Not just Bitcoins perhaps everything defied conventional economics

Dimon of JP Morgan comment about Bitcoins sent its value down by 10%. Should his or similar comment come too late. But today nothing is moving logically including USD strength where it is the most debt currency on earth after pounds. Everything run on trend. Either you catch the right trend or you should be very sure back to traditional value investing approach. The power of speculators and unwanted monies are too much and too powerful.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at WordPress.com.

Up ↑

%d bloggers like this: