The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Businessman and Warren Buffett's long-time business partner Charlie Munger gave a big interview this week where he blasted crypto.
"I'm proud of the fact I've avoided it. It's like some venereal disease ... I just regard it as beneath contempt," Munger said about cryptocurrencies. He also predicted the Federal Reserve's monetary policy would end in a real collapse and rampant speculation in the stock market would never stop.
Berkshire Hathaway's vice chairman does not share the views on passive investing in cryptocurrency and expectations of their growth over the years.
He chooses active investing that involves skills, an analytical mindset, and the right approach. Charlie Munger called out the "wretched excess" in both venture capital and bitcoin, saying that "venture capital is throwing too much money too fast."
Today, we can see a large excess of venture capital. Munger has never invested in cryptocurrencies and he does not understand the point of wasting his money on out-of-control bubbles.
He asserted that people welcome digital assets because of their usefulness in extortion, kidnapping, tax evasion, money laundering, and terrorism.
He says the cryptocurrency market should be immediately closed and admires the Chinese government for banning it as well as mining.
The billionaire believes people should not invest their money in bitcoin and expect to become rich. Bubbles exist for years and they can burst at the most inappropriate moment.
Munger reckons people should invest in blue chips - time-tested stocks that have actual value.
*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。
InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。