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Mayooo
Metals are absolutely crashing. Gold is down 4% since today’s high, which equals around $1,250 billion, and Silver is down 14%, or about $650 billion.
Together, Gold and Silver have lost $1,900 billion in market cap, just today.
That’s more than the entire market cap of Bitcoin.
Together, Gold and Silver have lost $1,900 billion in market cap, just today.
That’s more than the entire market cap of Bitcoin.
BTC-0,29%
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Silver overtakes Nvidia $NVDA
It’s now the 2nd largest asset in the world by market cap at $4.65 TRILLION.
It’s now the 2nd largest asset in the world by market cap at $4.65 TRILLION.
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I’m seeing multiple reports of physical silver trading above $90/oz in China.
U.S. physical silver closed around $80/oz on Friday.
U.S. silver futures reopen in ~30 minutes. 👀
More upside for silver this week?
U.S. physical silver closed around $80/oz on Friday.
U.S. silver futures reopen in ~30 minutes. 👀
More upside for silver this week?
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🇺🇸🇷🇺 President Trump says he ‘just had a good and very productive telephone call with President Putin.
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Be careful with shorts. It feels like some kind of squeeze upward is coming for crypto.
Short term, I’m a bit bullish here, but long term, I’m still bearish.
Short term, I’m a bit bullish here, but long term, I’m still bearish.
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NVIDIA vs. Bitcoin (since Jan 1, 2020)
NVIDIA market cap
$144B → $4.63T
+3,115% (~31×)
Bitcoin market cap
~$130B → ~$1.75T
+1,246% (~13×)
NVIDIA has massively outperformed Bitcoin so far.
But markets rotate and the next 5–6 years are likely to favor Bitcoin.
NVIDIA market cap
$144B → $4.63T
+3,115% (~31×)
Bitcoin market cap
~$130B → ~$1.75T
+1,246% (~13×)
NVIDIA has massively outperformed Bitcoin so far.
But markets rotate and the next 5–6 years are likely to favor Bitcoin.
BTC-0,29%
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Kevin O’Leary: Why Most People Stay Broke
People spend too much money on things they don’t need. If you save that money and invest it long term, the power of compounding becomes enormous.
For example, if you save $100 per month, that’s $1,200 per year and $24,000 over 20 years. If you invest that at 8% annually for 20 years, you’ll end up with around $58,000.
Small amounts may seem insignificant, but over time, they really add up.
People spend too much money on things they don’t need. If you save that money and invest it long term, the power of compounding becomes enormous.
For example, if you save $100 per month, that’s $1,200 per year and $24,000 over 20 years. If you invest that at 8% annually for 20 years, you’ll end up with around $58,000.
Small amounts may seem insignificant, but over time, they really add up.
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Since December 1st, $BTC is down 3%. With 4 days left in the month, it’s still possible for December to close in the green.
However, if we don’t close green, October, November, and December will all have closed in the red. This hasn’t happened since 2018 and January 2019 was also a red month.
We’ll see how it plays out, but historically, closing both November and December in the red is not a positive sign for January.
However, if we don’t close green, October, November, and December will all have closed in the red. This hasn’t happened since 2018 and January 2019 was also a red month.
We’ll see how it plays out, but historically, closing both November and December in the red is not a positive sign for January.
BTC-0,29%
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