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Why the Bitcoin Crowd Misjudges the Impact of the Coming Recession

#bitcoin #crypto #cryptocurrencies Consider dropping a like if you enjoyed the video! 👍 Sign up for the DashReport 💹➡️ 00:00 - Intro 00:50 - Bitcoin Price Analysis 01:49 - The Biggest Event In September Happens Today... 02:20 - Ethereum & Altcoins Continue To Weaken 03:40 - Apple & The VIX Sends Major Warning Signal 05:00 - Many Have Ignored The Reality... 08:18 - Don't Bet On QE5 Coming Soon 09:58 - Unemployment Is On The Rise 14:21- Yield Curve Is Continuing It's Rise 16:53 - What Many Don't Realize About The CPI 19:20 - Closing Remarks Want to support the channel: Sign up for the DashReport 💹➡️ Use Code: DATADASH20% to get 20% off from our partner BookMap 📊🔽 Use Code: DD30 to get a 30% off from our partner LuxAlgo ⚡🔽 ---------------------------------------------------------------------------------------------------------- If you want me to be able to contact you in case of further issues, here's our email list: What are your thoughts on what we discussed? Feel free to leave a comment below! Thank you all so much for watching the video. If you enjoyed the video, please consider dropping a like, subscribing, and ringing the bell icon. ---------------------------------------------------------------------------------------------------------- 👥 For advertising, consulting, speaking, or other business inquiries reach out to us at: Alternatively, feel free to reach us at: contactdatadash@gmail.com ---------------------------------------------------------------------------------------------------------- WARNING: *I WILL NEVER PURSUE PROJECTS THROUGH TELEGRAM OR OTHER SOCIAL MEDIA OUTLETS. CONTACT MY EMAIL LISTED BELOW FIRST AND THEN VERIFY MY IDENTITY THROUGH A VIDEO CALL BEFORE MOVING FORWARD WITH SPONSORSHIPS. THERE ARE MANY SCAMMERS IN CRYPTO. EMAIL SPOOFING IS RAMPANT, SO VERIFY MY IDENTITY THROUGH VIDEO* *BEWARE OF SCAM COMMENTS REQUESTING YOU TO SEND FUNDS. THESE ARE IMPERSONATORS, AS WE WILL NEVER REQUEST YOU TO SEND PAYMENTS* Disclaimer: DataDash ("Company") and The Dash Report are not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers or viewers should buy or sell for themselves. All information is for discussion and educational purposes only. The independent contractors, employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and cryptocurrencies. The Company assumes no responsibility or liability for your trading results. Factual statements on the Companies outlets are made as of the date stated and are subject to change without notice. It should not be assumed that the methods, techniques or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by the Company are not indicative of future returns by that trader or system and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of the Company's products (collectively, the "information") are provided for informational and educational purposes only and should not be construed as investment advice....(read more)
BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing
Why The Crowd Is Wrong About Bitcoin & The Coming Recession Bitcoin, the world's first and largest cryptocurrency, has been the topic of much debate and criticism since its inception. Detractors often argue that Bitcoin is a bubble waiting to burst, while skeptics claim it is only a tool for criminals and money launderers. However, as we approach what some experts predict to be a global recession, it is time to shed some light on why the crowd may be wrong about Bitcoin’s potential role in the upcoming economic downturn. First and foremost, it's important to understand the unique characteristics that make Bitcoin different from traditional forms of currency. Bitcoin is decentralized, meaning it operates without the need for a central authority, such as a government or financial institution. This decentralized nature ensures that Bitcoin is not affected by the same economic and political factors that impact traditional currencies. As a result, it has the potential to thrive in recessionary environments where central authorities may struggle to maintain stability. Another reason why Bitcoin may benefit from an economic downturn is its limited supply. Unlike fiat currencies that can be endlessly printed, there will only ever be 21 million Bitcoins in existence. This scarcity effectively protects Bitcoin from inflation, a common problem during recessions when governments tend to print money to stimulate economic growth. As people lose faith in traditional currencies, they may turn to Bitcoin as a store of value and a hedge against the devaluation of their assets. Additionally, Bitcoin's utility extends beyond a mere medium of exchange. Its underlying technology, blockchain, offers significant potential for improving efficiency and reducing transaction costs across various industries. During a recession, businesses are more likely to seek cost-saving measures, and blockchain adoption could become increasingly appealing. This increased adoption would further solidify Bitcoin's position as a viable alternative to traditional financial systems. However, it is important to acknowledge that Bitcoin is not entirely immune to recessions and market volatility. Its price can also be subject to fluctuations, driven by speculation and market sentiment. Nevertheless, the underlying value and potential of Bitcoin remain intact despite short-term price movements. By focusing on the long-term benefits and fundamentals of the cryptocurrency, investors can see beyond the noise generated by the crowd and make informed decisions based on its unique qualities. In conclusion, the crowd may be wrong about Bitcoin's potential during the coming recession. As global economic uncertainties and currency devaluation loom, Bitcoin's decentralized nature, limited supply, and utility in cost-saving blockchain solutions make it an attractive option for individuals and businesses seeking refuge from traditional financial systems. While Bitcoin is not without its risks, its potential to thrive in a recessionary environment cannot be denied. As the world braces for the oncoming storm, it might be time to rethink the crowd's negative stance on Bitcoin. https://inflationprotection.org/why-the-bitcoin-crowd-misjudges-the-impact-of-the-coming-recession/?feed_id=138608&_unique_id=650d8aac2e13c #Inflation #Retirement #GoldIRA #Wealth #Investing #Bitcoin #crypto #Cryptocurrency #investing #RecessionNews #Bitcoin #crypto #Cryptocurrency #investing
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