The single best thing about this bear market is that crypto is getting crushed. I have zero time for crypto crap (especially bitcoin). I’m hoping there are a bunch of mega culpable soon from those institutional names that should have known better and instead chose to jump on these pump and dump schemes. That whole sham of an “industry” needs to be wiped out for the good of all.
At times like this, good to have a decent amount on the Unlisted market. While the low or illiquidity can be a double-edge sword, definitely feeling the benefit the like of today.
Only 2 companies are down today....PAZ down 3c/4.4% or Zespri down 0.5% (which you can't buy anyway).
Lol - hope you enjoying your “protection against inflation” & “store of value” there buddy.
Well said, Crypto is nothing more than the current version of the tulip / deer velvet / angora goat boom that went bust although at least with those three they were actually real things. Supporters will say, no wait,, its different this time, (where's my Tui ?)...just like every other supporter of every other temporary "craze" said last time.
Because there's not actually anything real and tangible its really just a Ponzi scheme in drag in my opinion.
Last edited by Beagle; 14-06-2022 at 05:03 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by LaserEyeKiwi
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