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re: Why is Bitcoin soaring?

Posted on 3/1/24 at 5:51 am to
Posted by montana
Bozeman, MT
Member since Dec 2008
1412 posts
Posted on 3/1/24 at 5:51 am to
FOMO at it best. That’s a huge driver of crypto. We invested with large crypto companies at it peak in 2021. They warned us that it will crash, and have a run during the next election cycle. The predictions were true. It’s been a rough ride, but we told ourselves it would be a 10 year investment.
This post was edited on 3/2/24 at 7:59 am
Posted by slackster
Houston
Member since Mar 2009
85387 posts
Posted on 3/1/24 at 6:31 am to
quote:

We invested with large crypto companies at it peak in 2021.


Like who, if you don’t mind me asking?
Posted by SlidellCajun
Slidell la
Member since May 2019
10564 posts
Posted on 3/1/24 at 2:11 pm to
quote:

They warned us that it will crash, and have a run during the next election cycle.



That’s interesting. What would be the rationale for a run during an election cycle?
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