I am long Bitcoin and crypto, still mining, I consider crypto to be modern day tulips. My only possible dollar hedge is EFA, but I am glad I did not buy it at 90 because it trades at 87 today. My target for DXY is 80, but it probably wont get there quickly, at least I am not expecting it to. Platinum group metals look interesting, they are more precious than gold in non gold bubble times.
I was considering writing a new code for new crypto, it’s less hard than you think, especially with AI tools. Only Donnie can do it, but from this post you can possibly see what crypto really is, a tulip. The business model of new coins is to sell new coins, same as Ethereum. Ethereum development and servers are supported by the issuance of new ethereum. It’s way too late to do it though, and there is a risk of jail time for doing it. The latter is a huge deterrent. Donnie released them all and made his own crypto, but I expect it to be reversed by the next administration which will probably start a new witch hunt. Not worth the legal risk.
coinmarketcap.com
One can do anything today, this earned lengthy prison sentences in the past. |
