A much smarter person than me said we tend to overestimate how smart big money is; they also feel FOMO as much as us.
These guys need exposure, and this is what we are seeing from the performance of $COIN and #Bitcoin mining stocks. Massive inflows into the structured products for the past 2 months. It would make sense, for these higher beta stocks to continue to outperform Bitcoin into year-end.
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A much smarter person than me said we tend to overestimate how smart big money is; they also feel FOMO as much as us.
These guys need exposure, and this is what we are seeing from the performance of $COIN and #Bitcoin mining stocks.
Massive inflows into the structured products for the past 2 months.
It would make sense, for these higher beta stocks to continue to outperform Bitcoin into year-end.