YOUR Crypto's In DANGER Today!
Crypto Banter
Market Analysis and Investment Strategy
The recent economic data has led to a market downturn, with Bitcoin falling to $94,432. However, the speaker is not worried and plans to start buying.
Reasons for Not Being Worried
- Predictable Market Dip: The market dip was predictable, and the speaker had previously mentioned that the beginning of the month tends to see a downturn.
- Strong Economy: The economic data indicates a strong economy, which is a positive sign.
- Fed's Interest Rate Decision: The speaker believes that the Fed's decision on interest rates will not have a significant impact on the market.
Investment Strategy
- Buying Opportunities: The speaker is looking for buying opportunities, particularly in tokens that have taken a big hit.
- Stable Coin Thesis: The speaker has a stable coin thesis and is looking to buy tokens like Curve and Convex.
- Rune Token: The speaker has bought $20,000 worth of Rune token, which is 2% of their portfolio.
Other Investments
- Gryft Token: The speaker is looking at the Gryft token, which is a cross-chain agent with a $60 million fully diluted market cap.
- Casper AI: The speaker mentions Casper AI as a speculative investment opportunity.
Upcoming Announcements
- Baked Announcement: The speaker mentions a massive announcement on Baked, which will be revealed on the Baked Twitter page.