At this point of time, Bitcoin enthusiast would be celebrating.
It's already a day after halving.
Wall Street is under selling pressure at the moment.
Img src: Tradingview.com
Dow is down 300 points and Bitcoins are up 334 points. It's pretty interesting to see two behemoths battling in my view.
#GODZILLA VS KING KONG
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Are you a supporter of Bitcoins or are you a stock investor? Or do you invest in both?
I think most of you who are reading this definitely is a crypto supporter.
I invest in Cryptos and also stocks to reduce the correlation of these two assets. According to Ray Dalio, the more uncorrelated asset class that you invest in, the lower the risk to your portfolio.
From the graph above, it is clear that Bitcoin and Dow Jone graph moves opposite of each other. Would this continue? Maybe.
I saw an interesting news earlier today.
Money printers are hot at the moment. 2 trillion dollars printed and now another 3 trillion. What do you think of this?
Anyways, I may be doing some amateur video broadcasting soon on investments. I know it sounds old but its something new in Malaysia. I think it is definitely one of the skills of the future to be able to talk on screen. It's a small step off my comfort zone. Yesterday, I spent an hour practicing in front of a camera. Getting better at it.
The art of speaking in from of a camera. It's a new way to the old quote,
"If you want to master the art of presenting, talk in front of a mirror"
Nowadays, it is talking in front of a camera.
Posted Using LeoFinance
My thoughts are how many trillions of dollars were wiped out from this. Between stock being down, real estate being hit, people spending their savings and small businesses that will reopen, the $5 trillion is outweighed.
This is a point people miss when looking at the money printing in isolation.
Posted Using LeoFinance
Hey hey hey.. Wow.. What u said is true. I totally agree. Do u think 3 trillion helps?
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