Time to shake out all the weak hands! Yeah, that's the way ya do it!!

Wake Up Everyone!

Time to shake out all the weak hands!

All these youngsters (Carter Thomas who seems like a good guy) are worried about the S&P 500 (ticker SPY) being in a bubble, which I disagree with. Back in 2013 I called for the SPY to hit 2,500 to 3,500 over the next five years. Compared to crypto that was downright boring.

I nibbled at 8.3K on bitcoin. Will be laddering down with increasing amounts. Don't know if things go up or down from here, but if it goes down, I'll increase my position over time.

I could be wrong and the whole thing goes to zero right away, but then it will be the lamest bubble ever.

All the best,
The Cryptomancer

P.S. Check out the Cryptovestor (no relation) on Steemit. He has generally good ideas although everyone needs to take personal responsibility for any financial decision that they make. After all, the old school cats like Ronnie Moas seem to be buying on this dip.