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“The truth will be hidden in their face, so close they will not be able to focus on it until its too late. Oh yes, so grand the illusion of freedom will be, that they will never know they are our slaves.
When all is in place, the reality we will have created for them will own them. This reality will be their prison. They will live in self-delusion. When our goal is accomplished a new era of domination will begin. Their minds will be bound by their beliefs, the beliefs we have established from time immemorial. We will establish a money system that will imprison them forever, keeping them and their children in debt.”
Understanding their intent and that the Federal Reserve system is an integral part of maintaining such a system of debt, we have over the last few years attempted to help believers understand how Cryptocurrencies can assist one in reaching financial freedoms and earning interest when unavailable anywhere else. Our series Crypto’s for Ding-Dongs can assist individuals understand why one shouldn’t live beyond ones means or take on unnecessary debt.
That being said let me provide a quick update on the Cryptocurrency markets. As suggested previously I believe that Bitcoin is close (a few weeks) away from reversing trend and that its price will establish a higher low moving into the summer. While everybody is panicking and afraid to hold onto their crypto, smart money is accumulating. It has been a long time that we’ve seen these kinds of low prices on alternative coins.
Though there is still downward Bearish pressure on the markets, I believe that the RSI (relative strength index) and the Crypto Fear and Greed Index, are indicating that we have before us an unprecedented buying opportunity. I feel that once we resume a new bull market and set renewed all-time highs for Bitcoin, we may never revisit these prices again. I do believe without a doubt that Bitcoin will reach six figures within two years especially after the next halving.
https://www.youtube.com/watch?v=OVq-IRjnl9Q
Remember I am not a financial advisor and my commentary on the Cryptocurrency markets are for entertainment purposes only, I have allocated 50% of my stable coin positions into these four positions the last time that Bitcoin reached 28,300 just a few days ago. Those positions were in Solana at $40, Avalanche at $20, BNB at $296, and mainly Bitcoin ranging between 29,150 to 28,350. I am however, still holding these stable coin farming pairs on Pancakeswap and earning USDT-USDC 3.87% BUSD-USDT 261%, and BUSD-USDC 2.43% respectively.
I have also since taking the above positions in SOL and AVAX, paired up BNB with Solana for a yield of 13.76% and BNB-Avalanche for a yield of 29.17% which you can find at BiSwap.org https://biswap.org?ref=3c6ec4f1c175534cfd8c. One of the very cool things about this particular platform is that you are able to share your referral and earn freely when your friends join in to take advantage of these kinds of moves to farm yield.
And so just to reiterate, I believe we are near what will be a historical bottom for Bitcoin and that the bearish trend will reverse within a few weeks or month. I still believe there is downside pressure to the market as the charts just imprinted on both Bitcoin and Ethereum, a death cross which usually as indicator hints do their being further downward momentum for the short-term markets. That being said I do believe now is a very good time to start allocating funds to just the blue-chip crypto coins and that one should utilize a strategy of dollar cost averaging into a few coins which you trust will survive the crypto winter should that actually happen to take advantage of these lows. I am still holding a few slots open for personal consultations, should any of you be interested in my non-crypto financial advice done strictly for entertainment purposes.
Yahuah bless all of you in all that you do.
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