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Dear Reader,

We’re facing the worst crypto winter of all time.

We’ve seen cryptos shred US$2 trillion and Bitcoin [BTC] drop 74% from its November 2021 high.

And crypto firms like Celsius and Terra crashed spectacularly…taking billions of investors’ dollars with them.

But even if you’re not into crypto, you should still pay attention.

Because what happens in cryptos won’t stay in cryptos.

This is the warning I gave my subscribers last June:

Cryptos are to this market what subprime lending was to 2007. They are the speculative end of a very speculative market.

Yes, there are NFTs and Meme stocks, but in terms of market capitalisation, these joke investments are not big enough to produce the contagion effect.

What happens in cryptos won’t stay in cryptos…and, I have a feeling we are getting close to a major meltdown.

Cryptos are just one of the four ‘Code Red’ investments I’m telling friends, family, and my subscribers to ditch RIGHT NOW — before things get worse.

You can read about the other three in my latest, urgent investor briefing.

Click here to access it.

Regards,

Vern Gowdie Signature

Vern Gowdie,
Editor, The Daily Reckoning Australia

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