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Bitcoin is not fighting the system, warns veteran strategist
Market analyst James Bianco has urged investors to avoid pursuing outsized returns using leveraged products, despite several asset classes, including Bitcoin, trading near record highs. Speaking with Scott Melker on The Wolf of All Streets Podcast, Bianco described the current environment as one where "everything is going up," from stocks and gold to housing and crypto. Risks of over-leveraging: Although some investors interpret this as a green light to pile into riskier bets - whether it be leveraged Bitcoin exposure or triple-leveraged stock ETFs - Bianco compared the plan to a quote from Top Gun, saying, "the best ... (full story)
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