BTC - What happens when the FED announces unlimited QE...
Initially, we had massive QE, well now we have QE Infinity!
And guess what that means for bitcoin...
You guessed it!
Mooning prices:
(Source: https://twitter.com/CryptoBull/status/1242065572029968390)
It won't fully be reflected in prices until (if) that money actually makes its way out into the broader economy and debases the dollar.
Once that happens, everything priced in dollars goes up.
Hold on tight, the next 12-18 months are going to be wild.
Stay informed my friends.
-Doc
That was something I really liked to see.
The FED and the EZB said, that they will print money like crazy and the BTC price went up and up.
That clearly shows, that BTC is a way to get out of FIAT.
Or at least to store some value in it for the next years.
Buying BTC and hoping that in 6 month the price has doubled is something I would not recommend.
But buying and holding for at least 1 or 2 years is a good idea.