- Title: WHAT HAPPENED TO BITCOIN AFTER THE FED ANNOUNCEMENT?
- Author: CryptosRUs
- ID: K1ph2_4vxRE
- Duration: 00:37:24
- Rating: None
- Views: 108559
- Thumbnail: http://i.ytimg.com/vi/K1ph2_4vxRE/default.jpg
comments
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FED: “We have an announcement important to say”
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Announcement: “Everything it will be exactly as it was, it was just to appear on TV and confuse the market and justify our salaries”
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I love how George literally gave the people 3 options yesterday on what to do in this market yet people say his advise is going to ruin people. Do what’s best for you with your money, all he did was give the options on what to do.
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Don’t be scared. Just live your life. Crypto will. Go up again just like already has twice in 2021. It isn’t a daily trade.
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Thanks for the 3 streams man, it feels like you really give back to the crypto community and, while I appreciate the news, I GREATLY appreciate the context
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Appreciate your incredible effort George, always delivering quality information
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I love when we talk not only crypto. It’s nice to hear about stock market as well :) THANKS.
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Fiscal Policy is primarily government spending, which FED probaply ment in this case. It is true that Taxes is a part of it, but they are regulating their own spending. i.e slowing down investments. Thus less money in the market and less inflation. This is High-School economics
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They will tax crypto of coarse. I mean if that’s where the money is going to.
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More great info. There’s nothing as informative as this anywhere else in the crypto or mainstream media. Keep crushing it!
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Strange day indeed, started well for no particular reason, ended badly on no real news. Confuse us all.
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I used to think you were stupid being endlessly bullish but I have realized you were right the whole time. Nobody can time the market. HODL and dollar cost averaging makes people rich. Thanks!
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Great info. Increasingly it seems like fiat monetary policy is having a direct effect on the cryptos.
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never panic sale, never, never, never do that
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50% of the market had a rate hike in March baked in, the other half didn’t. One way or another the market was going to move with any additional clarity on how fast the rises will occur.
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Stock Market Selloff Continues crashing in the overnight markets.
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He did actually mention that he was content with how the markets had reacted to his announcements basically backing the dump
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This is my favorite crypto channel.
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Btc is at over sold level on the rsi. You don’t wanna sell here…you don’t!
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We’re not the ones spending too much, so why should we be taxed more? My spending habits haven’t changed one bit; if anything, I’ve put more money away. I am spending more, but only due to supply issues that the government has caused. We have certain states intentionally causing issues at the Port.
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DCA should be changed to DCA-BTC or DCA-Top10 … The DCA rules don’t apply to the risker tokens/cryptos (as asked by many in the live chat)
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Supply chain issues were around 6 months ago and GM and Ford laid off so many people while they waited for parts… yet they launched after their last ER.
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George, it’s because they said they will do nothing to help the economy. Most people are scared that the whole economy is screwed and Jerome said he’s cool with doing next to nothing to fix it.
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You are looking at Dca at the launch of most of these coins or at a parabolic early stage of the crypto rallies. These returns would not be as favorable if you started after the rally.
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Income tax cannot reduce inflation. The higher the taxes go, the higher the prices of things will go. Because every business is going to raise their prices to cover the cost of these tax increases. If they don’t they will not become profitable. If they are not profitable they will not be in business. If they are not in business, the job losses will begin to skyrocket. When the job losses skyrocket people will no longer be able to buy what they want and maybe not even what they need. When they quit buying, The businesses that remain will quit ordering. That will create a supply crunch and people won’t even be able to find the products that they need or want. If the need or want is high enough, the businesses that remain will again raise prices according to the law of supply and demand. It will be a vicious cycle. It will not bring about a great recession. It will bring about a great depression.
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Bro I love your videos man you literally talk about everything I’m wondering about the market
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Everything is fine, Ithink it just goes for the double bottom and getting rid of the last trace of liquidity.
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Wish i would have been able to get in these alts from the beginning. Don’t trust or knew how to get into other purchases other than Coinbase… and by that time most have already ran. Coinbase is good for that on most alts. Lol
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I entered crypto November 2021. Been DCA’ing since. I’m deeply red.
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Honestly, I’msure Altbase will 100x this year . No one can predict this but if the project is good, sooner or later they will shoot up more than what you can imagine. Look at what the project can do and the 100x returns will simply follow.
