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A notorious market bear who called the dot-com bubble says he sees ‘fresh deterioration' in the market indicator that first signaled the 1929 and 1987 crashes - and warns that stocks are ripe for a 70% drop
1 month ago | By Business Insider
Summary List Placement Investors are by now conscious of the heightened risk of a stock-market pullback in the near future, given the euphoric speculation that has continued to drive valuations upwards.
Eighty-nine percent of financial professionals surveyed by Deutsche Bank earlier this month said that they saw bubbles in financial markets , and Bank of America and Charles Schwab both recently warned that investor sentiment is approaching extremes, making stocks vulnerable to a sell-off.
But if market conditions are solid, over-enthusiastic investor sentiment by itself often isn't enough...
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An early bitcoin investor says the best time to buy is when nobody's talking about it - and warns this isn't the first crypto bubble
1 month ago | By Business Insider
Summary List Placement
An early bitcoin adopter says the best time to buy is when no one's talking about it.
He started out with an initial purchase of 2.5 bitcoins in 2013, when the token was trading around $100.
The buyer, who prefers to remain anonymous, lost 16 bitcoins in the 2014 Mt. Gox scandal.
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The ultimate time to buy bitcoin is when no one is talking about it, according to one early adopter.
"The best time to buy bitcoin is whenever blood is on the street, everyone's panicking, and no one's talking about it...
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An early bitcoin investor says the best time to buy is when nobody's talking about it - and warns this isn't the first crypto bubble
1 month ago | By Business Insider
Nicolas Economou/NurPhoto via Getty Images
An early bitcoin adopter says the best time to buy is when no one's talking about it. He started out with an initial purchase of 2.5 bitcoins in 2013, when the token was trading around $100. The buyer, who prefers to remain anonymous, lost 16 bitcoins in the 2014 Mt. Gox scandal. Sign up here our daily newsletter, 10 Things Before the Opening Bell. The ultimate time to buy bitcoin is when no one is talking about it, according to one early adopter. "The best time to buy bitcoin is whenever blood is on the street, everyone's panicking, and no one's...
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Futures Business Bank Invest Market Banks Future Marketing Indices Investment Investments Trading Buy Markets Weekend BI UK Bitcoin Bitcoin bubble Bitcoin Forecast Crypto investing Crypto Investments Cryptocurrencies Early InvestorA Trader Joe's employee says he was fired after he asked the company's CEO...
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I fired my biggest client and still made $120,000 as a freelance writer last...
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A worryingly large number of US stocks are expensive, crowded, and pose a...
Summary List Placement Mega-cap growth stocks are overcrowded, expensive, and dampen the outlook for the S&P 500 in 2021, BofA said. A team of strategists said in a Friday note... Read more ...