You are viewing a single comment's thread from:

RE: What do you think happens to the price of Bitcoin when Publicly Traded BTC Miners stop selling the Bitcoin they mine?

in LeoFinance2 months ago

"When I see a bubble forming, I rush to buy it"

The most money is made during the bubbles, just have to sell before it deflates. There's simply too much money out there from a macro perspective (as well as past trends) for it to be down for long in this environment. Until the FED stops buying $120 billion in treasuries every month, more stimulus keeps coming and interest rates are at zero, bitcoin and the like are going to trend higher.