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You the man, George!
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Also, when are you going to do your DCA account again? I think everyone enjoyed that segment and looked forward to it every week? Thanks
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What happened was that fake flash wick to 38k the other day. When they spiked it and came down, they had to tap that region one more time. They did and came down. Now lets just wait.
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Powell doesn’t have the authority to increase taxes.
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Great content as always. Patience is the key Will continue to DCA.
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Thanks George, your commitments!
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Thanks especially today and tonight really was looking for someone I trust to listen and think what to do
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Dude. It’s the new bill containing suggestions to give the treasury secretary power to ban crypto transactions. This FED thing is irrelevant
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Don’t cherry pick DCA Altcoins over a 1 year time period. That’s wrong on many levels
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Great commentary! Good job. Great time to DCA.
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75 to 100 basis points increase for interest rates this year. Trillions of dollars in asset liabilities need to roll off their balance sheet. That’s why the markets will be stagnant at best over the next 6 months.
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I guess it can contribute to a higher price, so it will cost more usdt in the end
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With fundamentals piling up, the whole space will eventually explode!
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Smelling manipulation like always… normal…
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Buying the deep sounds like a better idea. Although I started in crypto buying the top. I entered at 58k
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Fiscal policy is spending by the government to increase economic activity, or to slow down spending to slow down the economy. It’s the older way of government controlling an economy which has since been replaced by monetary policy, ie. Manipulating via interest rates or tapering.
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Has Powell not go outside his box there is a shortage of labor in retail and restaurants job market definitely not healthy
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Can somebody explain how we plan to remove the power structure of the world using a digital currency with limited supply. Don’t get me wrong, I know it will seem as if this is viable. Which top ten large cap companies have gotten onboard.
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Simple rules, rate hikes, and easing of the balance sheet are bearish for Growth, and Specs. BTC is a spec. Most investors run to value during rate hikes. The Fed has to cool off the economy which is causing a lot inflation. It’s that simple. We may get some upside later this year, but all time highs? Don’t count on it. Right now we got no buyers, and no interest and Bears can dump it as low as they want. Powell came after growth today and specs, that’s what he did, not the whole market, just us. Fed is picking winners. Be nice to see a short squeeze at some point but Bears are in full control and it’s only getting worse. We may go below 20k, 10k, as far as they want to drop it. They could go after the miners and force them to sell.
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This market is eradiflation. Dca and holding seeing negative assets. Started May 21. Bad timing.
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George used to smile at the beginning of each video.
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Economy so strong yet afraid to raise rates even 1/4 point for fear risk assets and entire market completely fall off cliff. Touts jobless rate yet after 9 mos unemployed become employed simply bc they stopped looking for work. Touts wage growth now talking raising taxes which eliminates that. House of cards
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Many thanks for your help G . Much appreciated .
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You’re going to get new high but not before years of more crushing bear market dips IMO…
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They are slowing the purchases up until March which is when they stop buying… So they will be adding 30 billion total in February still, down significantly from the 120 billion per month at the height of the pandemic
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Check Lamden Tau. It’s an L1 that hasn’t mooned yet. Not to mention that unlike ADA it already has a bunch of DApps built on it.
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XRP still hasn’t called me back….. and now I have a rash
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I love DCA but what’s the best way to avoid the buy fees?
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I bought tens of thousands $ worth of crypto last night! do I care? No way! this is the time to scale in, I’ll keep buying BTC, ETH, DOGE and SHIB all the way down baby!
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The more it goes down the more excited I get because I’m setting myself up for millions.
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This is the mindset needed in times like these, you only get this mindset from being too conservative in the past and missing these opportunities. The regret of not acting is far worse than trying and failing. It feels counter intuitive but I have to push through.
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Might be a bearish year eventually
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Nows a good time to dca and bring your strike price down. Diamond hands guys
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Please never stop streaming
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Fiscal policy not only relates to taxes. It also elates to spending. As long as the elected politicians spend more money (usually a LOT more money) than revenue received through taxation, the deficit will have to be be funded by the Fed and the money supply will inflate. The CPI is a made up index that may or may not approximate the real rate of inflation. The “real” rate of inflation is the amount by which the money supply expands above and beyond any growth in the GDP.
