Thought on crypto

in #crypto3 years ago (edited)

**Thoughts on the price of cryptos.
The continuous expansion of the balance sheets by the fed and what's the reality which is the rapidly expanding number of Covid cases at least here where I am. To me, it means that we will inevitably face one again the conversation around lockdown stimulus checks unemployment and essentially injecting more and more money into the economy to keep it going because otherwise the wheels would truly fall off and that's not going to be politically popular. Thus, in the world where what is politically popular is all that seems to be happening, what we see is that the likelihood of huge cash injections that make their way into the asset classes like bitcoin and alt coins to me seems extremely likely and to have a parabolic growth based on a more than 50 percent likelihood. Those are odds that I love and that's why I'm gonna play this one hard.

FYI)

make one's way to

: to go to a particular destination

: You are going from here slowly into another place. feeling like a tour

ex)

We slowly made our way back to the hotel after eating and shopping all day.

Make your way to the front exit and I'll be waiting for you.