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Saturday, May 28, 2022 6:09:02 AM
https://s27.q4cdn.com/973063916/files/doc_news/2022/A-Letter-From-our-CEO-Mike-Novogratz_5.18.2022.pdf
Reading the stories of retail investors who lost their savings in one investment is heart- wrenching. A core tenet in the crypto belief system is equal access to markets. But it’s important that less experienced market participants only risk what they are comfortable losing. I’ve often said people should allocate 1%-5% of their assets to the space.
At a high level, it’s important to understand that volatility is likely to continue, and the macro situation is going to remain challenging. There is no cavalry coming to drive a V-shaped recovery. The Fed can’t “save” the market until inflation falls. So, liquidity is important. Being realistic is important.
https://www.cryptopolitan.com/mike-novogratz-keeps-luna-tattoo-humility/
Mike Novogratz, the billionaire investor, breaks the silence on the rise and fall of the Terra ($LUNA) ecosystem.
CEO of the investment company Galaxy Digital, Novogratz, keeps his LUNA tattoo as a reminder that investing requires humility.
..
https://finance.yahoo.com/news/worst-tattoo-history-billionaire-mocked-105823437.html
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