Fintech

Crypto traders don’t pay much attention to Wall Street advice — maybe they should

You only live once, but you only need to be wrong once to lose an all-or-nothing bet

Friday 17 December 2021 at 08:10

Bitcoin proponents talk about the cryptocurrency hitting $1m or even its total value reaching $300tn.

The most enthusiastic “apes” claim to have much of their savings in AMC Entertainment Holdings shares and post the #AMC500K hashtag — indicating their belief that the movie chain’s shares will hit $500,000 in the “mother of all short squeezes.”