Transcript

24/7 Crypto Trading & the AI Bubble: Are Investors Ignoring the Next Market Crash? · Winning With Winans!

speaker-0: This 24, seven days a week trading of crypto and token, you know, tokens now that are be basically tokens of stocks, these prediction markets. I think they're gonna move into the stock betting pretty soon. You know, if for those of you who remember, we had these little micro flash crashes in in in 2010, 2011. I remember one point in time, Procter and Gamble lost like 90% of its value in 30 seconds and it came back. When you have 24-7 trading and no circuit breakers like you have on an exchange, I think that's a problem. That's exactly what went wrong in 1987 when we had the stock market lose 28% of its value in about 30 seconds. So that's a problem. look. White elephant in the room, all this AI stuff. To me, I've been around a long time. This reminds me identical to what happened with the dot-com era. Look, 21st century technology is important to all of us, but the reality of it is not every single tech stock's a good investment. And many of these, when we finally have a washout on these things, a lot of them are not going to survive.