I hate to brag, but another one of my predictions just came true – actually, several of them came true this past week.
Like it or not, celebrity endorsements entice consumers and move markets. Sophisticated investors won’t necessarily follow an actor’s or sports star’s financial recommendations, but our celebrity-obsessed culture will track their every move and these endorsements strongly influence people’s decisions – including cryptocurrency investments.
The great thing about reading the financial news every day is that sometimes you can actually see the future as it’s unfolding.
Bitcoin’s reclaiming of $11,000 has leaked into the mainstream media and everybody’s talking about the cryptocurrency comeback – and rightfully so, as Bitcoin is now at a 15-month high. All of the critics, meanwhile, are suddenly silenced because they didn’t understand the value of immutable, non-fiat money.
a number of other brilliant minds, brushed-off the likelihood that the trade war would get this serious – all of them turned out to be wrong and overly optimistic.