Read on Twitter
A lot of people ask me about bitcoin.
I wrote one article on bitcoin back in 2017 with a neutral outlook, and the bitcoin price has been volatile but largely sideways since then, and is now at a price roughly the same as when the article was written.
https://www.lynalden.com/cryptocurrencies/">https://www.lynalden.com/cryptocur...
I wrote one article on bitcoin back in 2017 with a neutral outlook, and the bitcoin price has been volatile but largely sideways since then, and is now at a price roughly the same as when the article was written.
https://www.lynalden.com/cryptocurrencies/">https://www.lynalden.com/cryptocur...
Now in 2020, I lean a bit more bullish on BTC. I still prefer gold/silver/miners overall, but BTC is a play on the same theme of debasement of global fiat and excessive liquidity coming in the years ahead. Big upside and downside potential.
BTC halving is another nice catalyst.
BTC halving is another nice catalyst.
I wrote my BTC article back in 2017 because, due to the surging price, I got a ton of emails from people about it and excited with it.
So I wrote my article to chill people out and provide a sober analysis of pros and cons. The neutral outlook ended up being good for 2-3 years.
So I wrote my article to chill people out and provide a sober analysis of pros and cons. The neutral outlook ended up being good for 2-3 years.
After bitcoin crashed from its late 2017 peak, in 2018 I got a ton of emails about pot stocks; people excited about them.
I didn& #39;t invest in any pot stocks and my email responses to readers warned about overvaluation and to be cautious in the space.
I didn& #39;t invest in any pot stocks and my email responses to readers warned about overvaluation and to be cautious in the space.
After pot stocks crashed, in 2019 I got a ton of emails about gold stocks; people excited about them.
Unlike pot and BTC, I do invest in precious metals and like them. However, I warned a couple times about excited sentiment; focusing on the long run and remaining diversified.
Unlike pot and BTC, I do invest in precious metals and like them. However, I warned a couple times about excited sentiment; focusing on the long run and remaining diversified.
