Elon Musk, the CEO of Tesla, recently shared a humorous meme on X that warns users about cryptocurrency scams involving fake female profiles. The meme states, “If a hot girl texts you about crypto, block him,” highlighting a common scam tactic. This post has gained significant attention, amassing over 10.7 million views. Musk’s warning comes ...
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A new cryptocurrency scam, known as the “pig butchering” scheme, is affecting residents of Kaua‘i, particularly the elderly. The Kaua‘i Police Department warns that scammers are pretending to be friends or romantic interests through social media or phone messages to build trust over time. They lure victims into investing money in cryptocurrency by promising high ...
This piece highlights the disconnect between traditional financial advice from boomers and the realities of today’s economy. While phrases like “save for a rainy day” and “cash is king” may have been practical in the past, they often feel outdated now. Younger generations are navigating a digital landscape where inflation, investment opportunities, and alternative paths ...
Noah’s Arc Capital Management aims to provide valuable insights from Wall Street to individual investors. The focus is primarily on stocks from the old economy that are experiencing transformative changes in the 21st century, as well as companies that facilitate these transformations. Managed by Noah Cox, the firm emphasizes innovation in business models that can ...
Investing in cryptocurrency is risky due to its high volatility, with even Bitcoin facing significant ups and downs. Legendary investor Warren Buffett has been critical of cryptocurrencies, famously calling Bitcoin “rat poison squared” and expressing doubt about their long-term viability. However, as the crypto Market has seen recent growth—partly influenced by political shifts—Buffett’s company, Berkshire ...
Akim Guerreiro, a professional portfolio manager based in Luxembourg, specializes in uncovering undervalued stocks across various sectors and geographies. He has a solid academic background with studies in France, the U.S., and Russia, which adds depth to his investment strategies. Since early 2022, he has shared his insights as a Popular Investor on eToro, showcasing ...
Investing in Bitcoin can be risky due to its volatile price and limited real-world uses. However, it is gaining popularity, especially with the introduction of spot Bitcoin exchange-traded funds (ETFs). Two noteworthy options for investors are the iShares Bitcoin Trust, which has amassed significant assets and charges a 0.25% fee, and the Grayscale Bitcoin Mini ...
A collector discovered a Bitcoin redemption card worth over $100,000 in a $50 pack of trading cards last month. This rare find, purchased from Cardsmiths, is part of their 2024 Holiday Currency Set, which includes other whimsical cards like the Gingerbread Man and Charles Dickens. The Bitcoin card, redeemable for a full BTC, was one ...
In 2023, Americans aged 60 and above lost over $1.6 billion to cryptocurrency scams, according to the FBI. As the complexity of digital currencies rises, older adults are particularly vulnerable to these frauds, which can endanger their retirement savings. Common scams include fake coin offerings and phishing schemes that trick individuals into sharing their financial ...
