tezostrader | Cryptocurrency

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$XTZ Price & Trading Discussion Tezos Markets: https://coinmarketcap.com/currencies/tezos/#markets https://www.coingecko.com/en/coins/tezos/trading_exchanges#panel

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Tezos Trader

I love that theory,
he has to make the dollar weaker
so he can refinance debt at a lower price
other countries can start to go Burr!!! (weaker dollar), to keep their countries working!
then USA $ go Burrr!!!
then assets owners and rich people get that liquidity!
then crypto pop as a result!
it's a bad system, but its the best there is!

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Tezos Trader

What about the recession in the US? It's time to lower the key rate, Mr. Powell

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Tezos Trader

Could do with a nice run this year now to make up for some major opportunity cost from the last cycle 🙄😅

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Tezos Trader

I took a large haircut in 2024... Been working to build that back...I need a decent leg up this year to do that

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Tezos Trader

That was fun....How you been ? It's been a looong time

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Tezos Trader

Record puts ATM as well. This would be a nice setup to get them all on the wrong side

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Tezos Trader

I think this lvl ends up holding

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Tezos Trader

Maybe 19980 on the NQ and Crypto will follow

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Tezos Trader

I remember in 2017 many were excited about cryptocurrency, assuming that it would somehow provide freedom from the fiat system.

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Tezos Trader

If it becomes firmly entrenched in people's minds that there is no value in crypto, then purchases will decrease and everything will spiral downwards irrevocably

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Tezos Trader

and PoW too, there would be no one to sell coins to

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Tezos Trader

it was in all spheres of human life, something remained, something went away and was forgotten

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Tezos Trader

it's funny because we talk about something else there but it fits

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Tezos Trader

and gets converted to community member

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Tezos Trader

but for now I'm still here, baking tez buns

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Tezos Trader

Trump is driving the US into recession with tariffs, which will force Powell to lower the key rate in order to pump crypto, MULTI-MOVE!! 😎

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Tezos Trader

Got a big chunk of BTC with avg price of 18k though, and sold that at 100k so shy 6x in that trade was a good start to this cycles trading 💪🏻

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Tezos Trader

Well I'm still holding tezos so also had to endure some pain 🥲

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Tezos Trader

Indeed. Should be a fun year. Been a loooong bear, was hibernating. Just flipped BTC purchases to some choice alts though and in a long with decent enough prospects so feeling somewhat optimistic again. You?

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Tezos Trader

Well, close to as high as the records go whatever that's worth

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Tezos Trader

Rally into close I reckon. Would want to get over 5730ish on S&P. Id imagine it'll come after Powells spiel in a bit

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Tezos Trader

I think the same. Too much fear.

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Tezos Trader

I think the bottom is close

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Tezos Trader

I really thought on chain governance was going to push it over the top

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Tezos Trader

holders are just traders in a very long trade, you will always find trader to trade anything as long as they can trade it

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Tezos Trader

without holders the PoS network cannot exist at all

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Tezos Trader

the hope is that the network will have real value

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Tezos Trader

a community built on those who hold bags with hope and irrationality

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Tezos Trader

I was just about to say that... a bagholder is just a trader with unrealistic targets

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Tezos Trader

I have already withdrawn all the money I invested in 2017 from cryptocurrency, but I could have taken more, I could have sold all XTZ at the end of 2021 and never returned to crypto.

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