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- Big Drop In Crypto... What's Going On?
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
(7/3/2024)
๐ก 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.
๐ "Nobody thinks it's going to happen to them."
๐ 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.
๐ญ Calculate the rate of return on your investment to make an informed decision about home owner insurance.
๐ฐ Never drop your insurance on your property if you can't pay the insurance on your property.
(7/4/2024)
๐ 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.
๐ The longer the contraction, the stronger the breakout will be, the expansion.
๐ The W recovery shape is actually stronger than the V shape recovery.
๐ฐ 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.
๐ฐ The 2020 having resulted in an 8X increase, putting Bitcoin at around 500 Grand, according to the model.
๐ฌ Joe claims to have accurately called the low for Bitcoin in January 2023, indicating a track record of predicting Bitcoin prices with good accuracy.
๐ The market sentiment and FUD (fear, uncertainty, doubt) are still impacting Bitcoin's movement, but once past this, the price may start pushing higher.
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Keep Crushing It!
-Ninja Out