- This topic has 2 replies, 2 voices, and was last updated 1 month, 3 weeks ago by coin_rider.
- Wednesday, July 27th, 2022 at 07:42 #345439Bpool91Participant
First of UK based here, so I don’t know the full ins and outs of US economic situation and politics.
I’ve seen quite abit of talk/comments etc regarding something tomorrow where the US government is going to announce something, Q2 rates, basically indicating if it’s a recession or not. I’ve also seen that they’ve apparently changed the terminology of what a recession is in.
1st question – What are they exactly announcing Tomorrow?
2nd question – With regards to the announcement what are your predictions on what will happen to the price of Cryptocurrency?
I think alot of people hold the sentiment that we are at some point soon heading into a recession. I sincerely hope if we do you are all able to keep financially stable even if it means a few cut backs.
3rd question – Do you have a plan in place for a recession with regards to crypto, are you going to continue to DCA, take a break or just cross that bridge when you come to it?
Thanks in advance for any repliesWednesday, July 27th, 2022 at 07:42 #345440getoffthepitch96576
The usual as all last year. Buy high and sell lowFriday, July 29th, 2022 at 07:26 #345504coin_riderParticipant
if interate rates hike- BTC FALLS
If interesrt rates fall- BTC hike
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