Crypto Currency Update: Now's the time to accumulate. (Predictions)
So far, the beginning of November has been very promising for most of the major cryptos. For example, thanks to Elon Musk's takeover of Twitter and the rumors that DOGE (Dogecoin) could be part of his business plan, DOGE made a major move from the $.05 range to $.15, and there are many more examples of strong growth in key coins. However...(more below>>)
Below: One of the technical analyst's channels that I follow thanks to his consistent accuracy in crypto trends.
Please note that the following is not intended to be financial advice! It is merely my own 'prediction' or opinion of the potential price movements in the crypto market, and should be taken as entertainment purposes only. Be sure that you never invest any money that you can't afford to lose, and apply sensible, dollar cost averaging techniques to minimize losses.
I just wanted to give everyone a head's up that now is the time to be accumulating your favorite coins during the dips in the month of November, because December through March of next year should show very strong growth, and in many cases, to the high prices that I've predicted in previous posts!
I personally am considering purchasing some remote land or more foreign property in early 2023 if I'm able, purchasing a smaller, more gas efficient vehicle, and will most certainly be setting some aside, perhaps in gold or silver.
And honestly, because I'm very bearish when it comes to the US dollar, and other currencies, for that matter, I'm hesitant to lock myself into the "I'm going to HODL so that I can be a Bitcoin billionaire" mindset, because it could all be gone in the blink of an eye as central banks attempt to seize control of the world. So, buy assets and pay off debt as the crypto market goes into Bull mode, people!
One additional note: Beware that there could be a big dip coming within the next week or two before the market really starts to take-off, so no worries if you've missed the last of the discounted prices at the end of October.