologer could easily correlate with the major events in the 2021 crypto market growth and concomitant emerging regulatory pressure. There is a fourth and final engagement between these two planets in the fall. That is why I say the market will struggle until then, until these two planets start moving out of a 90 degree angle to each other and cease generating the particularly strong interference wave pattern that dominated the solar system all throughout 2021….
What if I told you that every little 2-5% move to the downside doesn’t have to have some news catalyst or explanation…
it’s just traders mitigating risks and/or taking profit. This MACRO move to 33k definitely had something to do with news events, but you don’t have to nitpick every little move to the downside as caused by something.
For 78 days?….
It’s obvious this is on purpose. Why would they freak out and sell everything unless they want to dump the market
We are gradually being moved into a different type of economy that’s going to involve cryptocurrency. Imagine the task of changing the currency of a Nation without everything collapsing
Can’t spell crypto without” CRY “
You mean sell or spell I don’t know
@Miguel Stanley 💯💯
@Miguel Stanley the best out there
@Miguel Stanley What’s his Telleram
Asking ?
@Miguel Stanley who?
“The crypto markets are quickly transferring vast amounts of money from the impatient to the patient.”
How are we going to have a blow off top with inflation , a large sell off, and ambivalence and lack of clarity from the fed? Especially since the fed has just announced that they aren’t raising rates til a later date. You would think this would be positive news and we would see a small recovery up to 42-45k. But this is not the case. With institutional money cashing out, and retail basically dead, it’s not going to pump any time soon. I see further downside then bear market. And all indicators seem to reflect that. I hope I’m wrong. I hope I’m very wrong. But we’ve been in a major downtrend for over 2 months now. Just separating the FUD from the hopium is difficult enough. But the numbers don’t lie. Until proven otherwise, it looks pretty bearish from where I stand. I think Monday and Tuesday of next week will be a good indicator of how this may play out. I’m expecting a small rally. If this happens, there may be light at the end of the tunnel. But if it doesn’t, we may be in for an ugly slog for months to come. Especially when the fed does decide to raise rates. Again, I hope I’m wrong. And I’m going to try to remain optimistic and take advantage of possible buying opportunities. But I’m not gonna ignore the writing on the wall either. Be smart and plan for any outcome. 👊🏻
Hey George, please go over the risks when staking UST on anchor protocol.
Yes would love to know the rushes of that as well as the 420% STX on ALEX. Seems too good to be true
Good info George. Thanks!
If your not in crypto for the long haul then just get out right now, right now is the accumulation phase and if your in this for short term gains you’re going to have a terrible time in the near future. Buy this dip, and hold until the next pump, it’s really that simple no other explanations needed, just HODL.
The crypto market faces so many
Pump or dump, leading to so many losses of crypto from
unprofessional or unwise investors.
I am George has a question!? If the fed reserve and big banks can invent money out of no where. What is keeping them from creating money and buying all the crypto then by default own the crypto and fiat gizame.
We brought up the bill to Krown last night, he was like– “yeah guys, they’ve always been able to do that” but he did affirm he’s not a lawyer.