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Why A Stock Market Crash Would Be Good for Ethereum
Stock Market Crash As per the predictions from numerous analysts, a stock market crash could be nearer than projected. Leading this narrative is the “Rich Dad Poor Dad” author Robert Kiyosaki. He is advising investors to hedge their investments with alternative financial assets such as commodities and cryptocurrencies such as Ethereum. As a leading cryptocurrency, Ethereum is likely to be a big beneficiary if this happens. Stock market crashes are not new in the financial world with the latest being in the 2017/2018 Financial crisis. Most crashes emerge due to factors such as inflation, liquidity, and weak regulations. However, I would sum all these triggers as greed. Cryptocurrencies The main…
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The Looming Stock Market Crash, Get Ready.
Introduction The looming stock market crash rumors have been circulating for a while now. Various industrial leaders are projecting the inevitability of this happening. To understand whether there is a possibility, we need to evaluate the facts. The reason why investors fear a crash is due to the magnitude of destruction it causes. One of the leaders warning about a possible stock market crash soon is the renowned Robert Kiyosaki. Kiyosaki is the author of the famous book “Rich Dad Poor Dad” which has been a best seller with over 40 million copies. Kiyosaki is advising people to divest from stock positions and hedge in assets such as Gold, Bitcoin,…
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Top 3 Electric Vehicle (EV) Stocks to Invest in That Will Make You Rich
A major shift is happening in the automobile industry as the emergence and uptake of Electric Vehicle gains momentum. This shift is creating opportunities in an industry that was non-existent a few years ago. New startups are emerging every day to get a niche in the new market. Hence, it is key to identify companies with high potential EV stock. With this push, some companies have gained an early lead in the race. This lead is expected to continue as more consumers embrace electric vehicles It is in every investor’s interest to identify those opportunities with the highest future value potential. This article will focus on the top three EV…
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AMC STOCK: Could This Be Your Ticket to Becoming A Millionaire?
So far, 2021 is turning out to be the AMC stock year. The battle between short-sellers and retail investors has been ranging since the beginning of the year with the retail investors gaining the upper hand. This has created huge amounts of a short squeeze in the stock. This battle between retail traders and short tellers has not only affected AMC stock but also other stocks including Game Stock. The concept of short squeezing is being promoted through social media platforms. Retail investors create communities and groups on social media whereby they make trading decisions collectively. This approach has already achieved huge success for the retail traders but caused pain…