China Is Collapsing and That is Good for Crypto
China, the world second largest economy, is in trouble. Learn how will China turn the boat around and pull the crypto market with their decision.
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00:00 Introduction
00:36 The Size of the Chinese Economy
05:20 Economic Data shows that China is in Trouble
08:41 How This Affects Crypto
#bitcoin #crypto #investing #cryptocurrency #cryptocurrencies #altcoins #cryptobullrun #ethereum
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Disclaimer
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark and affiliated brand Wealth Mastery) is not providing you individually tailored investment advice. Nor is Lark Davis registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Lark Davis is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
25 Comments
Digital silver in a digital age, litecoin is a digital precious metal, not a security. Litecoin is the oldest coin on the market after bitcoin, since its inception in 2011. The scarcity of litecoin is the key feature of its technology. Everyone tends to flock to digital silver and digital gold, litecoin, and bitcoin, when things aren't going well. Litecoin is a decentralized digital commodity, just like bitcoin, but not even close so heavily concentrated in a few hands like bitcoin is. Both have Proof-of-Work consensus, and both have a limited supply of coins. Only that litecoin is lighter, swifter, and hugely undervalued against bitcoin. Litecoin (LTC) being a digital commodity provides a decent inflation hedge as well because there will be mined only a limited number of 84 million litecoins in total.
… and ALOT of people still think that overpopulation is a problem.. SO few places left where people have enough children just to uphold the current population.
Don't want my crypto advice from a tax exile heading to Dubai with dodgy passports. Personal wealth should be a means to do good in the world not build a 'f-you' fortress. Later Lark, hope you get what you wanted. Unsubbed.
All Ponzi schemes are spectacular.
Until they're arentt.
Just like China
great ! I have a question 👌:
My OKX wallet holds some USDT , and I have ONLY my 12 seed phrase. (smart insect bomb express captain island clock danger virtual salmon course ecology). How should I go about transferring them to exchange binance?
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You're doing a fantastic job! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Could you explain how to move them to Binance?
Lark SUI vs SOL's early ddays on price action> would love your thoughts on a vid!
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Thank you for the content!! all we need is the right advice on how to invest in crypto and we will be set for life, I made over a million dollars from trading this year regardless of market conditions
Hahhaa. As I can see, Lark is still in another universe 😂
great analysis as always. thanks. ready for the pump!