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“Davis Double Play” : Mr. Market & Asset Bubbles
By STE's Stocks Investing Journey  •  May 31, 2022
The last two weeks must be a hectic week for Crypto investors as we had seen the collapse of Luna ( A type of stable coin) which wiped out almost $40 Billion of market cap from the Crypto-market. What is Terra Luna? Why did it Crash by 99.9%? <Sources:business2community.com> As I mentioned before, Crypto as a so-called "alternative asset " class is very risky and may not be suitable for all investors, especially for those with low-risk tolerance. Bitcoin as the "King " of Crypto may not collapse like "Luna " since it still has demands on certain "usage " like "currency" for some groups of people, but we may continue to see the huge fluctuations of the price like up and down of more than +/- 50%. For some other coins like "Luna", it will not be that lucky to enjoy such "privilege" and I am sure, "Luna" will not be the last of such coins to collapse, there will still be some to follow...
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By STE's Stocks Investing Journey
Hi Everyone ! is me STE, I would like to start a blog to pen down and document my thoughts on stocks investing and also “talking to myself “ on some issues relating to investing ideas / world . I will try not to mention any particular stock in my blog post as it is very hard to do any “prediction or forecast “ of future or stock's movement and also this may attract unnecessary dispute / incident if anything goes wrong .. I will be using more graphic / chart / table / quotes to explain my thought and ideas as “ pictures worth more than thousand words “ ,, the most important things is …I don’t really good in explaining things in words.. haha .
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