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Cryptos

I’m sure the majority of subscribers know that crypto currencies such as Bitcoin and Ethereum have soared over recent years, it sounds like easy money over dinner when nobody seems to discuss the more than 50% plunge in prices through May & June – painful losses for investors who mis-timed their buying / selling. However after almost tripling from their June low we think it’s time to step aside, the “easy money” has been had for now with the risk / reward feeling unattractive at current levels.

MM is neutral cryptos around current levels
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Ethereum ($US)
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