(Read This). MMRI... HIGH RISK.
From Greg M
Lions.. The MMRI is a shade under HIGH RISK. What does this mean?
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If you are an investor with a lower risk tolerance, you may want to allocate less cash into risk assets/equities, and more into risk off. Or get out of risk assets altogether.
If you are an investor with a high/higher risk tolerance, you could just sit tight, or look for opportunities to own more of your current stocks at a better price.
Either way, you should be holding a combination of risk on, and risk off assets.
GM
The question is. Greg, what are you doing? Is crypto considered a risk asset? I’ve only heard you say it’s risk off,which makes sense based on the debt. Do you still feel this way?
I'm PRAYING that crypto goes down 👎 99.997% from its current prices. 🙏 I got one more stash of dry powder left that I'm holding to GO ALL IN once it hits bottom 😃
Some gurus are saying they expect Bitcoin to hit $20k. I'm a Bear 🐻 so yes, I'd be happier-n-hell if Bitcoin DROPPED down to 20k. YES YES! Eeeeeeeheheheheheeeeee! 😃👍💪🤩🐻📉
What I'm feeling is that the MM's STILL aren't happy with their crypto holdings. HODLER's are still holding too many coins and the MM's want to shake them out of those coins.
Buy coins that are locked and won't be minting anymore. Yes, I definitely think Bitcoin $20k is a possibility, but I'll be doing a Hawkeyes stare at $30k in case it bottoms out at that price point.
Down, down, down she goes, where she stops nobody knows. Heheheheheeeee! 😆😂😆👇📉📉📉👎👎👎
Eeeeeeeeeeheheheheheeeeee 👍🤩🤩😹🤣😃😂😆😁😆😄🤩😍🥳🤗🥳🤣🤣