Save this chart & look at it every time you have a stock which is going down, down & down!

Just 1⃣ single rule to save your capital👇

If you are beginner, never look at a stock when CCI below -100. Look at it only above 100.

Many more stocks will soon follow a similar pattern!

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#ANGELONE being the strongest among the #broking stocks has taken off!

Which one would be the next?

#StocksToBuy https://t.co/zaAfCtOkJ6

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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.