Comment on Peter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fears

• UnderpantsWeevil@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Thriving. The Trump Era has been gangbusters for crypto, as he’s made all sorts of crazy promises about building a federally financed coin reserve and stuffing it with digital crap.

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• Branch_Ranch@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Well, Bitcoin is down about 25% from it’s high a couple months ago so there’s that.

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  • BD89@lemmy.sdf.org ⁨2⁩ ⁨weeks⁩ ago

    It’s an extremely volatile asset. I think last “bull run” cycle it lost like 40% of its top.

    But it also gained that 40% on the way up too.

    Its just a gamble. I like crypto but memecoins and the like have bastardized it into something that, in my opinion, it wasn’t ever supposed to be.

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