{"id":32807,"date":"2022-12-29T09:59:34","date_gmt":"2022-12-29T09:59:34","guid":{"rendered":"https:\/\/lydian.io\/?p=32807"},"modified":"2022-12-29T09:59:34","modified_gmt":"2022-12-29T09:59:34","slug":"low-cap-crypto-is-like-penny-stocks-says-wall-streets-wolf","status":"publish","type":"post","link":"https:\/\/lydian.io\/low-cap-crypto-is-like-penny-stocks-says-wall-streets-wolf\/","title":{"rendered":"Low-cap crypto is like penny stocks, says Wall Street's Wolf","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
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Former stockbroker Jordan Belfort, colloquially referred to as the \u201cWolf of Wall Avenue,\u201d has in contrast small-cap crypto belongings to penny shares resulting from their excessive value volatility. <\/p>\n
Penny shares discuss with extremely speculative shares of small and unknown corporations priced below $1. Usually, they both carry buyers large returns or plummet dramatically. <\/p>\n
Belfort's rise to prominence within the '90s and eventual conflict with the Securities and Trade Fee (SEC) was due partially to brokering offers for these shares. <\/p>\n