I got out of my crypto positions before the market tanked

By B. Em | Stack of Sticks | 19 Dec 2024



I got lucky, I saw what was going on with the drones, with the inauguration on jan 20th, the FED meeting that just took place and after looking at everything from a birds eye view I decided to pull 80 percent of my crypto positions. Im currently only holding a crypto gaming coin. The way I see this going is that the FED is putting up a facade, just trying to save face, because most likely the new incoming president will put pressure on Powell to reduce interest rates further, that is if Powell continues being the FED speaker. As the new administration starts coming in , he could start feeling pressure from the new administration which can cause him to resign, there is about a 50 percent chance of that happening in my opinion. Overall the marekt could see a small bounce up but to see significant changes I think we would have to wait until late January to be able to better forecast where the market could be headed.

By the way if you were curious or anything here are some snapshots of where Im keeping some of my funds:

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And heres todays Fear and Greed Index:

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B. Em
B. Em

Believer of freedom


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