Market Update and HILO

2 min read

Hey friends, if you followed my original trade alert on HILO, congratulations. HILO is at another all time high while the rest of the market is flat. We are still at a very low market cap on HILO and with that said, I am holding. However if any of you need the cash, taking profits is always fine. I think HILO has a long way to go… I mean we haven’t even entered a bull market yet and some of our coins have produced incredible gains.

Not all of our micro caps will do well. For this reason it is really important to not go heavy into any micro cap. This is the wild west of the financial world here. Its incredibly difficult to not just pick them before the masses pile in but also pick ones that won’t get rugged or that have teams that are ill intentioned. I am wrong occasionally but so far during this accumulation phase, we have done very well.

In the meantime, expect a LOT of uncertainty in global markets due to the events that are unfolding. Markets don’t like uncertainty. However this has created an environment where rate hikes are less likely. I am not concerned whatsoever. Unfortunately war does give the green light to print even more currency. Central banks salivate at the prospects of war because any excuse to print is welcome in their eyes. They get to devalue the currency which places even more power in their hands and regular folks suffer from inflation. You see, governments would rather print instead of upping the tax base because its the path of least resistance. Most don’t understand however that inflation is a hidden tax. Pretty deceptive eh?

I hope you don’t mind me sharing my knowledge on what I see happening around the globe. It’s one of my strong passions to understand root causes of global events. I am a nerd at heart and spend a lot of time reading books on history and tracing money that central banks funnel around the world.

Toby

Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk; you should always do your own research before making any investment decisions.