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Showing posts from March, 2024

Are We In A Market Bubble? Why I took a Break from Trading

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 Hi! there, and Welcome. What do you know about market bubbles? well, let me first of all explain what I think a bubble is. Take an inflated balloon for example. It takes just a little puncture for all the air to come out. That is to say, a bubble is an inflated stuff. Whether or not that stuff can stay inflated is the most important question.                                                                                                                                       2024 Market Bubble by Dalle.E.3 MS Copilot We are almost through Q1 of 2024 and we have had record-breaking months in February and March with stock and cryptocurrency markets hittin...

Why have I Not Been Part of the Recent Bitcoin (BTC) Rally?

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Dear reader, welcome!  If you know me well, you will probably be re-reading the title again to ensure you read it properly. Yes! you got that right. I have largely not been involved in this rally for several reasons. Some are that:  . I wasn't sitting on cash . I had abandoned my dollar cost averaging (DCA) crypto investing style a long time ago. . Other financial assets and markets were of more interest to me. . Perhaps I was just foolish hahaha However, truth be told,  it did initially hurt to not be part of it, and to make it worse, the only amount of BTC I hold is locked up with one of the brokers I used to trade with. Now I can't access it but hopefully one day. So let's get to the nitty-gritty, shall we? In 2021, I wrote a piece in support of cryptocurrencies, especially BTC. I look at the price today and it still baffles me how I missed the whole move despite calling and forecasting for it to make all-time highs (ATH)by this period. Perhaps the naivety and inexperi...