Big Drop In Crypto... What's Going On?

XRP Takes A Hit, Bitcoin Dips And More...

The Daily Ninja 7/5/24

Updates From The Economic Ninja

(7/5/2024)

(7/3/2024)

  • ๐Ÿก The decision to purchase single family homes between cash or financing with insurance rates being excessive is a common concern for investors in the current real estate market.

  • ๐Ÿ  "Nobody thinks it's going to happen to them."

  • ๐Ÿ  The difference between paying cash for a property and using a bank's money to buy a home can have a significant impact on insurance costs.

  • ๐Ÿ’ญ Calculate the rate of return on your investment to make an informed decision about home owner insurance.

  • ๐Ÿ’ฐ Never drop your insurance on your property if you can't pay the insurance on your property.

(7/4/2024)

  • ๐Ÿ“‰ 90% of emotionally driven retail crowd panic selling into dips, while institutional investors and high alpha retail investors with hard data are taking advantage of the perfect storm in the crypto market.

  • ๐Ÿ“ˆ The longer the contraction, the stronger the breakout will be, the expansion.

  • ๐Ÿ“ˆ The W recovery shape is actually stronger than the V shape recovery.

  • ๐Ÿ’ฐ The first price prediction model suggests that Bitcoin could reach $100,000 in the next 16 to 18 months, with a potential for an explosive move to the upside.

  • ๐Ÿ’ฐ The 2020 having resulted in an 8X increase, putting Bitcoin at around 500 Grand, according to the model.

  • ๐Ÿ’ฌ Joe claims to have accurately called the low for Bitcoin in January 2023, indicating a track record of predicting Bitcoin prices with good accuracy.

  • ๐Ÿ“‰ The market sentiment and FUD (fear, uncertainty, doubt) are still impacting Bitcoin's movement, but once past this, the price may start pushing higher.

  • If you want to stay on top of the Crypto Markets check out: Crypto Trader Pro Here

Keep Crushing It!

-Ninja Out

If You Want Help Getting Out Of Debt, Refinancing & Buying A Houseโ€ฆ Check Out The Courses Belowโ€ฆ

Follow Me On My Other Channels

@economyninja

@economic_ninja