RE: The Dark Side Of The Rise Of Dogecoin
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We saw a similar thing the US with the auto companies several years ago. GM and Chrysler had to be bailed out by the government. Ford kept chugging along. That was part of the reason I picked up some Ford stock back in the day. I was really impressed that they didn't have to take a bailout. It hasn't really paid off for me, but oh well. I agree, we will see similar things with crypto. People have a hard time taking and accepting a loss these days. They will likely cry an the government will step in.
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I get you, investing in stocks has become harder now making the rational doesn't always pay off because of flows
In stocks however, Algos and passive dominate and it's price incentives buying you can check Mike greens analysis on this and if it breaks its systematic breaking so the fed comes in to rescue it
If it does revert you can be sure there’ll be bail outs I was listening to Chris cole and his already speaking about them coming up with a new reason for stimulus
I actually have quite a lot of money invested in stocks and mutual funds. It is where all of my money was going before I started getting into crypto. Now that I am into crypto, I haven't changed any of those investments, I just keep letting them do what they are doing. I expect we will hit a large road bump here in the future, but it shouldn't be anything that can't recover by the time I need that money.
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