Don't Do What Dimon Does
Don't Do What Dimon Does
Seems Dimon may be in trouble for "market abuse" in Sweden now because of his "remarks" being perfectly timed with a fall in bitcoin price and his company JP Morgan buying Bitcoin during that dip. You can read more on this story at Bitcoin.com here.
I think I have made my thoughts about such declarations pretty clear in the past what surprises me is that some people still seem to panic sell based on these kind of bullshit "opinions".
Suffice it to say you should not trust people who stand to benefit from these kind of announcements. They are likely profiting off your fear.
(N.B. Meme image taken from Bitcoin.com article).
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