What's causing this Bitcoin rally?
All Bitcoin needed was just 1 catalyst to let market participants FOMO back into it once again. Is this 1 catalyst enough and what's so special about it that made Bitcoin rise by almost 80% since its recently 52 week lows? Find out more in this video!
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During the Great Financial Crisis in 2009, you can buy a Citigroup share for about $1. 14 years later, you would have made over 400% returns! It was a time where banks were in a precarious situation, with big banks such as Lehman Brothers and Bear Sterns failing. No one knew who could be next, and banks stocks were sold down massively. History doesn't repeat but it sure rhymes. Here we are again with another banking crisis. Some investors might be thinking of buying bank stocks on the cheap, betting on the view that the entire financial system wouldn't collapse. I agree that investing in bank stocks during a crisis can potentially yield significant returns, but it's essential to recognize that this is not an easy or risk-free endeavor. There are risks to consider. Read full post: https://finbiteinsights.substack.com/...