All went into some billionaire’s pocket who got a tip from the administration to short the stocks.
Was Barron. The call is coming from inside the house.
People in 2020: “I’m buying at the bottom of a market, I hope I get 30% yoy returns for the next five years”
People in 2025, last week: “Omg, it happened! I’ve more than doubled my money in less than five years!!! Crazy!!!”
People yesterday, after a 5% market correction: “I’m destitute”
Leverage is a hell of a drug.
You haven’t lost a cent if you don’t sell
Hot take: crypto is dumb.
That take is lukewarm at best.
did I miss something?
New tariffs.
https://www.youtube.com/watch?v=23ddxotpMZM A breakdown of what happened.
At first cryptos had a true value, as in people wanted it and saw the potential of the coin itself, and not of the price it had, thus raising the prices. Then it changed. Capitalists with their huge capital started playing the market. So instead of the cryptos having a monetary value based on their actual value to society, they got their monetary value from previously monetary values. This means that the value of the cryptos shifted towards how much value it could provide to the people investing in them.
At this point anybody with half a brain should have stopped caring about the actual monetary value of cryptos. Bitcoin was made for one thing and that was to be a decentralized alternative far away from any government. And now you have one government, that only consists of a mere 5% of all humans, that somehow made the market crash? Everybody that doesn’t think this is beyond crazy is getting played, hard.
How is a 10 percent drop in BTC price considered a great amount of volatility?
I don’t get it
They’re saying some guy in china cashed out trillions because of the trump tariffs
In 1987 the s&p500 fell 20%
Sounds like she has approximately zero chill.
