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The next FOMC meeting is July 24th-25th, if they continue to hike, prepare for some dips

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by COINS NEWS 100 Views

I don't like to smash this sub's dreams of a bullrun, but global economy (which crypto also follows like any other market) still doesn't look great.

Last time the FED paused for the first time after their relentless interest hikes. In their last FOMC meeting, FED chair Jerome Powell said that they will keep raising interest.

We will be seeing some dips in these times around. Either you're a bull or a bear, it looks like DCAing after the FOMC meeting is better than FOMOing now.

Trying to break this inverse-this-sub-rule with my rather bearish post to keep the crypto charts crabbing a bit longer, so I have enough time to DCA. So many bullish posts lately, we need to keep it balanced with same amount of bearish (and more realistic) posts.

Disclaimer: this is not financial advice, just my 2 cents and my hopes in keeping this sub's sentiment balanced between too bullish Versus too bearish.

submitted by /u/Tbrainee
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