Comments by "John Walsh" (@johnwalsh4857) on "Why the Crypto Market Crashed" video.

  1. while Im a crypto enthusiast I avidly watch your channel, that is your opinion on crypto and I respect it.
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  2. and since its inception a decade ago , it never tanks and just gets stronger. nuff said.
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  3.  @reneblom2160  yah and the stocks crashed. why would you buy at the peak. taht is crazy. buy when it bottoms. same said for crypto.
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  4. I agree with you on most points however I dont think USD will fall anytime soon. I think it will be the dominant currency for a while, however what I think will decline will be gold. and silver. over time as crypto eats at its marketcap and expands. its hold on the financial system. Also Crypto is brutal dog eat dog, the strong survive the weak are destroyed. BTC will one day lose its dominance and will be replaced by other cryptos, not surpirsed if BTC gets a 2.0 upgrade to keep up with its encryption.
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  5. well this is normal Ive seen crypto crash like this since 2017. all I can say it crashes but crashes to all time bottom highs. Yah the last all time high for BTC was 19K USD in Nov 2017, crash to 3K USD in Dec 2018. Up to 69K USD in Nov 2021, now down to 18K USD in June 2022. It will still go down to 10K or below probably as low as 7K USD. Yep this is normal. when BTC and crypto get regulated, short term hurt. Long term boom. to 250K USD. probably in 2029. People have been saying crypto is going to zero. nope. they have all been wrong . Only way it goes to zero, nuke exchange. fries the entire internet and takes it down.
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  6. @Glen Spivey and BTC has a staking APY of 5 percent. at Binance flexible savings too. Apple dividends have a 0.65 percent APY
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  7. yah most people bought crypto at the peak , normal human reaction to FOMO. but the smart investor is buy and accumulate at the bear market bottoms, then stop buying when it goes into a bull run then sell at the all time high or peak. that has been my style, currently I am in a cash position, and a stable coin BUSD USDC position in crypto waiting for the bottom of the market and will start buying crypto when BTC hits 10K USD. that is my entry point and I stop buying crypto when BTC hits 35K USD which is half of the all time high. and then wait to sell ride the market. rinse and repeat. Same can be said for stocks dont buy at the bull run wait to sell. patiently. then out of the market then get back in when the stock market bottoms out in a bear market.
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  8. yah with quantum computing the old coins will get wrecked, new coins will rise, yah its dog eat dog brutal inthe crypto world the strong and adaptable survive and yes BTC ETH the top dogs now will get blasted but new ones will come up and adapt to quantum computing, the investor needs to be smart and go in and eat of the market dont stay too long cash out take your profits. Heck even stocks you can get wrecked. So yah regulation would be better for this market a lot better. Yes I believe BTC can go to zero with quantum, nukes etc. true true true, but new ones will take its place. Not surprised if BTC forks to a new kind of BTC that adapts to quantum hacking. Old becomes the new, BTC 2.0 and your old BTC coins just get upgraded to new ones.
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