The Wolf of Wall Street & Bitcoin

in cryptocurrency •  7 years ago 

Everyone in the crypto space knows that its one of the most volatile spaces to be investing in. The vast jumps and falls that are associated with the market is one of opportunity and despair. We all know that the big dogs in the game pull the strings when it comes to the crypto values with the term "market manipulation" being one of the most popular terms to describe it.

The wolf of wall street Jordan Belford released an extensive Statement on Facebook where he urges people the to get out of bitcoin. you can check it out on his Facebook page, but The Wolf wrote:

"I URGE everyone who owns Bitcoin, or any of the other cryptocurrencies, to seriously consider selling out of their entire position as quickly as possible or, if not that, to at least reduce their position to a level that puts them in a position where they can afford to lose their entire investment."

Scrolling down through the comments many seem to think that Jordan is trying to drive down the price of bitcoin and in turn the other altcoins so he can swoop in and lap up some coins on the cheap. Others seem to be heading his warning and selling out. The statement was released several hours ago when the prices of these cons were already on a 24 hour down trend.
Is it possible that a man who has scammed people before is trying to scam again? Or is it that Jordan did his time and learned his lesson, and in an attempt to help people out he is telling them what he thinks about the crypto world? It's a difficult one to decide but ultimately I personally feel that some form of digital online payments is here to stay.

Now Belford says he doesn't own any form of crypto and never has. What do you think?

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