We are at a point where we know that the price action in crypto still has a lot of room to explode, especially in altcoins, giving astonishing gains and making new millionaires out of nowhere, thus changing the lives of crypto investors. But how can this be achieved?
In such speculative markets, where no real money is created through traditional means of producing products or services and exchanging them for money, but rather by buying assets like BTC, ETH, HIVE, ADA, etc., because we expect one of these assets to one day make us rich. Yes, the network or project that uses the asset will also become something essential in our daily lives. For this buying to occur, people have to put their hard-earned money into buying the assets. However, if you want astonishing returns, you need low-interest rates, preferably under 1%, and quantitative easing by central banks, exactly as it happened in the last bull run during the COVID era, where money was being printed like crazy, and everyone had large amounts to spend to buy volatile and risky assets like crypto and stocks.
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We know, at least for now, that this won't happen in the biggest crypto-buyer country, the USA, because inflation seems to be rising again, rates are high, and even if they cut, it will take years to reach 1%, so I am not expecting the US to be the real catalyst for these kinds of gains. Yes, ETF money is being injected into the market like crazy, but BlackRock won't buy Shiba Inu; the retail investors will. And where would these retail investors come from if not the US? Well, China!
China has four times the population of the US, and soon they will surpass the US in GDP, but now they have big problems; their economy is not growing in the way they want it to grow. So, what is the medicine for that? A stimulus program. They will print money to stimulate the economy and reach a 5% growth rate. But if you are a middle-class person and you get free money out of nowhere, what are you going to do? Buy more things and buy risky assets because you can. So, the plan is to flood the market with $137 billion for now and maybe $278 billion by the end of the year. So, what is my plan? Find the so-called "China coins" and maybe buy some of them because I believe that those coins will give x100 and x1000 gains this year.
Posted Using InLeo Alpha
