3/ From a market perspective, here's the opportunity as I see it:
If global markets freak out again, then there are any number of lows in the $5000s, $4000s and $3000s that $BTC could reach. Other #cryptoassets would test their own lows.
If global markets freak out again, then there are any number of lows in the $5000s, $4000s and $3000s that $BTC could reach. Other #cryptoassets would test their own lows.
4/ If you are lucky enough to have cash and want to dollar cost average in, know that we're in a good zone to be doing that week by week with $BTC and quality #cryptoassets.
Keep in mind that in down markets $BTC typically performs the best as the reserve asset of crypto.
Keep in mind that in down markets $BTC typically performs the best as the reserve asset of crypto.
5/ We may have de-leveraged enough on 3/12 and 3/13 to not get to 👇 point again, but anybody's guess with how markets have been whipsawing of late.
6/ I stand by the fact that I expect quality #cryptoassets to be some of the best performing global assets coming out of the #COVID19 crisis:
7/ For those that don't care much about the markets, one of the most frequent reflections I've been having is around how the coordination mechanisms being used in the West need updating.
8/ New technologies rise as old systems break, and often it takes a crisis to reveal the flaws of the old system in full.
9/ To that end, I'm curious for thoughts / articles / podcasts on the ongoing conversation about how central bank activity is setting us up for the inflationary event that many have been anticipating since the policies of the 08/09 crisis. Or anything else that's interesting :)
10/ Most importantly, I hope everyone is staying as well as possible. While the future weeks are full of uncertainty, I know that eventually, this virus will pass, and #crypto's fundamentals will have strengthened through it.
