I don't know - a lot of the people that pump and dump penny stocks/SPACs are all about bitcoin now. I just remember this time three years ago when it was in a frenzy up to $13K and then dumped back down to 3K. There two cryptos I like (and own):
1. USD coin (USDC) - it's backed by the US Dollar. I buy it through an app called Celsius and get paid 10.51% a year (compounded monthly) to hold it there.
2. Paxos Gold coin (PAXG) - it is backed by gold in a trust in London. In the future, I think this could be a very valuable digital currency if BTC/ETH start dumping. You can also make 5% if you hold it in an app like Celsius. Here's a video on how this coin is also a great way to own gold:
Last edited by Arles : 12-08-2020 at 05:05 PM.
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