Michael Burry warns inventory and crypto traders! [Lark Davis Crypto News]
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0:00 Today in Crypto
1:20 Burry Claims
6:10 Is He Right?
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Disclaimer
Everything expressed right here is my opinion and never official funding recommendation – please do your individual analysis earlier than risking your individual cash. Lark Davis (The Crypto Lark) is just not offering you individually tailor-made funding recommendation. Nor is The Crypto Lark registered to offer funding recommendation, is just not a monetary adviser, and isn’t a broker-dealer. The materials offered is for academic functions solely. The Crypto Lark is just not liable for any positive aspects or losses that end result out of your cryptocurrency investments. Investing in cryptocurrency includes a excessive diploma of threat and must be thought of solely by individuals who can afford to maintain a lack of their complete funding. Investors ought to seek the advice of their monetary adviser earlier than investing in cryptocurrency.
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This year has been the saddest year for cryptocurrencies.😮💨
"Famous investor?" "Rise to fame?" More like infamy. You act like Burry is some kind of hero. Even anyone who saw The Big Short knows that is not the case. He made billions for his rich clients off the backs of poor people in America who were devastated by the mortgage crisis that led to the Great Recession. Wtf, Lark? This is something you *admire*? I thought you had better politics than that. He's one of the "fat cats" in the legacy finance industry you're always slagging on.
thanks Lark, a thorough overview of macro
A project that can be expected to do something good in the future. OJX is extremely amazing.
Bears are never wrong.
They're just never right on the timing.
Bitcoin will eventually go to zero, maybe in 5000 years or so.
This crash is not the Big One, that comes after 2026/2027. That's when many long-term cycles peak simultaneously.
Thx for that paid advertisement
I just hit “like” and the market went DOWN 1%!!!!
im sick of dump after dump, i am out. I quit saving and hoping for a beter future. Just spend evrithing i get when i get it becouse inflation will eat all my savings. BTC and cripto faild mizrebli, just epic fail. The bankers own evriting they can dump and pump eny market as they see fit.
Looks like the crypto market is crashing again. It's another chance to buy crypto at lower prices. I've already bought some on Bitfinex.
Just the beginning. Summer will be strange before the fall… get it? the Fall.
The bow draws back to release the arrow into the sky’ …🏹 ….🌎
Bitcoin and Litecoin reward halving supply shock on its way, summertime rally will very very soon be in play ….. 🌬….🏄🏿♀️
Litecoin 2023 mining reward halving closer every second…..
I'm keeping all my crypto in USDT and because of that I'm ready for any huge crash
I just want to take advantage of this market, buying more coins for long term on atomic wallet. HODL way.
Stop saying "smash". Seriously.
If you Talking about investing, Clark, what amount of Money in your mind Could lead to a Million? My Faforite crypto Channel✌️❤️
The lower the Bitcoin price falls, the more sats with my usdt I will buy.
OJA Coin cares about its community. So, the community will receive rewards from time to time.
This is my second bear market and I expected to get it easier but… I hope for it to be over soon and start trading the assets I managed to collect on finex but I just see more headlines saying it won't happen any soon
Once the dollar collapses then we may finally uncorrelate from the stock market. We have blinders in America as we see and value everything in dollars. 65% of the countries on this planet have had hyperinflation as their currency has plummeted 70% or more vs the USD and inflation of 100 – 200%. In these countries BTC is up big and saving the people's wealth in those countries and BTC adoption will continue to expand
Thanks Lark!
Worst is yet to be witnessed
if this project can be like ethereum or polkadot our investment will be at least x100
Probably the first time I have thought Michael Bury will be correct.
Joe Biden will be the president not only known for falling down the stairs in various places but for the biggest global recession this globe have seen.
10k is certain..and soon. Also the enemy of BTC will strike while the iron is hot and 10k will be their signal to strike so expect armagedon style crash. But on the bright side it will rise from the ashes phoenix style
But Lark, These 20.000 trashy alt coins suck liquidity from BTC and the few alts that serve an actual purpose, BTC is FAILING to scale because of it. What's the use in stacking sats if this is how it is?
Thx for the video. I really still belive in btc and continue holding it in tangem.
It's funny how you always mocked people saying "Crypto winter is here oh nooo" even though it's now an actual prolonged bear market lol.
I think Burry is right. Stagflation for sure. Real pain in the pocketbooks for most Americans. Prices going up while earning power goes down is a depressing outlook. Forget recession, a depression is a real possibility.
im 90% sure the bottom is in
Stay real and rational. I love your work. Thanks!
👍
Michael Burry is a poster Child for Misery and proud of it. He has a real eye for depressing predictions and a glass eye for optimism. But the one thing Burry the DoomSack never tells you is that markets have had a 100% recovery record. They ALWAY recover. And 100% of all recessions have ended. Every moment now should be spent laying the ground work for how the world will look in 18 months time. Don't let doom bags distract you from the long game – which is always hopeful. Fall into the trap of believing that just because they're depression magnets means they must be smarter and you'll never invest a cent. Which I think is what Burry and his clan of darkness addicts really want deep down
It's not even all that sir,its all about cycles..
A broken clock is right twice a day.
Bring the pain I am buying
Thank you Lark for all your time and efforts in providing great content. You have an impressive array of stylish shirts too…lol !!!!
Excellent as always 👍 like your Shirt every time 👔
Joe Biden and the dems have destroyed everything. Surprise, surprise
Burry had been saying this from years and after his saying a mammoth rally in stocks and crypto arrived so it’s invalidated. Also if u r saying one side out of two side then sooner or later that will happen but it ca be considered as prediction.
Oh super wealthy people are saying we are gunna go way lower? Okay this is probably the bottom.
USA together with European countries are making plans for their own Belt and Road initiative.
Sounds interesting to me…
No one is bullish enough!! Bitcoin to da moon!!! You go Lark. Don't let this current bearishness derail the long term vision!! Go crypto, go team!
Never fear Lark. I smash the like every time-before I even hear what you have to say. It’s always gold.
Tbh I feel like if it dips much further it may never recover.