Jim Rogers Warns

in cryptocurrency •  7 years ago 

So a friend sends me in the early morning the following article from MSN Money with the title: The Coming Meltdown Will Rock Your Life in Unimaginable Ways, Jim Rogers Warns

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It goes like this, summarized of course, "The best-selling author expects the next financial crisis to be the "worst" he has ever seen."

"I would expect it to start this year or the next...and it's going to be the worst in your lifetime and my lifetime."

"There are a few ways to protect yourself but it's going to be a mess," he said. "People should invest only in what they themselves know a lot about."

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Rogers also said, "As for cryptocurrencies they seem to be topping out and he would prefer to stick to the sidelines."

"It looks bubble-ish when you see the kind of price action in bitcoin and now you're having new ICOs [initial coin offerings] at least one a week now and exploding when they come out - that's bubble action," he said.

Now I'd like to know your thoughts, I'm new to all this, what do think about his prediction and cryptocurrency opinion? I do take into consideration opinions whether positive or negative.

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that is good one..

Thank you.

You always welcome

nice post..

Thank you.

Lots of predictions out there, and I don't think anyone knows!

I'd like to know what he is basing his predictions on. He's an 'expert', in the field so that's the reason I posted about this article my friend sent me. I think my friend is kindof' rubbing in the article, if you will. Guess trying to say he's not going to invest in cryptocurrency.

  ·  7 years ago Reveal Comment

Agreed that there will be an economic meltdown sometime soon. If you listen to the conspiracy theorists the world is moving towards a global currency. All this in preparation for the anti-christ. Some even say cryptocurrency itself will be the new global currency. No way to tell for sure. Guess we have to way and see what happens.

Interesting points Dawg. Lot's to investigate, ponder on and be vigilant. Great comment bud.

There goes my phone changing my words again 😣

LOL. 😄 welcome to my world!

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