There’s no sugarcoating it: The crypto market has been dropping like a rock. And as Matt explained yesterday, even though the fundamentals behind cryptos are actually getting stronger, this bear market could linger for quite some time.
One of the most hated assets in the world right now is crypto-currencies — and with good reason: Over the past 18 months or so, the crypto market has collapsed by 80% or more. But surprisingly, a group of “insiders” is still pouring money into this market.
A 2008 study by entrepreneurship scholar Michael Song proved that the longer a new start-up stays in business, the higher its likelihood for eventual success.
The stock market is a dangerous place to invest right now. The Dow, the S&P 500, the Nasdaq — if the government makes one wrong move, they could all come crashing down.
I hate to say “I told you so,” especially in a situation like this… But as I explained last week, one of our key market indicators recently flashed red. Then, yesterday, the Dow crashed 800 points.
Yields are at all-time lows… The stock market is alarmingly volatile… And if the government makes one wrong move, we could see a crash at any moment. It might feel like you’re a passenger in a car with a drunk driver behind the wheel.
Last Wednesday, I explained why the stock market would inevitably crash… And I showed you a simple strategy that could help you protect your money. Well, since I wrote those words, unfortunately, things have unfolded as expected: The Fed lowered rates… and the market has dropped by about 5%.