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Bernie Madoff had a great pedigree and promising portfolios...there's thieves and swindlers everywhere as well as victims.
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Luckily I ignored him or I'd still be working today. |
Coming Soon
Congress has the push now to to regulate all cryptocurrencies as nothing more than a fancy. After the crash too many are complaining and something will be done to stifle it into nothingness.
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As far as Apple goes....."Buffett started as an AAPL skeptic, stating that technology was a risky field, and he didn’t understand the business well enough to predict its future potential. He later changed his mind, explaining that he now views the company more like a consumer or fashion brand with a huge amount of brand loyalty. By 2018, he had completely reversed his position, and declared that he’d buy the company outright if he could." Berkshire Hathaway currently owns 5% of Apple's stock. |
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But since crypto has been glorified by so many traditional news outlets including CNBC, many folks have been completely oblivious to many of the risks. I guess ratings and advertising revenue are far more important to them than objective reporting. Cramer called SBF the JP Morgan of this generation. |
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A bit late to the party, if you ask me... |
Here is how Wikipedia explains blockchain: "The bitcoin blockchain is a public ledger that records bitcoin transactions. It is implemented as a chain of blocks, each block containing a cryptographic hash of the previous block up to the genesis block[ in the chain. A network of communicating nodes running bitcoin software maintains the blockchain.: Transactions of the form payer X sends Y bitcoins to payee Z are broadcast to this network using readily available software applications." Now that you understand what it is, you can invest your life savings with confidence!
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And I only invested what I could afford to lose. |
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