Subramanyan
08-31

Beyond a fair understanding of the blockchain tech, I never actually understood how crypto worked. I did invest a small bit and also made some money but I have to confess that it was due to sheer luck and also patience. So, I find the crypto market a maze.

Having mare that disclaimer, I feel buying into crypto or even crypto shares at the present levels and value (which I am not sure of) is very risky.  That it is extremely speculative is all I see. Of course,  there is a lot of money to be made if one is smart. I would be comfortable only when Bitcoin goes well below SGD 100000. Till such time, I am OK to wait in the sidelines. The only position I might take would only be for amounts <$5000 in MSTR & MSTU and that too sourced from the gains I make elsewhere. And that too only due to FOMO ( I am human too [Sly]  ) &  to cure the investing itch. If one were to pump in huge amounts at present levels, I feel, one is better of in a casino at 🇲🇴  or Las Vegas.

What Should You Watch When Investing in Crypto Stocks?
Recently, the hype around crypto-related stocks has cooled, but some believe that the crypto bull market is not yet over during Trump’s term. However, the performance of crypto stocks has diverged significantly. With BMNR’s lock-up shares set to be released on 9/2, should investors exit early? What key points should be considered when selecting crypto stocks?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • The Retail Trader
    08-31
    The Retail Trader
    Good thought, sir, many times FOMO is the winner [Happy]
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