Sirwin
Sirwin

October finally turns into Uptober


 

October finally turns into Uptober after a very turbulent final week. It started with strong falls in all markets, especially strong were the falls in Chinese shares. The Chinese government is becoming more powerful and there are fears of policies that will slow down the growth of private companies.

That we have Bitcoin in the green and the other cryptocurrencies also on the rise is not something definitive, far from it. Year-end earnings results may take this ahead of us and we have several possible scenarios that may also lead markets to bottom out before this bear market ends.

We have the FED meeting in sight and interest rate hikes in mind. You have to be very attentive to Powell's words since the markets will anticipate what can be deciphered. Keeping the foot on the accelerator would be another drop and should he comment that the next hikes will be 0.50% the markets will welcome the rumour.

 

Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

 

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The Crazy Dude
The Crazy Dude Verified Member

I am interested in this new era we are coming into. I will post all the things I´ll found. @The_passenger80 follow me on Twitter


Cryptoworld by The Crazy Dude
Cryptoworld by The Crazy Dude

Initial nonfinancial advice for people who start their journey in this field, conspiracy news, and personal thoughts. Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

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