Interest rate hikes don’t affect the trend at all. The market today is different from what it used to be. I used to think rate hikes would cause prices to fall, but I got it wrong and lost a lot.
The U.S. is carrying too much debt. That alone makes an economic collapse impossible. I used to think that the U.S. national debt spiraling out of control would cause the economy to collapse, but in reality, it’s precisely because there’s so much debt that the economy can’t collapse.
So when it comes to crypto, if the U.S. doesn’t collapse, neither will the crypto market. A massive crash simply isn’t coming. We can’t keep looking at things through a bear-market mindset.
The U.S. is carrying too much debt. That alone makes an economic collapse impossible. I used to think that the U.S. national debt spiraling out of control would cause the economy to collapse, but in reality, it’s precisely because there’s so much debt that the economy can’t collapse.
So when it comes to crypto, if the U.S. doesn’t collapse, neither will the crypto market. A massive crash simply isn’t coming. We can’t keep looking at things through a bear-market mindset.