The Stock Market is an Absolute Mess Right Now! 😝🍒
The mainstream establishment loves pushing the stock market rally that we've seen over the past several years. Recently, though, the equities investing sector looks like an absolute mess, and I believe things are only going to get worse.
More on that in a later post...for now, I want to bring your attention to a rarely reported fact: since November 1st of last year, the Dow Jones has only gained about 1.7%. For a five-month time span, the traditional investment market has gone nowhere fast.
Contrast that with Bitcoin -- since November 1st, bitcoin has jumped more than 23%, despite the fact that it has lost approximately 60% from its all-time high!
The computer models suggest we are in for a serious bear market but the quants refuse to believe it. They are clearly in the denial phase...
Funny how the mainstream love their facts, until it works against them! :)
WARNING! The comment below by @marlon23 leads to a known phishing site that could steal your account.
Do not open links from users you do not trust. Do not provide your private keys to any third party websites.
Although Bitcoin’s market share is declining, it is still considerable at present because Bitcoin’s first-mover advantage is still in place, which is one of the reasons why BCH’s trading volume is not yet high.
Nice post!
I try to start my STEEM blog but i lack followers :)
bullishmoney , can you have a look over my post : https://stееmit.com/@zoltanbristol/street-art-photos-from-budapest-v and give me a review?
Thanks!