A new study suggests that poor investors in emerging economies were hit harder by crypto price crashes caused by the collapse of FTX and the UST stablecoin.
Among other things, small investors doubled down on Bitcoin after these events — essentially following the "buy the dip" strategy — while the big investors dumped shortly before the big price falls. It said: Using those numbers, the study's authors found that, since August 2015, a median investor lost $431 of an assumed $900 investment by December 2022. But it added:
Obviously
Unbanking the banked
Ya think, thanks for the remedial common sense observation, the poor always get hit the hardest, beyond lame that post was amd is...
Poor people keep getting hit by this and that all the time .
rly? who would have thought?🤔
Squidnetworketh
Wasn't FTX a lot of institutional money? UST makes some sense, 20% yields often look most attractive to those who dont realize that at that rate of return, it will undoubtedly come with risk or its a scam
Hi Good day Sir, can you please update the Circulating Supply of BRISE ? THANK YOU!
arb_elon unique
arb_elon doesnt care about bear or bull🚀
Isn't it time to see it on your Business univers(BUUN) list? we waited so long
“A new study” isn’t that the case every time! The poor always gets hit harder no matter what.
Pump coming 🔥
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So this article state India as a poorer country. India has the 5th largest GDP and now hosting G20 summit. Indias PM Narendra Modi awarded as world most popular PM. India has most crypto investors. Please check facts before calling India a poorer country... India Crypto BTC
I read what you wrote. But I must say that recently, I invested in $AMG 👉 DeHeroGame Amazing on MEXC exchange. And it's doing pretty good.
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