#Crypto #Contagion #Bitcoin #Markets #Silvergate #DigitalCurrencyGroup #DCG #GBTC
InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions.
The Story
Crypto Last 7 Days
Stocks Last 7 Days
Charlie’s Perspective
Bitcoin Normalized vs BRK – Nearly Matches
BTC Drawdown Second Longest Ever
All Began w Easy Cash and Carry Trade on GBTC
After Asking… GBTC Will Not Share
Grayscale will not show proof of reserves due to “security concerns,” after its bitcoin and ether products fell to all-time lows this week.
What’s a Merkle Tree?
Digital Currency Group DCG
Relationship between GBTC Genesis 3AC & DCGC
DCG & GBTC Bags
Silvergate $SI
Kashkari Crypto is Nonsense
In 2021 – NK said view that rates will need to stay at zero until at least 2024.
Twitter Crypto Head Resigns
Today Engineers Summoned
38 Comments
Well… that was depressing. Soooo are you pulling out of crypto??
Bitcoin dominance has only fallen because the stable coins have become more dominant and going even bigger
Crazy how people think investing is quick money.
I have been, and will continue to buy heavy GBTC and ETHE for my Roth
Bitcoin has proven to be a very stupid investment.
I’m in Tesla amazon and baba
Can Sol bounce back? 🤔
But hey at least FTX got our money to the Democrats….so the line item in FTXs balance sheet Trumplose could help America. Can't image why we are not better off……..Maybe it's time to elect anybody not DNC or GOP.
Solanaaaaaa let’s go. Tech hasn’t changed. Hopefully if needed they can get picked up by more money if needed. There’s plenty of money out there.
Thx for doing all this research every day James! It’s been hard times but especially for you for putting your neck on the line every time! If crypto behaved like stocks i believe you would have been right about the bottom in June but crypto has seen so much crazy events and greed that it is impossible to predict this price action. It is easy to say like some that cash is king but isnt based on something just a feeling that the economy is trash the last year. I appreciate it that you try to pinpoint where the pivot and change of course will be, much harder that way. Thank you for all that you do! And btw since you are dipping your toes in the metaverse, you should consider checking ecomi/veve (brilliant project my opinion)
"Nothing burguers "the opitome of a man emasculating himself. It's a yank thing not English which makes it even worse 😂 come on drop the nothing burger Youre welcome doing you a favour 😉
So glad I watched you months ago when you did a summary of the under,young assists in GBTC besides btc and decided to hold the real asset instead. Like you said, no one is always right and I have learned valuable things from you, James, that have saved my bacon! “Take possession of your crypto and always better to hold the real assets”
Hmmm GBTC… another brick in the crumbling wall?
Thanks You James
XRP and the swift merger eurozone on Nov 21 is it worth looking at?
Hard to express how much I appreciate what you do here James. Not sure I’ve ever come across someone who gives more of a shit and looks after people as much. Can’t even imagine the hours you must put in to this?!? Hats off my friend and thank you❤
Did you cut your loses and get rid of your sol?
Why would you help Genesis if they have already proved to be inept/corrupt???
You embarrassed yourself on the DCA show James, really Mate your better than that
Btw I hope everyone learns the greatest lesson from this whole debacle. That is:. Don't trust the goddamn exchanges! Once you've traded for yer crypto's simply put them on a hard wallet! I understand they are very fiddly right now, compared to keeping on exchanges or hot wallets, but essential in this unregulated crypto environment. I personally think a huge move forward for the crypto industry will be when the focus moves from the exchanges and much more towards hardware wallets. The technology needs to be made much more user friendly. For example, there has to be development of some kind of hard wallet technology that enables to recoup their coins, if they accidently send them to a wrong wallet address. Also the GUI could be made more user friendly. This would surely encourage greater usage amongst mainstream users?….
Is Silvergate a play on other corrupted entities- Watergate? Irangate? Etc etc etc
They also need to show proof of LIABILITIES, not just proof of assets
Well….. U have been saying that 90% of cryptos wouldn't survive till the next bull market 🤷
This downturn says more about people than Bitcoin ..Bitcoin is the same
Saylor/MSTR used Silvergate, no? so glad Vanguard haulted buying Galaxy & GBTC 1.5 yrs ago. Someone is looking out for me.
I’m so terrified Solana won’t make it now. It’s a solid project but too close to SBF. Want to buy the dip to even put my higher purchases , but now wondering if Solana will recover
Where did your Luna to $80k video go?
when cardano is up it gets ignored, the moment its red, cardano is down! lololol , tbh cardano is not my fav either but still just an observation
James, would love if you checked out ShadowFi ($SDF). A project in defi that is a great utility. Take care brother 🙏
*Edit* – this project is on the BSC btw
You are starting to sound like fake mainstream media
One man’s dong pile is another man’s fuel. For some this is like a do over. Once the regulations are in place everything is going up. This is our chance to get in before the institutions. They can’t touch this right now. I am not smart enough to catch the bottom so dollar cost averaging it is. Yes I am happily knee deep in.
Thank you James
Ur the man James 🙏 ty
I’m seeing $SOL at $2.50- $4.74
Thanks James n team. As always, always appreciated
The King of Solana! I am left holding the bag. Too stubborn to sell it and it become a realised loss.
What happened to the Solana logo in the thumbnail?
Everybody except cardano