When should you not invest?
Good afternoon, I'm curious about your thoughts on when one should avoid investing in cryptocurrencies or financial markets in general. Are there any specific market conditions, individual circumstances, or other factors that should serve as a red flag, indicating that it might not be the right time to put money into these areas? I'm particularly interested in understanding when the risks might outweigh the potential rewards, and what indicators we can look out for to help us make informed decisions. Thank you in advance for your insights.
Is Citi approaching crypto with caution?
Could you elaborate on whether Citibank is adopting a cautious approach towards cryptocurrency? Given the volatile nature of the market and the potential risks involved, it seems logical for financial institutions to proceed with caution. Are there any specific measures Citibank has taken to mitigate risks associated with crypto transactions? Are they collaborating with regulators or industry experts to ensure compliance and security? It would be interesting to understand the bank's strategy in this rapidly evolving space and how they plan to balance the potential benefits of crypto with the inherent risks.