🌟🌟🌟Jerome Powell's comments that the Feds have no place for Bitcoin, sent Bitcoin's price tumbling to below USD 100,000! He also said that there will be fewer interest rate cuts next year. That remark also sparked a huge market sell off not only in the US but in other markets as well.
However I believe that the markets will recover as Donald Trump is a pro crypto President. He has also appointed pro crypto officials like the new SEC Chairman who may relax rules for the markets.
In investing, Volatility is the price we pay for long term gains. So I will take this golden opportunity to bargain hunt quality stocks to buy and hold long term.
Bitcoin is here to stay. It is important to take a long term view and believe it will continue its growth trajectory.
As Warren Buffett likes to say When there is Fear in the markets it is time to be greedy.
@Tiger_comments @TigerStars @CaptainTiger
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