The bros are having a hard time.
The currency's second major crash in two months is good news for people who have invested inBlockchain assets, according to a long and winding thread.
"I don't regret anything," he said in the thread, which he said was an excerpt from an email he sent to his clients, who he said would get the good, bad, and ugly.
The certified financial planners laid out a bunch of arguments that took a long time to think about. For most of the time, he's standing by the hardcore claim that it's a political money, and that it's substantially different and better than traditional money.
The sad point in the thread was when Douglass objected to a hypothetical client.
"I can read the replies right away," he wrote. "'That's great, but I bought a lot higher than today's price, and I'm down X percent, what the hell!'"
On the other side, price volatility can feel amazing, but on the other side, it feels rough.
"I will not tell you anything other than that the crash is healthy and good," he says, and then compares it to a forest fire. It's worth remembering the devastating effects of the wildfires that have battered much of the West Coast over the past few years, even if you don't agree with that metaphor.
In his thread, he is saying that investors should have faith in the future because it will rise again.
He might be correct. It is1-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-65561-6556
Do you think the bottom line is correct? It's foolish to say that nobody can be certain.
It's not a good idea for anyone with a financial interest to try and get you to buy morecryptocurrencies. They will let you know anything you want to know.
It was months after the Super Bowl ads that the exchanges laid off thousands.