showafrica:


Well my accusation on sleepy Joe is wrong. They are actually returning dollar to what it was. That's what democrats and Obama do. The fact is USD is getting stronger and btc is not going up any time soon until another US elections

AlphaTaikun:

Lol @sleepy Joe...


Absolutely!

The USD has gained strength and it has caused the weakness of several currencies of developing countries' economies that are already encountering distress and loan
payment defaults.


1. @showafrica, last but NOT least, do you still think some BTC is worth buying at a lower price within 2022 to 2023, and how low or high do you think it will ever get based on technical and sentimental analyses?


2. What's your insight on keeping some funds in USDT stable coins by investors? Any hints that USDT may crash or not be sustainable on the long run within the next 5 to 10 years?


I'll appreciate more of your insights on these questions and key points here.


All the best.

showafrica:


Well, to my little understanding. I expect BTC to drop more to 13k or 10k however, for the last 10yrs, every October 1, btc is always higher than what it was the previous October. Last year it was about 42 - 46k. It may go back to 50k and drop again but I cannot say the possibility honestly. If I have any cash, I will always buy crypto and store, for now it's safe to invest in crypto though, no one knows tomorrow.

USDT is in a strong chain and unless blockchain security is broken, a USDT will always remain 1$. If you want to store money, go ahead and buy usdt. Naira is complete useless right now and it's going to get worse and banks will steal your dollars if you store it in the Dom account. Your best option is crypto and metals. Gold and Silver are in all time low now... Buy metals, buy USDT, buy BTC. You can even do binance savings plan and be using the interest while your capital stay there. Any other bull run, will make you rich forever. No matter what, paper money is controlled by the government and they always fumble ones in a while and the crypto and metals will start bulling. Next US election will be another interesting time.

AlphaTaikun:

That's a truly awesome feedback @showafrica.

With the "strong dollars, conversely gold price drops"... You know your craft too well.

I'll digest more of the crypto info to get more specifics. I'll also send you a web link to an insightful Ray Dalio interview later today.

I wish you a great year ahead.

Thanks again.

showafrica:


OK thanks ...

I wish you same

AlphaTaikun:

Hello @showafrica, here are the four insightful Ray Dalio video interview weblinks that I promised to send to you in my last post above.
Ray Dalio is the founder of the world's biggest hedge fund firm, Bridgewater Associates, which manages $154 billion.


Ok



Ray Dalio: The Recession That Will Change A Generation

https://www.youtube.com/watch?v=i_yd9NUXEXE
FREENVESTING · Jul 24, 2022


"Most People Have No Idea What Is Coming" - Ray Dalio

https://www.youtube.com/watch?v=0-tLenP5NA4
FREENVESTING · June 24, 2022


Principles for Dealing with the Changing World Order by Ray Dalio

https://www.youtube.com/watch?v=xguam0TKMw8
Principles by Ray Dalio · 2 Mar 2022



Ray Dalio on 'Principles,' The Changing World Order, inflation, investing, bitcoin, and more

https://www.youtube.com/watch?v=WGroEiPSqSY
Yahoo Finance · Jul 16, 2022



Enjoy your day.