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IPFS News Link • Stock Market

One Of Our Financial Markets Has Already Suffered A Catastrophic Collapse.

• by Michael Snyd

How would you feel if the value of your investments dropped by half in just a couple of months?  Fortunately, those that have invested in stocks and bonds are not suffering that sort of pain (yet), but another class of investors has been absolutely eviscerated in recent weeks.  For a long time, cryptocurrency investors laughed at all the rest of us as the value of their investments soared into the stratosphere.  Many of them felt that they were living proof that you really could "get rich quick", but as I have always warned my readers you only make money in the markets if you get out in time.

And needless to say, the vast majority of them did not get out in time.

Since setting all-time record highs in November, several of the most prominent cryptocurrencies have crashed harder than Hunter Biden after a cocaine-fueled night with a Russian hooker…