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My Portfolio Has Gone From -48.6% All-Time to -43.3%. It’s Official, The Bull Run Is Back On

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by COINS NEWS 174 Views

If you’ve paid attention to the market lately, you’ll notice that in the last day it’s up over 4%!! The is huge as it signifies market sentiment has completely changed. The S&P was up only 2.22% today on news of the fed hike, and since 4 is bigger than 2, I feel confident in saying we have officially decoupled from the stock market.

I know what you’re thinking- “4% in a day isn’t that big of a change.” And yes, I agree with you, but let’s imagine the market grows 4% everyday for the next year. Because crypto is a 24/7 market, we get 2 days over the stock market. 4% of compounding interest over 365 means $100 investment today could turn into $164,880,329 a year from today. Now that’s wife-changing money!

Why do I think this? Well, the fed stated will continue to increase rates over the next year. From that, I can deduce the market will increase at the same rate over the next year.

I can’t believe yesterday my wife was telling I was an idiot for losing half of our child’s college money on “magic internet money.” After I tell her that I’ve only lost 40% of the money, she’ll really be eating crow.

If you’re like me, you’ll know the bull run is back on. Take out a second mortgage on your home. Get as many personal loans as you can. Max out your credit cards on crypto. Your future self will thank you.

Do not do any research. This is financial advice.

submitted by /u/002timmy
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