An army of Reddit users coordinated the pump of the Gamestop (GME) stock to liquidate a Wall Street hedge fund. It went up with a x20 in just a few weeks and the hedge fund, called Melvin Capital Management, lost a lot of money in their short position. This action gained attraction by various world media, Elon Musk and even the White House.
In other news, Reddit partnered with the Ethereum foundation. Big news for Reddit, so let’s take a look at what this all means.
BlockFi Referral (up to $250 bonus): https://blockfi.com/youngandinvesting
00:58 Reddit vs Wall Street
6:07 Wallstreetbets & Dogecoin
10:17 Reddit x Ethereum Foundation
#Reddit #Gamestop #Ethereum #Bitcoin #altcoins #crypto
Disclaimer: I’m not a professional financial advisor and everything I say in my videos is just my own opinion and for educational purposes only.
*** Social media ***
Follow me on Twitter:
Follow me on Facebook:
Join the “Cryptocurrency Investing” Facebook group: https://www.facebook.com/groups/480785485606417
*** Buy Crypto ***
Sign up to Bitpanda: https://www.bitpanda.com/?ref=842196049785088996
Sign up to Coinbase (get $10): https://coinbase-consumer.sjv.io/gdrEB
Sign up to Binance (get 10% off fees): https://www.binance.com/en/register?ref=SK490J97
Sing up to Crypto.com (get up to $50 bonus): https://crypto.com/exch/youngandinvesting
*** Crypto cards ***
Crypto.com (get $25 bonus when ordering metal card): https://platinum.crypto.com/r/youngandinvesting
*** Crypto hardware wallets ***
Buy a Ledger hardware wallet: https://www.ledger.com?r=a1e80b98f316
Buy a Trezor hardware wallet: https://shop.trezor.io/?offer_id=10&aff_id=3338
How Much Is A Dollar On The Forex These Days?
Thanks to peaks and dips in the economy, those on the receiving end of such challenging times are well aware that money commands to a varying degree. What one could buy a few decades back is no longer financially feasible in this current day and age.Meet Foreign Exchange On Your Own Turf
The notion of dabbling in foreign exchange used to cause a shiver down the average spine. Only the financially feisty and economically inclined supposedly earned memberships into this elite club, reducing others to a hapless existence of watching the action go by.Learning To Walk Before Running In The Forex Circuit
In the event one does not wish to live out the reality of here today, gone tomorrow, it is always well advised to learn Forex adequate to one’s comprehension and needs. Trading gurus can never emphasize enough on the need for discipline when dealing with this hot potato. As situations can often present themselves in a tempting manner to justify a reason for a third mortgage, an informed and wise trader always keeps him- or herself in check as the volatility of the foreign exchange market has claimed many victims not able to extricate themselves in time. To not be part of the statistics, those wishing to participate in the foray need to have their trading psychology down to pat.To Market, To Trade Foreign Exchange
The foreign exchange market, also affectionately known as Forex, presents an environment unlike the conventional commercial center. Currency is literally bought and sold as though livestock and agricultural products, with some commanding higher interest than others.Back to School On Forex
The law of diminishing returns often provides a boost for many a salaried employee to seek secondary sources of income. Since taking on another day job is not feasible in battling rising costs, many turn to the Forex as a hopeful supplement to the monthly pay.