Curb your enthusiasm for bitcoin — shares are best

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o To the dismay of his many fans, celebrities painting cryptocurrencies include Seinfeld and Curb Your Enthusiasm star Larry David.

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(Best of two TV shows, ever.)

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As we were expecting, his ad was a lot of fun. But why did he do this? And let’s assume he was not paid for his time in crypto.

Later, in response to the almost inevitable, crash in these properties, their creator happily admitted that neither he nor David understood what they were preaching. They just made a funny ad.

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For bitcoin enthusiasts, the recent stock market volatility is clear evidence as to why storied old stocks are the past and crypto investing in the future.

They are almost certainly wrong.

Big bank analysts from Citi and Wall Street are slashing their forecasts for the stock markets in a way that’s making headlines. But they are only thinking short term, which is what they are expected to do.

Maybe it’s better to see who is buying rather than selling shares.

Well, in the UK, sometimes a top fund manager compared to Warren Buffett, says Nick Train, has rocky market opportunities.

“Often events don’t work out as badly as people fear; but if they do, owning shares in solid companies is a good strategy to see you in better days to come,” he notes.

Meanwhile, the real Warren Buffett is quietly pouring billions of dollars into the stock market. He likes shares in Apple and Citigroup, the huge American bank.

That both have a fall in price makes them cheaper, not riskier, and simply leads to its upside. Buffett is always right in the end, usually sooner than later.

Credit: www.standard.co.uk /

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