Chart Action – Bitcoin Barbecued

On Thanksgiving and New Years Bitcoin was the topic at every dining room table and party.

This will not be the topic of discussion at your 4th of July BBQ next week.

If your buddy who went all in, is nursing a La Croix by themselves in the corner, now you know why.

70% Decline from the high.

Look at the chart again.

Yes, this is what a bubble looks like. And if your thinking if it rose once it can rise again….

Here is the Japanese stock market over the last 30 years.

Yes, 30.

And this is a stock market comprised of companies that actually make money.

Crypto currencies have no actual value.

Now on the 4th give your buddy a hug and let’s all remember;

investing is hard.

-Jared

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