[ad_1]
Michael, a hedge fund manager known for predicting the currency crisis in 2008, said angrily that he had never shorted any cryptocurrency. He also warned that the current bubble is the largest.
Michael is angry about bubbles and shorting cryptocurrencies
The famous capitalist and founder of non-public non-deposit financial institution lineage Michael Bristle has confirmed on Twitter that he has never short-sold cryptocurrencies.
Burry is best known for being the main capitalist who foresaw and took advantage of the US subprime mortgage crisis that occurred between 2007 and 2010. He is described in Michael Lewis’ book “The Big Short” on the mortgage crisis, which was created as a motion-the picture shows the star Christian Bale.
He wrote on Twitter on Sunday:
I have never short any cryptocurrency. This may be my third bubble and the biggest bubble. I have learned a problem or two. On the contrary, the 30-year treasury bond…
In October, he said: “I believe that cryptocurrency is a unit during the bubble.” However, in an interview with CNBC, he said that although the way to short cryptocurrencies was mentioned on Twitter, he did not short cryptocurrencies.
“How to short cryptocurrency? Is it necessary to get a loan? Is there a short-term rebate? Will the position be squeezed and called in? In such an unstable situation, I tend to think that it is better not to short, but here I am Think out loud,” he wrote.
In June of this year, Bristled warned that this is the “mother of all car accidents.” He said at the time, “When cryptocurrencies fall from trillions of dollars, or cultural stocks fall from tens of billions of dollars, the losses on the street may be close to the size of the country. History will not be revised.”
The big short capitalists are not the only ones predicting devastating bubbles. Earlier this month, the wealthy capitalist Stan Druckenmiller stated that everything is in a bubble. “Cryptocurrencies, culturally adapted stocks, art, wine, stocks… this bubble is everywhere, every one on the planet is like this,” he warned.
At the same time, rich dad poor dad writer Henry M. Robert Kiyosaki (Henry M. Robert Kiyosaki) repeatedly warned of impending car accidents. At the end of October, he expected a major crash, followed by a brand new depression. He advises investors to buy gold, silver and bitcoin.
Post “Big Short” capitalist Michael said angrily “I have never short any cryptocurrency”-a warning for the biggest bubble First appeared in Bitcoin wire.
[ad_2]
Source link
