Hey guys, Bitcoin has become more mainstream now that Paypal has announced that it will accept the cryptocurrency as a means of payment. BTC is rising in along with the volume of negative yielding debt.
Negative yields are good for Bitcoin.
Biden is leading Trump by 10 points in final days before election. 6/10 voters say the country is on the wrong track. But- Trump keeping his hopes alive by staying competitive in swing states.
Central banks around the world continue to save dysfunctional economies from blowing up.
Covid-19 is proof that life is short and unpredictable. Anything can change from one day to the next. Our health, wellbeing, wealth and job security can all be destroyed without a moment’s notice. What we think is ours for life is really just borrowed time.
Expect more selling, more fear, more uncertainty for weeks to come, especially as the virus spreads in the U.S. Best to raise cash and be ready to max out on margin when we finally reach a bottom. We could be talking about weeks or even months from now.