Vandell | Black Swan Capitalist(@vandell33) 's Twitter Profileg
Vandell | Black Swan Capitalist

@vandell33

Co-founder of Black Swan Capitalist | Financial Markets & Wealth Preservation | Digital Assets | XRP | XLM | Gold | Investor https://t.co/mLZLlB0CvS

ID:1354186003783757824

linkhttps://www.blackswancapitalist.io/ calendar_today26-01-2021 21:54:50

7,0K Tweets

14,4K Followers

1,2K Following

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I invest in crypto to enhance my wealth,

but the FACT is most cryptos will not last,

I urge investors to strategize their exits
& move into tangible assets,

For long-term digital asset investing, focus on superior digital assets shaping the future system

You've been warned.

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Crypto investors

Ensure you establish an exit strategy for your cryptocurrency & digital asset investments.

Selling requires liquidity & demand

You need buyers to sell to

I know millionaires & billionaires on paper who can’t sell certain cryptos.

Don’t overlook this.

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On March 10, 2023, the FDIC seized Silicon Valle Bank because of a surge in withdrawals.

Deposits under $250,000 were protected, but those above this limit were lost without compensation, leaving depositors with only a receivership certificate.

However, FDIC isn’t guaranteed.

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Canada imposing a 66% capital gains tax on earners above 250k.

This is pure theft.

If you see it as wealth redistribution, you have issues.

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The terms 'weak dollar' & 'strong dollar' are used to describe the current value of U.S. currency in comparison to other major currencies.

Recognize that comparing the value of the US dollar to other currencies is dumb because all fiat currencies are losing their buying power.

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Shift your focus off the Ripple vs SEC saga,

Outcomes are beyond your
control & likely planned in advance

Institutional decisions are often sealed in
closed courtrooms before public revelation.

If you're invested in or ,
take solace in your early involvement.

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XRP will likely be a global reserve currency issued by the IMF, evolving from special drawing rights (SDRs) & adopted by central banks worldwide.

In 2009, a UN panel of economists proposed a replacement for the US dollar-based system, for global stability & economic strength.

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The Icelandic financial crisis of late 2008 saw all three major privately owned banks default, marking the largest systemic collapse relative to Iceland's economy.

The US will continue to print money & issue debt

They will continue to inflate until they can't.

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Trading Volume:

A higher trade value indicates more trading activity (buying & selling), implying greater liquidity & market efficiency.

Lower trade volume means less activity & low liquidity.

Make sure you buy cryptos you can get out of.

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