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Wall Street could be warming up to cryptocurrencies; however, not any coin/token is being targeted. Bitcoin is preferred but Ripple (XRP) could be a great buy. Presently, evidence is piling up that the stock market is shedding off some of its gains and probably directing it to digital assets... Some quotes: “Money is moving from stocks to digital assets. Traditionally when the stock return outlook is diminished, capital moved into bonds and or / commodities. Now there’s a new kid on the block: digital assets. Wall Street will choose XRP, the greatest digital asset.” “It’s hard to turn your head when you know the White House, Federal Reserve, IMF, and certain banks are currently involved with Ripple. XRP will solve the liquidity crisis not only in this country but worldwide.” Source: http://c.newsnow.co.uk/A/985077510?-41670:27943
Does anyone else believe part of this stock selloff will be moving into crypto? I mean I liquidated the rest of my stocks in September to buy more XRP.. I personally know a couple wall street guys who actually sold all their crypto when Bitcoin hit 19k. They are starting to buy back in big now but with many smaller orders to prevent a huge spike.. From what I am hearing and seeing it does look like a huge shift is starting. What do you guys think?
http://marketrealist.com/2015/04/buffett-letters-10-commandments-investors/ Long-Term Investing Pays the Best Buffett’s investing style There are three broad aspects of Warren Buffett’s investing style: investment philosophy security selection psychology of investing