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I’d watch the channel more if your videos weren’t so long
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I dont do dollar cost average, i do dollar cost leverage
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I think that the cause of what happened is not the Fed talk. I’m of the opinion that there is a common cause to the Fed talk and to price action. W.D. Gann talks about the law of vibration, where price squares time. This was a long time coming and the timing can be inferred from past price action. There are people who have been studying this for decades, some for their entire career. I see that sometimes astrology is failing because it’s only taking long cycles into account, but there are smaller time frame vibrations at play… anyway, that’s just me.
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i have been dca’ing on btc eth matic and now fta cro also and i am very up took some good profits dont care if the price is up or down…although i prefer it if the price is down as i am accumulating
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I could get used to 3 livestreams a day
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i’m sure it would be boring for you george, but PLEASE do a video for total ameteurs! explain coin vs. token, what’s an exchange? a wallet? a block chain? a project? a nft? etc. As i learn bit by bit, i get confused and make mistakes. newbies are the future of crypto!
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I Honestly don’t Expect a rally for @Least 9-11 Months .. Possibly 13
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The reason there were no specifics is because the Fed has no way “out”. No matter what they do, it will be a disaster. The debt market is the biggest bubble of all. If they were truly as concerned about inflation as they say, the rate increase would have come TODAY (or earlier). The market wanted a decisive action, but the Fed revealed they can’t really do anything, so the market is going to react to yet another kick of the can down the road.
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He just talked and voiced his opinion.
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Thanks Father Georges, your flock loves you
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Watching the echo chamber about Jeanna start and propagate, ive decided you all deserve crypto winter… for life.
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I ain’t upset, just parking my money in NFTs so I don’t have to sit there n watch my account fluctuate lol. About to go all in on Bangsta Bears babyyyy!
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Park your UST at Anchor and other safe Defi :)
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nice video man, keep up the good work!
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MBS is normal if you are about to increase rates. Fiscal policy is The next coming bill to the senate with carte blanche to Janet Yellen
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Bear is hawk. Bad and scary. Bull is dove. Strong and full of hope
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If inflation is the real key issue based on supply chain, and rate hike is the only key method to tackle this problem throughout this year. China will be even happier to keep door close with excuses of the pandamic and slow down supply chain, and the reason is to pull down US market.
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Thanks for the stream G
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BRING GINA BACK
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Your all going to get rekt following George’s advice. Be careful folk
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We just going to start trusting the news again now lol? No thanks
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Isn’t this inflation supply driven, and not demand driven? If Powell raises rates, isn’t he compounding the problem?
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Please someone should help here…I lost $30,000 on live trade, I thought I’ve trade is the same as demo trade, because I was winning with a demo account, please this is quite frustrating, what should I do?
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From what I heard, Jerome Powell was Bearish, and emphasized many times that the Economy is Strong, hinting that higher rates could be used starting in March.
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George - doveish is bullish, hawkish is bearish.
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I just love watching this channel for good laughs, this dude is all hopium and opinions no real TA. good comedy channel tho lol
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nothing happened. we’re still in crypto winter bear market and it’s still going down to sub-20k for the next couple of years.
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I got short at 38K on BTC I’ll buy back at 29K or at 38K if the trade goes wrong, for the rest just BS!
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If u ask me we knew everything he said bear just pulling a robbery. Hold if u ask me.
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Thanks for your Effort
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Gonna sell the house, and buy more crypto!
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It’s all about the liquidity mate… nothing to do with the news. The market is always manipulated..
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Ada dropping like a bag of shite
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Surly you mean BTC was a hedge against inflation. Will it be in the future? I certainly hope so
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“DCA with leverage”, how the fuck do you DCA with leverage? they still dont understand what DCA is its simply fixed amount of money periodically, it will statistically averaged into the lowest number (cost)
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Just got a swing shift at the Mickie Ds, wish me luck!
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Sneaky politicians trying to control crypto. I guess he got rug pulled. ha ha.
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Park it in usdc for 9% and wait for max pain
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I watch your show regularly but you dont understand gold at all. Just comparing the prices of two very different assets classes.
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Gold is God’s money and cryptos are peoples’s money
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WE NEED TO THE UNIVERSAL HUMAN SUIT!!!!!!!
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Rates increase then run off then clearing balance sheet
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What happened? Is a question people in crypto are asking weekly
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We Are Going Down, We Are All Going Down
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Reporters just want doom and gloom
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What was the site for DCA calculator?
