“Lies, Lies and more Lies. Deliberately misguiding retail investors!
The Motley Fool routinely gives bad financial advice, as if it's done on purpose with an agenda in mind. Follow their advice at your own peril. Perhaps they are doing this to benefit institutions and corporations, by fooling the average retail investor.
Here is an example of an article which out right is full of lies on all of it's key points. www[.]fool[.]com/investing/2023/07/17/bitcoin-is-up-but-can-it-keep-rising-forever/
Countries banning BTC: In reality a lot of countries have made BTC as legal tender and even the countries mentioned in the article have recently legalized it (eg: new HK regulations).
Exchanges: Granted the SEC is anti-crypto at the moment, but the US congress is very pro-crypto. The trading volume on exchanges is only growing, while some fraudulent exchanges are being shutdown. This is a good thing for crypto. So only genuine businesses operate in this space.
Interest among retail and institutions: Recently Blackrock, Fidelity, Wisdomtree, ARK and a whole bunch of heavyweight investment institutions have applied to the SEC to start ETFs. All major banks provide crypto services. The number of retail participants have doubled in the last couple of years.
Such an article deliberately pushes retail consumers away from BTC (not all crypto is good. But this is about BTC), so institutions can buy them up at low prices to sell to retail later on at high prices.
If not illegal, this is very unethical. Such businesses should not exist in my opinion.”
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