The sell-off in #Gold and the strengthening of the U.S. dollar confirms last week’s liquidity crisis, as investors rushed to liquidate assets for cash, ignoring fundamentals.

These liquidity crashes have always been the best #Bitcoin buying opportunities.

Reply to this note

Please Login to reply.

Discussion

What to do if you’ve run out of body parts to sell? Asking for a friend

This is why you need to stay solvent.

People will hate to hear it, but forced selling destroys you.

It is always the worst time to sell.

I fully understand the logic of the single dude/dudette that is all in, or even living on a bitcoin standard. I really do, but as the man with a family, home, and fiat orientated commitments, I do need som flexibility in the form of a fiat pot.

The longer time passes, the propensity to need that fiat pot will diminish, but today, right now, without it I too could be forced to sell at the worst of worst times.

Maybe it is stubbornness too. It’s almost unthinkable to be forced to sell bitcoin lol. ( It would feel like a personal failure where ‘somebody’ did get my coin )

My old landlord served an eviction notice at the exact bottom of the last cycle. I tried to explain and asked if he could postpone for a couple of months but he didn’t listen.

He timed it perfectly. What a cunt.

Are you making your environment (merchants, restaurants) adopt Bitcoin or Monero?

Because if you don't, you'll stay a slave to the fiat system and nothing will diminish over time.