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Buy the dip! Btc, microstrategy, tesla!
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Thanks a lot Dud!!
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22:52 just not today, which is DCA day.
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George thanks for all the info
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Bro just accept that we are in a bear market. It is over for at least a year or so…
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Nice video
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What DCA Calculator George is using? URL please
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Fed meeting , good or bad news?
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Nice stream George
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you are the best george
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Lol spoofing the market must be better than increasing the rates. Maybe rate hikes won’t work to chill the market this time. Could things be broken
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waste to watch. mixing stock sentiment with crypto pathetic , no knowledge , doing anything just to make videos
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U can’t taper a ponzi. They double speak . Up is down . Down is up.
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They can’t raise rates until they stop the $100 billion a month in fresh money printing and the Govt needs that to run. Can you see their dilemma???
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George is that dude.
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If you watch meet Kevin channel and come here. You basically hear a repeat of same words. :D
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George’s lit af
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Can weDCA every time WE STRAP IT ON
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Where’s s
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Supply Side Economics when you need it..
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The g’ment wants its piece (from us)
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No ada really
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Let it Rip ,let it rip
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Another shakedown
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Stick with the game plan
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Thanks George
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George- help us George lol!
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You are only person that I listening lately
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He said nothing exactly. How can anyone believe him read between the lines George.
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Why , Why, Why ? Welcome ,Welcome , Welcome ??? and it’s ALL GONE!!!
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Ignore geo-political stuff, at your peril.
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Voyager pays 12% on DOT
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It’s the whale screwing around with the Panic sellers
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Just keep buying, keep dreaming and keep playing like orchestra on Titanic
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We are fucked back to 20k
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Too many longs?
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i am scared for crypto right now :s
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Climbed down
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So no one knows what the heck were doing besides dca
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teslas pe is 395
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Thnx good info George dca hodl !
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FedGate…Fed Fudge…
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I blame GINA
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Short $btc long $rope
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Dude- Putin did say that today.. check the news
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Where’s my Spark
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BULL TRAP
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Manipulation!!!!!
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People are fickle.
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You’re funny and cool bro
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What hedge?
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Moderator put people in time out for mentioning cosmos.
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Bearish is hawkish
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web4 coming
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Sell sell sell
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we are fucked
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George anchor protocol is safe or not
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Tectonic
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Tectonic
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Manipulation again… Just hodl
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Gina Inu
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HODL hahahahahahahahahahaha
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My voyager rewards are better then the market rewards.
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im fucked were all fucked
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DON’T FIGHT THE FED !!!!!
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BTC back to 30K soon.
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The magic number is 29K
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It is always fuking badddd newssssss jesussssss
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THIS GUY HAS A STRESS PIMPLE!! LOL.
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Since last November you are saying the same thing and denying reality George. At some point, you will have to realize you are wrong.
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He is not give back he is making money while u r losing evey time u click on these videos these genius make money
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Just for us Georges. No we are not in a bear market. Continue to dollar cost average in good projects not junk. This sharp dip is actually good yes good. We could have went sideways for months on months without it. This interest crap just sped up an inevitable dip and that is bullish.This dip is good! This dip is good! This dip is bullish!
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george, you have to stop calling shots. they aren’t working. just saying…
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Algorand
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Let it drop. Looking for a bargain.
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LOL Powell gonna get fired by summer and money printer will start again. NOVEMBER IS COMING.
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when gina
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not sure how unemployment can be so low yet all these businesses (and there’s even less of them now due to foreclosure and going under), has help wanted signs! So either there’s sooo many people who have run out of the unemployment OR State and Federal Gov’ts are not keeping tabs on who is still collecting these covid checks. I don’t even know if these things are still being handed out there. I’d imagine that’d be a state by state decision.
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Why hodl when you can sell now and buy it during winter at a real discount….Or you can just watch it go down and wait for the next bull run your choice
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Any news on XRP?
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0:30 wait a second ‘bearish’ and ‘dovish’ are not the same thing.. ‘hawkish’ is like ‘bullish’?? wtf? if anything ‘Dovish’ is good for ‘bullish’ and ‘hawkish’ is going to wake up the ‘bears’ can someone clarify this or did George get this ALL wrong
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We’re all sick of your hopium!
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1st one
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Winter is coming.
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It’s over for crypto, get out now.