Jess on Nostr: I'm gonna post my theory on the crash this morning you guys can correct me if i'm ...
I'm gonna post my theory on the crash this morning you guys can correct me if i'm wrong.
I feel the problem was japan had negative interest and there was a lot of people who were using the yen to trade in other countries. Carry trade is the term used.
Once the bank of Japan raised there interest rate. It forced people to sell Ther stocks and crypto to cover their positions.
What do you guys think about all this?
#nostr
#pleb
#btc
I feel the problem was japan had negative interest and there was a lot of people who were using the yen to trade in other countries. Carry trade is the term used.
Once the bank of Japan raised there interest rate. It forced people to sell Ther stocks and crypto to cover their positions.
What do you guys think about all this?
#nostr
#pleb
#btc