Hi friends,
It has been a painful time to be an investor, whether the stock market or the crypto market. Bitcoin has sure taken a beating over the last month:
Fixed income investments have struggled too with rising interest rates. Aside from cash, gold and silver, there has been no place to hide. Real estate has done ok, but could be in for some pain too if rising mortgage rates price out buyers and leave sellers lowering home sale prices.
I am looking at this as a buying opportunity but trying to find the bottom will be a challenge - how low will things go?
I have my eye on TQQQ, a triple leveraged long NASDAQ etf, which could be a good place to be once the sell off is done.
Thanks for coming by,
Brian
