![]() View your lists' performance data and news in Yahoo Finance for Android ![]() Learn how to add, edit, reorganize, or remove watchlists on the Yahoo Finance mobile app. Manage the lists of symbols that you own or watch. Create, rename, reorder, or delete portfolio lists in the Yahoo Finance app for Android Learn how to update the currency setting for a portfolio in the Yahoo Finance app for Android. Change a portfolio's currency in Yahoo Finance for Androidĭisplay the value of your portfolio holdings in a different currency. Learn how to view extended hours data, see significant events, and switch chart display settings in Yahoo Finance full screen charts. Select chart settings that suit your needs in the Yahoo Finance app for Android. Customize chart settings in Yahoo Finance for Android Learn how to add, delete, or reorganize the symbols in a list in the Yahoo Finance app for Android. Keep your portfolio lists organized and up to date. ![]() Add, remove, reorder, and sort portfolio list symbols in Yahoo Finance for Android Learn how to follow, unfollow, and share curated watchlists in the Yahoo Finance app for Android. Follow, unfollow, and share curated watchlists in the Yahoo Finance app for Androidįind watchlists based on an industry, a region, a particular metric, or other criteria on the Explore tab. You can expand these lists to open and access their details on the Home tab. See the portfolios and watchlists of ticker symbols you're investing or interested in. Schiff shared his scepticism about the likelihood of bitcoin reaching a new peak, let alone hitting $100,000, which he said would merely equate to quadrupling of one's investment.View your lists in the Yahoo Finance mobile app In his view, there are other speculative assets with more potential for returns and less risk compared to bitcoin.Įxpressing his preference, Schiff said, "I think there are other speculate assets that I'd rather gamble on, like gold mining stocks, where I think you could make 50 or 100 times your money, which is what people think that they can make with bitcoin, but I doubt it." You can't be overly exposed to bitcoin," Schiff remarked. "A lot of people that got into bitcoin years ago need to take some chips off the table. "The demand for bitcoin is based on the belief that you can sell it to somebody else at a higher price, and the only reason that the other person is willing to pay a higher price is because he believes that he can sell it to someone for an even higher price," he argued.Ĭontrarily, he pointed out the intrinsic value of gold as an industrial asset, highlighting the sustained demand for gold due to its various real-world applications.Ĭontinuing his critique of bitcoin, Schiff offered advice to those who have made substantial investments in the cryptocurrency over the years, encouraging them to consider other assets. Read more: Bitcoin and ether dip following SEC and Binance.US's temporary deal He asserted that the cryptocurrency lacks inherent value and operates much like a Ponzi scheme, where the demand for bitcoin relies on the premise of selling it to another party at a higher price. Schiff believes that bitcoin, despite its revolutionary role in showcasing the capabilities of blockchain technology, is fundamentally flawed. "With the internet, with blockchain, there is a major improvement in the functionality of gold to act as a medium of exchange and as a unit of account," Schiff explained. Schiff argues that gold should be reintroduction as the world's primary monetary reserve, but updated and renewed by blockchain technology. "We don't have to ignore blockchain technology, we can use it to improve the divisibility and the portability of gold and make it an even better monetary instrument, than it was in the past," he added. He argued for blockchain technology to be combined with the inherent value of gold to make the precious metal a "better monetary instrument than it was in the past". Schiff is often misunderstood as a critic of blockchain and digital currencies, but he clarified his stance on this week's episode of Yahoo Finance's The Crypto Mile. But, he upheld the inherent value of gold, noting that it is the least reactive precious metal, and that "it doesn't lose its properties over time". The renowned gold-bug derided bitcoin as a Ponzi scheme and added that "it will have a hard time even making a new high, and if it does make a new high, even getting to $100,000 is going to be a stretch, which only equates to four times your money". ![]() A gold-backed cryptocurrency that utilises blockchain technology would make the precious metal a "better monetary instrument than it was in the past", claims Peter Schiff. ![]()
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