It’s the Return of the Safety Trade
Real Vision: Finance & Investing
00:00
Cryptocurrency Market Contagion
I don't think there's systemic risk coming from this. There already is pain, obviously. And frankly, it's kind of easy to see coming. We bought Bitcoin 80, 800 sold at 54,000. I'm a trader, so I'll trade just about anything. But I think the degree to which this had to happen, you had to have a washout. It reminds people that doing this is not easy. No easy way to get rich overnight by buying any one thing and plowing all your money into it. A lot of telltale signs were all over the place that people didn't want to read. This is something new but it's also the same old song and
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