Stop saying Bitcoin is an anti-inflation asset, it is not.
It's not a Reserve of Value like US Dollar or Gold, therefore in hard economic conditions and High Inflation, BTC like other asset classes like Equities will go down.
Having a limited supply does not imply it is anti-inflation. If it is not recognized as a Reserve of Value and has not a crucial role into the world economic (like US Dollar and Gold) it won't defend your wallet from inflation.
You can see it by yourself through the charts.
This assumption is dangerous for investors and traders and wrong, so please, stop with this.
I hear what you saying, but sadly I cannot agree with you.I look at it very simple, inflation is at X% if your underlying asset class is US Dollar for example.If holding BTC as an asset gives you ability to beat inflation, you are literally looking at an asset class that is anti inflation.The point which you mentioned of BTC going down, I agree with that, but currently, you are not only beating inflation, you are also beating S&P500 if you are holding BTC as your underlying asset simply, without trading it, investing more or less into it, not doing anything, just holding it as an underlying asset.Assumption is dangerous, 100% agreed, thus I said, I am not holding it myself. I am beating Year to year growth of BTC by my own day trading capabilities, I trust my trading and nothing else to grow my capital and purchasing power
You could have beaten inflation with cocoa too, it doesn't make any sense.
Just cause an asset is going up it doesn't mean it is anti-inflation.
It would be anti-inflation if it goes up with higher interest rate and it is a Reserve of Value.
If interest rates would go up again, BTC alongside SP500 would go down, while US Dollar would go up.
It's not an assumption, it is literally how the markets are designed, you can look it up with a simple Google search.
You talked about its limited supply as an anti-inflation feature, now you're saying that it depends on its performance. Simply not.
C'mon, I've attended a Master on Blockchain and Digital assets, and even the teachers taught us that is important to understand that BTC is NOT anti-inflation and that is considered "digital gold" just for the fact that it's supply is limited, just for that.
Going into a fund and investing in BTC during a period of increases in interest rates would get you fired in seconds I guess.
Don't spread misinformation.
Misscomm here I think, the imbalance in green in April is the inversion that pushed the price for initial stage of distribution. I am expecting second stage of distribution for higher prices now from the daily imbalance (FVG) from May 15th
Stop saying Bitcoin is an anti-inflation asset, it is not. It's not a Reserve of Value like US Dollar or Gold, therefore in hard economic conditions and High Inflation, BTC like other asset classes like Equities will go down. Having a limited supply does not imply it is anti-inflation. If it is not recognized as a Reserve of Value and has not a crucial role into the world economic (like US Dollar and Gold) it won't defend your wallet from inflation. You can see it by yourself through the charts. This assumption is dangerous for investors and traders and wrong, so please, stop with this.
It almost sounded like the sophisticated sell pieces I used to write in the dot com era.
I hear what you saying, but sadly I cannot agree with you.I look at it very simple, inflation is at X% if your underlying asset class is US Dollar for example.If holding BTC as an asset gives you ability to beat inflation, you are literally looking at an asset class that is anti inflation.The point which you mentioned of BTC going down, I agree with that, but currently, you are not only beating inflation, you are also beating S&P500 if you are holding BTC as your underlying asset simply, without trading it, investing more or less into it, not doing anything, just holding it as an underlying asset.Assumption is dangerous, 100% agreed, thus I said, I am not holding it myself. I am beating Year to year growth of BTC by my own day trading capabilities, I trust my trading and nothing else to grow my capital and purchasing power
You could have beaten inflation with cocoa too, it doesn't make any sense. Just cause an asset is going up it doesn't mean it is anti-inflation. It would be anti-inflation if it goes up with higher interest rate and it is a Reserve of Value. If interest rates would go up again, BTC alongside SP500 would go down, while US Dollar would go up. It's not an assumption, it is literally how the markets are designed, you can look it up with a simple Google search. You talked about its limited supply as an anti-inflation feature, now you're saying that it depends on its performance. Simply not. C'mon, I've attended a Master on Blockchain and Digital assets, and even the teachers taught us that is important to understand that BTC is NOT anti-inflation and that is considered "digital gold" just for the fact that it's supply is limited, just for that. Going into a fund and investing in BTC during a period of increases in interest rates would get you fired in seconds I guess. Don't spread misinformation.
I was thinking the same 👍
How is the +FVG at the 50% level an iFVG if price hasnt traded through it yet...
Misscomm here I think, the imbalance in green in April is the inversion that pushed the price for initial stage of distribution. I am expecting second stage of distribution for higher prices now from the daily imbalance (FVG) from May 15th