Don't Panic

Hello fellow Bitcoiners.

Over the next several quarters, perhaps even a year or two, the ongoing liquidity crisis engineered by the Federal Reserve will heavily surpress the fiat-denominated price of Bitcoin. This price suppression will be further excacerbated by the usual consolidation phase we see in the shadow of a new ATH.

This activity, in light of the central banks' efforts to develop and implement their own heavily controlled digital currencies, could very well make this coming consolidation phase the most significant opportunity to accumulate bitcoin that we have seen in many years, and may not see again in our lifetimes.

Personally I will be accumulating as much as reasonably possible while minimizing living expenses. Obviously this does not constitute investment advice, and you are responsible for your own actions in the coming months.

Best of luck and remember, don't panic.

gta3uzi, 2023-04-21

Submitted April 22, 2023 at 12:38AM by gta3uzi https://ift.tt/9qXkTWa