Celsius, one of the largest crypto lenders, has been under pressure. And people active in the sector have been keeping a watchful eye. The lending giant promoted itself as lower risk but higher reward than traditional banks. But investor documents from last year show Celsius was actually built on risk. Photo: Dado Ruvic/Reuters.
WSJ reporter Eliot Brown joins host Julie Chang to discuss the latest insights into Celsius’ business.
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42 Comments
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Nothing burger
Exthelent analythith!!!
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Sad about it is that all these Lending/Stablecoin/Staking/Shitcoin-stuff puts a bad light on Crypto. It is the opposite of why crypto was invented. Please just buy the largest 1 or 2 Crypto currencies, put them on your private wallet and wait.
Well, no one else has made the obligatory pun
Is Celsius still outselling Fahrenheit ?? 🙄
FUD. Cel 50x
very poor diction…
This was a scam and peter schiff highlighted from the start, but nobody listened to him and now peter say #IToldYouSo
"Banks are not your friends, and neither is Celsius!" 😂
It requires money to make money. This is the best secret I have ever discovered we don't make money we EARN and MULTIPLY money
I’m not sure why there’s laughter from ELIOT BROWN in this piece given real people have lost their life savings. Sober up and act accordingly #amateur
Alex needs to have another interview on Kitco news with Peter Schiff.
Even with the fluctuation in the economy, I'm so excited I've been earning $45,000 from my $10,000 investment every 10days.
Lol that’s what happens when you try to make money out of nothing. Commodity will always be supreme.
OOOps.
you saying. fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on th upe pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.6 BTC in just three weeks, with the trading strategy given by expert trader Mr george philip
I don't think with crypto the government would step in.
too high to be true 😂
Emphasis on letter s
This is why you Never invest in crypto
Crytpo…a landscape full of garbage. Might as well say it's a dumpster fire all over.
Fractional Reserve Crypto.
So first people invested in tulip mania and then in ponzi scheme ,what's next pyramid scheme ?
Nice to see the comment section full of crypto scam artists telling us how much they’ve made through random crypto guru’s. Sure I’m going to put all my money into a thing I found on a YouTube comment section. Don’t fall for these scammers.
People keep falling for crypto scams if it’s too good to be true it probably isn’t
Celsius has never been a low risk, on opposite it involved counterparties and loan books with under collateralization for institutions. Coinchange’s business model relies on DeFi growth and studied, researched, and meticulously trained algorithms that have been put together so that no matter what the market is currently doing, all of our users will always be earning positive returns on their investments.
Not much information was shared in this video. It's supposed to be in depth but it's just an introduction.
didn't wsj echo what celcius said about their crypto currency?
HIGH RISK = High Return
I thought I was about to skip an ad when I saw this
Eliot brown your a fake
i'm starting to think that cesius was just a big scam after all… i wish i didn't store any of my tether in there
Showing a blue screen talking is pretty cheap. Ur the WSJ!!! Come on
It's not just the crypto platform that is the problem but the way that modern currencies is "free-floating". And aside from the pros and cons of such monetary policy, be very wary of stable coins that promise to peg with the dollar. That is, why would someone guarantee your cost of inflation without you fully understanding how they do so?
Nice video
Ale jazz
Ale jazz
Wait. Better returns usually means more risk.
Your explanation is realistic and straight to the point. This major dump is quite hurtful and a disaster for holders but on the other hand there are many ways of manipulating the market. I am glad as a smart investor I am putting my hard earned savings into the most. Don't just hold you'd regret it, better said the only transparent market there is day trading. Big thanks to Mrs Clara Greens for helping me gain over 7BTC with her method lately..
This is why i do all my crypto related transactions on Gateio. 9 years of commitment to growth is enough reason.
Low risk and high returns : mantra of all scams