Making the US into the Crypto Casino of the planet
Dear Friends,
I like to share an analogy that hopefully saves some of the people who think that they are investors when they purchased crypto coins.
There is still time to save your future. There will be bank runs in the Crypto space sooner or later. The question is not if but when.
Have a wonderful week everybody!
Christian
The Truth! With Humor.
2 周I just saw that BTC is down over 8% today and that Consumer confidence is dropping. Who will be able to sell his BTC or overvalued technology shares with triple digit PE when the bottom drops out? BTC: no earnings, -8% TSLA: PE=148, -8% And who will be able to get out with a profit? Most crashes have a real world event to trigger the panic. The US on a path of self immolation and disrespect to Government workers with Elon and his DOGE chain saw. Russia and the US aligning in the UN to beat up on Ukraine. A US president who openly invites corruption with $Trump and $Melania meme coins and fights wind mills and paper straws. All those together could be a good reason to secure gains and have dry powder for the buying opportunities that the panic will create. Warren Buffet appears to have prepared. Why else would he be so happy to have paid taxes on record capital gain tech profits that he realized?