CCFCN: Pay Attention to Meme Stocks and NFTs ~ Advice from Reddit Founder
This is so weird. Just yesterday I was chatting with an online friend saying that I did not really like memes. This morning I wake up and see this article: **"Generation Coming Up Has More Fundamental Understanding Of Markets": Reddit Founder Alexis Ohanian On Meme Stocks And NFTs | Benzinga** https://www.benzinga.com/markets/cryptocurrency/21/08/22494563/generation-coming-up-has-more-fundamental-understanding-of-markets-reddit-founder-alexis-o The moral of my story is: *Just because you don't like something, that doesn't mean that you should ignore it. You might be missing out. (I also don't like Reddit very much.)* File this under: Things that make you go ... *Hmmm ...*🤔? 🌝 🌝
This article's title caught my attention for 3 reasons. I am trying to keep up with the evolution of NFTs (non-fungible tokens); I had no idea there was such a thing as “meme stocks”; I do keep up with women in sports; especially the Olympians. https://joiedevivre-magazine.blogspot.com/2019/03/women-in-sports-history.html Quoting some highlights from this article: *“Ohanian On Meme Stocks: Reddit, which was founded by Alexis Ohanian, is now valued at $10 billion in a new funding round announced by the company.* *Reddit has become a go-to place for trading ideas for investors with the WallStreetBets subreddit now actively tracked for social sentiment. …* *“I’ve invested big in women’s sports, but the rise of NFTs and trading card boom is going to be HUGE for women’s sports,” Ohanian said. ...”*
Uh huh. Good investing tips! Another tip? **Benzinga.com** is an excellent go-to site for information about cryptocurrrency, FOREX, and other financial topics. It shares *"Actionable Trading Ideas, Real-Time News, and Financial Insight"*. https://www.benzinga.com/ ♦ RELATED LINKS: **NFTs are unlocking a new future for sports fans following the 'Beanie Baby' boom, even if not everyone’s sold** https://twitter.com/i/events/1426525891430129665 **The history of meme stocks suggests Robinhood’s surge could still continue** https://twitter.com/MarketWatch/status/1424223888859443202
This is the 4th article (or short post) in my CCFCN series. (CCFCN = Curated Content for Crypto Newbies.) Below are the previous 3 articles. **Ways to convert BTC to Fiat without KYC** **What are the GAAP for Digital Assets?** https://read.cash/@cmoneyspinner/ccfcn-what-are-the-gaap-for-digital-assets-facdc82d **Senator Warren Urges Stiff Regulation of Cryptocurrency** https://read.cash/@cmoneyspinner/ccfcn-senator-warren-urges-stiff-regulation-of-cryptocurrency-5827d9db I also post crypto-related content on **Noise.Cash**. https://noise.cash/search?q=cmoneyspinner+AND+cryptocurrency
BONUS TIP! Excellent introduction to BCH for newbies. Check out this awesome content! **What Is Bitcoin Cash? | CoinJab**: https://coinjab.com/jabpicks/academy/what-is-bitcoin-cash ***Thanks for reading.***
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