Bitcoin is a non-correlated asset, crypto expert says




Anthony Pompliano, the founder of Morgan Creek Digital Assets, joins CNBC’s “Squawk Box” to discuss how cryptocurrency is doing in the markets.

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28 Comments

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  3. Andrew is such a snarky asshole. none of the viewership likes him, and im sure the guests hate him too. why the hell is he on here?? please use someone else who doesnt love the sound of their own voice as much

  4. Better to keep your mouth shut & let people think you're a fool than to open it & remove all doubt. There is so much infrastructure laid and being laid for digital assets it's impossible for it not to be the future of currency

  5. Crypto markets are uncorrelated, and for those who have done “research” the price action doesn’t start at 2017, don’t invest more than your willing to lose, and that rule goes with trading equities as well… most scam talk comes from people that bought at ATH in December, you wouldn’t buy faang stocks at all time highs so why would the same apply to something your neighbor told you about?

  6. These days I watch these videos just to gauge how disconnected so called "experts" are, from reality. Bitcoin is NOT an asset, it's an entry in a ledger in some unknown location controlled by unnamed people. Before you shoot me down, don't – I've done the whole crypto thing, gambling massive amounts of my pension fund on BTC and ETH ETFs. Thankfully my gamble only made me a few hundred UK pounds rather than lose tens of thousands. It could have ended badly. I decided to really look into this whole fad and soon realised it is indeed a racket. Some folk have used the words "scam" and "ponzi". Yes, I agree it's a bit of all of these. I tried to convince a friend of mine and he dismissed me by saying "I dont get it". Well he remortgaged his house and it's not looking too good there right now. The best these crypto fans cam come up with is to "HODL" – Is that it?? Give me a break. Here's some good advice folks. Ignore the experts who are trying to talk it up so as to make up their losses, and invest in actual assets.

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