It's been like Groundhog Day movie for the last 2 weeks. It's just boring.
Doesn't seem boring to this here cat. Fewls pretty good.
Think about it.
We have had a year to accumulate.. so surely we are not in a bad place.
Down before UP?
Up before down?
Up before Up?
How would yours truly truly know?
#askafiend?Protip: Trying to pee pare my lil selfie for any of the scenarios.. of course with a wee bit of an UPpity bias - as seems to always be the preference for those of "us" who are largely HODLing cornz.. rather than fucking around with other likely to be less sane strategies.
..
If the ban is not lifted, but you accumulate enough bitcoins, it will be possible to move to a bitcoin-friendly country like El Salvador for a while. Of course, it is unpleasant when it is your country that bans bitcoin, but, fortunately, there are more progressive states in the world.
It will depend on how much crypto I have and future of crypto in the country.
Oh gosh.....
Don't do that!!!!!!!!!!Moving does not seem to be practical advice. How to fix from within? How to subvert? Of course, no one is advocating breaking laws, and so we can sometimes have tensions between speech and action of individuals and what some other individuals might want you to do or not do... Are they really representing the interests and needs of the people? These are likely not easy decisions for any of us who might be in jurisdictions in which we do not always agree with what kinds of rules are in place that may well restrict certain important aspects of our lives, liberties, properties.... interactions and transactions of value.
We must respect and follow the law. To be rationale, the government (Pakistan) is somewhat true in imposing the ban. Since laws here are fragile and one can very easily do money laundering with crypto here. The Ban is fine for short term till the time government do his working to stop illegal use of crypto but it will do more harm to people and government if the ban is imposed for long term.
Of course, you have to figure out your own path in terms of the extent to which you believe that laws are just or even regarding how you might interpret the laws and your role in society as a citizen.. and surely governments should have mandates to be acting within the interests of citizens, but sometimes they are not exactly even-keeled in their own propagation of rules or their ways of talking about what they are doing (or trying to do) might not exactly match with their rhetoric.. in regards, to some governments (government officials) actually lie to their citizens, if you had not realized that way of the real world.
Looks like the financial markets arent happy about the latest jobs report. The strong hiring numbers have taken some wind out of the sails of investors as it is evidence that the fed may still have some room left to tighten monetary policy, which will strengthen the dollar and send equity values downward. Amazing how good news is bad news in this new post 9/11 economy.
There is no doubt in my mind we get at least 2 rate hikes of 0.25%
Before fed pivots.
For your info
Next hike is in around 3 weeks July 25-26 which falls on my late mom's 94th birthday
July 25-26 +0.25
Sept 19-20 +0.25
Oct/Nov 31-1 pivot move
Dec. 12-13 back the pivot up
We get that and BTC will whale in the fall.
And we would likely be dumb and/or short-sighted if we are trying to figure out our own BTC holdings, accumulation of BTC or preparing for UPpity merely based on what we think that the Fed may or may not do... since dee cornz is not exactly a correlated asset, if you had not noticed.
