Crypto Bros Are No Longer Selling Luxury Watches, and the Market Is Showing It

These Self-Driving EV Taxis Could Soon Be Hitting the Roads in JapanIn the last quarter, several of the leading watch companies saw their sales plummet. Part of that is because those whoover the past couple of years are now using that money for other expenses like travel. But part is also due to speculators like crypto bros no longer banking onthat crypto bros diversified their portfolios by buying up and then selling high-end timepieces.

Since the pandemic began, the watch market has been on a roller-coaster ride. And while crypto bros may be pulling out of the secondary market, it leaves space for other watch collectors to move in, perhaps at a better price than a few years ago.Tori Latham is a digital staff writer at Robb Report. She was previously a copy editor at The Atlantic, and has written for publications including The Cut and The Hollywood Reporter.

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Crypto for Advisors: Crypto Volatility and Market ConditionsDuring times of uncertainty, the increased availability and accessibility of an investor’s portfolio can lead to reduced volatility and panic across all asset classes, including crypto-native tokens.
Fonte: CoinDesk - 🏆 291. / 63 Consulte Mais informação »