I dont think he killed it. He was pretty transparent about selling his ltc. There was a dip in response then the whole market dipped due to government regulation fears in combination with a correction after the early january run. Truth is that most of these founders probably sell stakes at points. Most just dont sell all of it or announce it as publicly as charlie lee.
Theres been some lighthearted jokes and ego in this thread but i think its been pretty chill for the most part. Yung D and moe have been pretty straight forward about their investment advice. @SirIvyLeague likes to joke around but hes been pretty legit about not tryna influence new people to make dumb decisions with their money. He always tells people to be careful and not invest more than they can lose. I dig this thread lol.
Hot tip for my Clutchfans bretheren: Two brand new blockchain ETFs came out last Wednesday. Legitimate ones with solid holdings. BLCN and BLOK. Get in before they pop. For the financially impaired: these are stocks you can buy on your E-Trade (or whatever) account that have holdings in companies that are involved in block-chain technology. The SEC would not allow them to put the word "blockchain" in their title to try to avoid the rampant speculation. So if you want exposure to the blockchain world minus the volatility of individual cryptos, these are your ticket. You're welcome.
These are the Top holdings form BLCN: Company Country Weight 1 Intel Corp USA 2.43% 2 Overstock.Com, Inc. USA 2.39% 3 Intl Business Mach USA 2.37% 4 Cisco Systems Inc USA 2.26% 5 Hitachi Ltd Rg Japan 2.23% 6 Microsoft Corp USA 2.19% 7 Hive Blckchn Tch Rg Canada 2.17% 8 SAP Se Ads USA 2.15% 9 SBI Holdings Rg Japan 2.13% 10 Barclays Plc Adr UK 2.08% It just seems a like a normal ETF that is trying to get on the blockchain hype. I hope someone sues the **** out of them.
What's wrong with that? Plenty of people want to invest in blockchain tech but don't know where to put their money. This gives a relatively safe and balanced option.
There's nothing wrong with it, but most people who invest in blockchain/cryptocurrency are looking for volatility and spikes in price. Those companies' blockchain efforts probably aren't going to move their bottom line unless they announce something earth-shattering. Those companies' day-to-day fluctuations aren't going to necessarily be because of their blockchain efforts. IBM has been knee-deep in crypto efforts with Fabric and Linux's Hyperledger for a while now, but you don't see the stock moving because of it. Most of those stocks are going to go up simply because of tech going up and they'll go down if/when tech goes down. If you want that, then invest in the Q's or a tech fund.
