Big Short investor Michael Burry says: I've never sold a cryptocurrency empty-warns of the biggest bubble-Finance
Big Short investor Michael Burry says: I've never sold a cryptocurrency empty-warns of the biggest bubble-Finance
The hedge fund manager Michael Burry, who is famous for his forecasts of the 2008 financial crisis, says that he has never sold a cryptocurrency empty. He further warned that the current bladder was the greatest.
Michael Burry about bubbles and empty sales of cryptocurrencies
The famous investor and founder of the private investment company Scion Asset Management, Michael Burry, confirmed on Twitter that he never sold cryptocurrencies.
Burry is primarily known for being the first investor to predict the US Subprime mortgage crisis that had occurred between 2007 and 2010 and benefited from it with Christian Bale.
he tweeted on Sunday:
I have never sold a cryptocurrency. This is my third bladder and the biggest. I learned one or two things. 30-year-old treasuries, however, ...
In October he said: "I think there are cryptocurrencies in a bubble." In an interview with CNBC, however, he made it clear that he did not have Short -circulated cryptocurrencies, although they tweeted how to shorten them.
"How do you close a cryptocurrency? Do you have to secure a loan? Is there a short discount? Can the position be squeezed and taken away? In such volatile situations, I think that it is best not to be too short, but I think loud here," he wrote.
The big-short investor is not the only one who predicts a devastating bladder. At the beginning of this month, the billion-dollar investor Stan Druckmiller said that Everything is in a bladder . "Crypto, meme shares, art, wine, stocks ... this bladder is in everything, every asset on the planet," he warned.
The author of Rich Dad Poor Dad, Robert Kiyosaki, has repeatedly warned of an impending crash. At the end of October he that a huge crash To be followed, followed by a new depression. He recommends buying investors, gold, silver and Bitcoin.
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