Listen up, folks! The Fed is about to make a big move again; at 2 AM on Thursday, whether we feast or eat dirt depends on how the Americans react! Remember this line: If the Americans lower interest rates, it's a festival for the crypto world; if they raise rates, the crypto world collapses; even if they hold steady, it will still shake you to your core!
Why? It's simple! Just look at history and you'll understand:
In 2019, when the Americans lowered interest rates, Bitcoin skyrocketed like crazy, multiplying several times! Why? Money became loose, everyone panicked and flocked to Bitcoin, the digital gold!
Crazy interest rate hikes in 2022? That was disastrous! BTC took a knee, dropping by more than half! How many brothers got liquidated with high leverage, losing everything? The wind on the rooftop was chilling, and thinking back on it still gives me chills.
Even if interest rates remain unchanged this time, don't celebrate too early! Last June, the Americans played this trick, and as a result, BTC jumped around like bungee jumping, swinging 8% up and down, killing both longs and shorts; how many people got shaken out and had to cut losses? It was a pure monkey show!
What are you most afraid of right now? The Americans say one thing but secretly act hawkish! For example, the dot plot hints that 'interest rates won't drop much next year', or Powell comes out with a statement that doesn't rule out further hikes! The market hears this and panics, selling off frantically!
What should we small retail investors do? Don't be stubborn!
Leverage needs to be reduced quickly! Anything above 5x is a recipe for disaster; instant volatility can wipe you out, and you'll be providing fuel for the exchanges!
Pay close attention to the US stock market! Right now, BTC is in the same boat as the Nasdaq; if tech stocks over there crash, the crypto market will definitely follow suit. Keep a close watch on Nasdaq futures!
Want to play it safe? Put some money into reliable stablecoins for mining; although the earnings are lower, it’s better than getting liquidated!
Don't just panic! Crisis = Danger + Opportunity!
In case of a real crash, do you think giants like BlackRock and Fidelity will buy at the bottom? If they make large purchases, that’s a signal for a rebound!
This year is the US election year! Can Biden really let the Fed raise rates and crash the market? It could just be a 'dovish rhetoric', causing a false alarm!
On the eve of the showdown, take my advice:
From 2 AM to 2:30 AM on Thursday, don’t be impulsive and place orders! The market will be erratic during that time; entering means offering yourself as a sacrifice! Wait until after 2:30 AM and see how Powell 'blows the wind'; once the direction stabilizes, then make your move! Hold onto good coins; a crash is just a ticket given by the heavens to get on board!
This time, are you the one who got liquidated, or the one who doubled down at the bottom? In a bull market, 90% of people are losing money? Why do you get to make a profit? Click on my avatar to follow me! Don't get lost when buying at the bottom.
