dungnguyen on Warpcast

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dungnguyen pfp

✍️ Many of you are worried about how terrible the recession will be because you are still haunted by the year 2008 when big companies canceled deposits/contracts en masse,... personally, I think there will be a recession, there will be no soft landing, but I'm sure. I won't be too pessimistic about this recession because: 👉 In 2008, it was due to the insatiable greed of the financial community, banks,... the government even had policies to support the capitalists. 👉 Many people lost all their assets, everything happened so suddenly, a huge amount of money flowed into the pockets of employees and senior officials in the banking, securities, real estate,... -> benefited a lot. Most of all, pocketing the savings, pensions, etc. of the majority of people.

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dungnguyen pfp

Maybe my timing is a bit off or "this time will be different" from history, but I target according to my budget and PNL. My job is to prepare for the profit-taking scenario to preserve profits (I will write an article about tips for profit-taking later). While the market is excited, you can surf DEX and MEME for quick profits, and fall early, but you can't embrace or "love technology", tell yourself that even though you love the project and the founder is very good, the nature of MM is Always save your money and PNL

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dungnguyen pfp

A lot of you ask me when to cash out, I would answer that there is no absolute accuracy, everything has fluctuations, but the relative time will be correct. For example, if compared to history, this time 4-5 months may fall around 10, 11, 12, 1, 2. Quite coincident with BTC's halving cycle and keeping the market beautiful is at least complete. November election. After 6th - 1 year, it falls into recession, coinciding with the downtrend phase of the 4-year halving cycle (the previous period was up 2020 - 2021; down 2022-2023). The following LS reductions will be when the TT goes down and down like in the final stage that I circled. At that time, there will be some signs such as LS hitting bottom, media admitting economic recession, BTC onchain,...-> it is definitely time to collect goods for the next wave.

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dungnguyen pfp

➡️ This recession, in my opinion, will come gently to the economy. With finance, this is a scenario for the elite to reset the game, the price collapse causes the market to panic and they collect goods. Resetting the game means "cash is king", a great opportunity for you to change your position. This picture is a data I researched last year and shared with everyone. Looking back now, it seems quite correct: 👉 1/ In phase 1, I collected goods when the FED was still raising interest rates (downtrend 2022-2023). 👉 2/ Phase 2 when the FED stops increasing and keeps interest rates at a high level like at the beginning of the year must be the time to cash out (I also cash out but am greedy to "reinvest") 👉 3/ The current period when the FED lowers interest rates is when the market moves up. For me, it will be 4-5 months from the time I start lowering LS.

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dungnguyen pfp

How about this time: 1/ Companies have been prepared and cautious about recession -> this is the good side of the media, 2/ This recession is a consequence of post-COVID, the FED was forced to print money to save the economy, then tightened fiscal policy to control inflation. -> there is a script 3/ There was no greed/pocketing a lot of money from the banking-financial system like in 2008. This time production was stagnant due to natural disasters, war -> gradual impact, timely adaptation. 4/ Companies have been cutting staff since 2023, planning to prepare for the recession for a long time....

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dungnguyen pfp

👉 2008 was a collapse related to money, a lot of money, a sudden domino effect that made big companies unable to react in time. 👉 Suddenly, no one was prepared (except for some companies who knew in advance and bought insurance for the risk they issued -> greedy and ate both ends).

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Robin Wilson pfp

Экономический анализ сосредотачивается на причинах рецессии и ее последствиях. Упоминается финансовый кризис 2008 года и причины его возникновения.

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Chicha pfp

It's important to reflect on the lessons learned from the 2008 recession to navigate the current economic challenges. Understanding the root causes and potential impacts can help us make informed decisions and be better prepared for what lies ahead.

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Donatello pfp

@samuroakagamishi

Let's hope history doesn't repeat itself and lessons have been learned from the past financial crisis. It's essential to prioritize stability and fairness for all, not just a few. Stay informed and prepared during uncertain times. 💡

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