Crypto is like the worst investment ever: huge legal risk, does not hedge inflation, not a safeguard in crisis, does not benefit from tech/ai boom, does not generate profits. Only downside, no upside, no strengths, only weaknesses.
the chart is only one direction: down
The obvious weakness of bitcoin relative to QQQ demonstrates this. A daytrading pair trade method that shorts Bitcoin in market hours and goes long qqq would have cleaned house over the past year, including a huge win yesterday. i was running this and made a lot.
Who goes against the fed. government and wins? big tobacco couldn't do it. neither could the auto industry.
the chart is only one direction: down
The obvious weakness of bitcoin relative to QQQ demonstrates this. A daytrading pair trade method that shorts Bitcoin in market hours and goes long qqq would have cleaned house over the past year, including a huge win yesterday. i was running this and made a lot.
Who goes against the fed. government and wins? big tobacco couldn't do it. neither could the auto industry.