I have mentioned this before months ago, but it gets hard to repeat the same things over and over. Somebody did me a great favor (and possibly you as well) and took the time to write a detailed article on the risk involved in the crypto market at the moment.
I know there is a Bitcoin thread going right now, but I feel it is important that this article is seen by as many people as possible given the amount of hype and misinformation out there. The author really did do a tremendous job of capturing the relevant issues at play.
Just to add: This is not advice to buy/sell, just information that I think everybody should be aware of. The crypto space is much more complex than the narratives they are pushing in public right now.
I know there is a Bitcoin thread going right now, but I feel it is important that this article is seen by as many people as possible given the amount of hype and misinformation out there. The author really did do a tremendous job of capturing the relevant issues at play.
The Bit Short: Inside Crypto’s Doomsday Machine
This is the story of a Bitcoin trade — the most financially impactful trade I’ve ever made in my life. It’s also the story of the…
crypto-anonymous-2021.medium.com
Just to add: This is not advice to buy/sell, just information that I think everybody should be aware of. The crypto space is much more complex than the narratives they are pushing in public right now.
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