Chris Hansen
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah.
Yeah.
Yeah.
Right. Crypto markets kind of like riding that buck and bronco right now.
Right. Crypto markets kind of like riding that buck and bronco right now.
Right. Crypto markets kind of like riding that buck and bronco right now.
Crazy, Chris. Yeah. Great question. I'd love to know. I mean, obviously, we've got some of the big events we know happen. I mean, as of right now, when I checked, Bitcoin was at like eighty six thousand, which is definitely crazy. Way lower than it's been in a few months. The biggest thing, there was a hack.
Crazy, Chris. Yeah. Great question. I'd love to know. I mean, obviously, we've got some of the big events we know happen. I mean, as of right now, when I checked, Bitcoin was at like eighty six thousand, which is definitely crazy. Way lower than it's been in a few months. The biggest thing, there was a hack.
Crazy, Chris. Yeah. Great question. I'd love to know. I mean, obviously, we've got some of the big events we know happen. I mean, as of right now, when I checked, Bitcoin was at like eighty six thousand, which is definitely crazy. Way lower than it's been in a few months. The biggest thing, there was a hack.
One of the large exchanges, kind of like Robinhood for stock people, was hacked for, let's see, what was it? $1.5 billion in the cryptocurrency Ethereum. So... That was hacked. That obviously creates a big level of fear in the market. However, they, and they had massive withdrawals after that and they covered all of them. They didn't, they weren't insolvent.
One of the large exchanges, kind of like Robinhood for stock people, was hacked for, let's see, what was it? $1.5 billion in the cryptocurrency Ethereum. So... That was hacked. That obviously creates a big level of fear in the market. However, they, and they had massive withdrawals after that and they covered all of them. They didn't, they weren't insolvent.
One of the large exchanges, kind of like Robinhood for stock people, was hacked for, let's see, what was it? $1.5 billion in the cryptocurrency Ethereum. So... That was hacked. That obviously creates a big level of fear in the market. However, they, and they had massive withdrawals after that and they covered all of them. They didn't, they weren't insolvent.
I mean, they actually, that company that had the hack actually made $420 million off of withdrawal exchange fees. So it goes to show you the amount of money that's, that's in this, but it did shake the market and it's definitely not doing so hot. I mean, you've got about a 30% pullback this month.
I mean, they actually, that company that had the hack actually made $420 million off of withdrawal exchange fees. So it goes to show you the amount of money that's, that's in this, but it did shake the market and it's definitely not doing so hot. I mean, you've got about a 30% pullback this month.
I mean, they actually, that company that had the hack actually made $420 million off of withdrawal exchange fees. So it goes to show you the amount of money that's, that's in this, but it did shake the market and it's definitely not doing so hot. I mean, you've got about a 30% pullback this month.
So don't sell, people. Don't let the fear get you. Ride the dip. The tide came out, and it's about to come in like a tsunami. But I'm not a financial analyst, so no promises. But what goes down must come up.
So don't sell, people. Don't let the fear get you. Ride the dip. The tide came out, and it's about to come in like a tsunami. But I'm not a financial analyst, so no promises. But what goes down must come up.
So don't sell, people. Don't let the fear get you. Ride the dip. The tide came out, and it's about to come in like a tsunami. But I'm not a financial analyst, so no promises. But what goes down must come up.
I'm going to ride it. Time to do the opposite of what everyone else is doing. Exactly.
I'm going to ride it. Time to do the opposite of what everyone else is doing. Exactly.