I really do hope you're all doing well cause what a turmoil we have got going. DOW , S&P 500 are going down. China going down with Hong Kong. Europe and India following too. The whole world is in collapse because of just single entity called Evergrande.
Boi oh boi i made bold prediction of Black Swan event and it came true. But did it???
Gotta reveal the secret guys coz i am not going to hide anything from you.
--------------- A Bold prediction ---------------------------
USA could defaults its debt in October. There i said it. USA cannot print more money.
But what does it mean? It means DXY is going to go up because FED printer cannot cause more inflation and hence this bull run in S&P 500 has to come down. Inflation cannot last any longer and we are going to deflation.
So should we be shorting? No, because its my prediction and not yours. I dont want you to lose money because the best time was to short in 48k
So what should we do? 1. Observe DXY and DOW chart closely. Check the VIK chart too for volatility 2. Take BTC chart and buy ETH when BTC is at 42.5k , 40k ,36.5k, 38k 3. Remember no leverage just spot.
But i wanna leverage? No absolute not. Leverage only after October 5 or when BTC is at 36k.