Channel éŠæž¯æé HongkongFlag Teamð¥ð§âðžðð§ðžðð§âðžðð§âðžðð§ðžðð§âðžðð§âðžðð§ðžðð§âðžð Telegram | DID YOU KNOW?
âTo the extent it is used I fear itâs often for illicit finance. Itâs an extremely inefficient way of conducting transactions, and the amount of energy thatâs consumed in processing those transactions is staggering,â the former Fed chairwoman said. Yellenâs comments have been cited as a reason for bitcoinâs recent losses. However, Yellenâs assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.
At a time when the Indian stock market is peaking and has rallied immensely compared to global markets, there are companies that have not performed in the last 10 years. These are definitely a minor portion of the market considering there are hundreds of stocks that have turned multibagger since 2020. What went wrong with these stocks? Reasons vary from corporate governance, sectoral weakness, company specific and so on. But the more important question is, are these stocks worth buying?
Channel éŠæž¯æé HongkongFlag Teamð¥ð§âðžðð§ðžðð§âðžðð§âðžðð§ðžðð§âðžðð§âðžðð§ðžðð§âðžð from jp
