on October 7, he pinned the predicted price increase to a wave of institutional funds pouring an"enormous wall of money" into the asset.
Pal, currently the co-founder and CEO of Global Macro Investor, said the global economy is moving from the"hope phase" to the"insolvency phase" as investors realize an economic recovery from the COVID-19 pandemic will take much longer than anticipated. "The only answer is more from the central banks, so that's why I started to buy more and more Bitcoin," he added.Chewy cofounder Ryan Cohen lays out the crucial skills he learned from Warren Buffett and his father, and explains why he's all-in on Apple
He admitted that the above 50% allocation exposes him to a significant downside, but accepts that as the upside is"so much bigger."
We’ve been hearing the same news for the past 5 years.
Does anyone really trust what Goldman Sachs has to say. Why are these crooks even still allowed to operate?
Hodl
Hence why he’s a FORMER chief lmao
Ha. Hahah. Hahaha. Must be hangin with hunter hittin that rock
Speculative investment - ’The primary difference between investing and speculating is the amount of risk undertaken. High-risk speculation is typically akin to gambling, whereas lower-risk investing uses a basis of fundamentals and analysis.’
Majority bitcoin miners based in China. Huge political risk ( apart from other tech risk). Why would west do this? Nope.
CryptoTwitter like
Bitcoin cryptocurrencies ... ... realistic dollar alternative / replacements - - or just more money takers?