As a personal crypto vice of mine, I do read #Cointelegraph now and then, to get the various authors' take on many things crypto.
Today the latest #BTC Price marketbabble does indeed have me shaking my head. WTF.
My epiphany was this,
The legions of repeaters of repeaters churned out of biz schools worldwide with their malformed misinformed, inexperienced views are nicely 'packaged' into this post for all to see. Phooey.
My advice, don't fall for any of the advice in this post.
Their expert 'faux pas' has these 'experts in mass' including the badly flawed #CPI 'Consumer Price Index' as an 'unassailable' market fact on which investors can rely, and therefore ALL investors should listen to their forecasting re: BTC price movement 'market babble' (as the self anointed BTC market 'experts' they paint themselves to be.)
What a joke, and as the fictional Logan Roy likes to say on the wildly popular Succession TV series, regularly, " Oh Fack auf!"
So that is my short response to this multi-faceted 'expert' opinion posited in the #Cointelegraph post above ,containing some really BAD assumptions of where BTC is going relative to the change in CPI.
Governing you Mental outlook always: Do you really trust Government CPI information?
In reflecting on the fact most all Federal governments' reporting on the CPI focus on their own monthly 'basket of goods mix' average price, based on month to month price changes for each good in the basket, to determine their own CPI value,
it's clear from this BTC market babble post on Cointelegraph, CPI is not really well understood by these experts, especially when you read the post's so-called 'expert' revelations about BTC price changes, all of which are posited in 'financial' language, which quite frankly, I would be willing to bet these expert opinion authors referenced in the post don't understand CPI hardly at all, making their BTC price projections imo rather 'irrelevant'.
Why?
Because your house mortgage interest rate changes and car payments are not factored into CPI, the two biggest items eroding your disposable income monthly.
Getting real.., about CPI and it's relation and possible influence on BTC Price changes.., try CPI+
To really understand what I call "CPI+" , the small BTC investor must include in the CPI index all those recently crazy rises in ratepayer utility monthly charge increases for power, heat and water, in order to calculate CPI+, which represents real inflation price and the erosion of your spending power monthly.
Also don't forget to add into the CPI+ formula above the price hikes we are all getting hit with at the pump to fuel your vehicle, as well as the hidden vehicle maintenance labor and parts price increases one will sooner or later pay.
With all those 'NEW' CPI+ factors in mind consider this,
BTC is really nothing more than a digital casino table, acting as the 'fiat sponge', that is doing a good job 'sopping up' excess money supply (per each investor when it exists).
That said, a smart small investor in BTC takes any disposable 'spare' income and spend's it wisely, where some small percentage is placed in the high risk part of their portfolio, so as to place mid and long term hi risk/hi return 'bets' on when to first buy and then later sell of BTC,
where such buy/sell actions are truly reflecting where the 'real' main street economy of this world is going really, or (might be sort of) 'heading' as far as the small investor is concerned, which keep in mind, as an investor segment is only a minor share of each side of the BTC buy/sell walls,
considering most all BTC flows buy/sell interact directly stable coin pools these days, with such flows triggered by 'Quant' day trade style automated trading systems with microsecond accuracy, where BILLIONS are moved daily in BTC to/from the big Stablecoins really affecting the price of BTC, as 'they' collectively like.
Seriously,
TK's Inflation Outlook and BTC Price Forecast with CPI+ in mind : Risk Mitigation and Hi Risk Bets
If the real "CPI+" sees an increase over the past month, then inflation is indeed rising to higher monthly rates AND, investors big and small will place bets on BTC being a sort of safe haven from FED prying eyes and erosion of their buying power.
And if, in the case of the small investor , they have any money left after cutting back on discretionary expenditures (because their disposable income has shrank due to higher CPI+ cost increases per month) they might in a minor way influence the price of BTC upward.
Capiche?
So if you have any monthly disposable income left, after paying for CPI+ monthly and after placing all your low and medium risk bets on #gold, #SILVER and a good real estate bottom of market buy, then yes, first buy a lottery ticket and then take what's left and bet it on all the high risk horses, in my case that's #Polygon, #Monero, #Stellar, #COSMOS and a little bit on BTC and #ETH.
Stay safe small investors and #HODL onwards!
TK over and out.
p.s - Cosmos might be the better place to 'stake' these days, if your looking to securing mor crypto volume in the multi-token ERC settlement space.
