Stephen Meade- The BullsEye Guy

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Crypto Currencies are more Penny Stock thank “currency”.

Look at the headline!! 250%!!!! Woo Hoo!!! Except. This “crypto” went from $.50 to almost $2.00. That’s Penny Stock type movements. I wonder if the author- Billy Bambrough- bought in before the posting of his article? Why? The headline looks like a classic “Pump and Dump” type Press Release. If you’re investing in Crypto, remember it acts a lot like a penny stock- High Rick-High Reward. It’s easier for an OTC (ie penny stock), to go from $.50 to $2.00 than it is for Amazon to go from $2,400 to $8,000. But, it’s easier for an OTC to go to $.05 than it is for Amazon to go to $50. Pennies have a much higher risk, but also quicker, higher potential reward. https://bit.ly/2ZGf9wY

May 2024
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