Investors in the US stock market have really been played badly; stocks and the crypto world can never be mixed together.
Recently, Ethereum has been rising,
with the so-called SBET claiming to be the MicroStrategy of Ethereum, revived through speculation on Ethereum.
On 7/16, SBET's stock price once reached 36 yuan, with Ethereum at 3000.
Now
On 7/30, SBET's stock price dropped to 18 yuan, with Ethereum at 3760 yuan.
Ethereum continues to rise, but stocks have been cut in half.
The core concept of MicroStrategy is something that various companies cannot imitate,
as these people will cash out ruthlessly as soon as their stocks rise a little, taking advantage of the narrative in the crypto world to harvest ruthlessly in the US stock market.
This is also why I suggest that beginners who want to participate in the crypto world in the US stock market,
must buy the most authentic Bitcoin ETF, and they shouldn't hesitate to try buying Bitcoin themselves.
The process of buying coins is super simple; even elementary school students can do it. Don’t overthink it.
Even if there are companies that really have reserves of Ethereum, if the price is right, it will still be a harsh cut.
Not to mention that there are stocks related to the crypto world and Bitcoin stocks in the Taiwan stock market.
They are all just for laughs or to scam the elderly, completely unrelated to the crypto world.
Today, the high-dividend ETFs in the Taiwan stock market are finally going to collapse,
with a bunch of garbage pieced together, resulting in ultra-low total returns after management fees,
those are truly scams,
once you buy Bitcoin, you can always have control,
stocks are stocks, and coins are coins; there's no such thing as stock-like categories.
