The stock and crypto markets are expected to be volatile in the next few days due to big events happening, but there is uncertainty about whether they will go up or down. There are several factors at play, including cpi, big bank earnings, and tech earnings. Crypto has been in a sideways trend, but some holders are buying, and some investors believe that the worst of the liquidations is over. FTX is holding a few billion dollars to prop up failing ventures, which is a positive sign. It is a good time to be a long-term investor and focus on dollar-cost averaging.
The Impending Volatility in the Stock and Crypto Market
How’s it going everyone? It’s Sam. Today, I want to talk to you about why the next couple of days will be so crazy for both the stock and crypto market.
The Upcoming Volatility
I want to talk to you about why you should kiss your investments goodbye. Now, I’m not saying that they’re necessarily going to go down. However, you have really no way of knowing what they’re going to do right now.
A lot of people will be making bets. I would not be surprised if we saw a lot of volatility throughout the entire week even before the big events happen. People are going to be positioning themselves differently with the information that they get leading up until Wednesday and Thursday and maybe even Friday.
Don’t just read the title and automatically comment something below saying that I’m crazy or that I’m spreading FUD because I’m not necessarily saying that the market’s going to go down. But I think it will be very volatile. So, you can just kind of put your investments out there, do the best that you can, and then you just have to wait.
Now that I have talked enough about the upcoming volatility, let me talk to you about some of the top news and tell you about my wedding which is just a few days ago.
I’m not going to spend too much time on that, but I want to say thank you to everyone that’s posted such nice messages in my last video.
If you want to see one picture, I’ll only show one. There is a link down there to Blockfy.
The crazy thing about this market right now is we have CPI here in just a few days on Wednesday. We have a lot of big bank earnings this week. It’s going to be a big week.
Crypto and stocks are very tied these days. People are still buying, and some sharks are accumulating. Lynn Alden, a famous investor, says the worst of the liquidations is likely over.
There are a lot of moving parts to this market right now, and nobody can really predict what will happen, but this week will be interesting to watch.