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RE: All Models Are Wrong; Some Are Useful

in #cryptocurrency6 days ago

I use a multi indicator thing as well to tell where we are at in the market.

https://colintalkscrypto.com/cbbi/

Everything pretty much points to having that extra surge for BTC. I'm personally only banking on 120K but like you said with all the massive amounts of printing we can see the repercussions of that still hit the markets before the bubble bursts.

I like your thinking about the minimum it would cost you to survive each month currently. Our scammy monetary system gets us chasing to higher numbers as inflation erodes at real value. I don't compromise on health and nutrition. I always try to eat good food, get plenty of sleep, lift heavy, and control my time as much as possible.

All the things beyond that are extra for me.

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I don't compromise that much on health and nutrition. I should upgrade my bed, chair etc. and get some supplements when necessary with bull market earnings. Due to the extreme levels of inflation we have seen, I expect BTC to at least cross $150,000 and reach $300,000 in a best case scenario where traditional finance pump their own bags to dump on retail FOMO.

Thank you for sharing your multi indicator. I checked out some of them individually. They are great!