Market Fundamentals — what we don’t find in the stock market are now in crypto

Dhash
1 min readMar 18, 2021

The Wall Street Bets and hedge funds’ battle in the GME stock had investors question the market fundamentals. It is the first time the world saw small investors short squeezed out the hedge funds momentarily, which is a typical play by the wall street themselves.

Besides the price manipulations, unlimited Quantitative Easing is another reason why the stock price doesn’t reflect their values now.

When everything is a bubble, it is difficult to find the fundamentals in the stock market. AA is trading at 343 times forward earnings. Tesla is trading at 28 times trailing revenue.

These hyped-up stock prices stemmed from Quantitative Easing while the Fed increasing large deficits on already unprecedented debt levels. Where these assets prices go from here is overwhelmingly affected by the monetary policy.

Paul Tudor Jones has famously said that his Q2 2020 Bitcoin investment is an anti-inflationary thesis. The three other positions in his portfolio were: 1. long the Nasdaq 100, 2. long gold, and 3, buying a 2s/10s Treasury steepener.

Another example to express the anti-inflationary view is through buying DHM. The perpetual Bitcoin hashrate token was launched last week on dhash.finance. The initial APY was at 900%, and now it adjusted to 67.04% after the 5th round of hashrate tokenization.

Find D-Hash on Telegram: https://t.me/dhashfinance

Twitter:https://twitter.com/DhashFinance

Medium: https://dhmcryptomining.medium.com/

Buy & Stake DADA Finance: https://dd.finance/buy-dhm

Get in Early & Buy DHM:https://dhash.finance/buy

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Dhash

DHM is the first standardized perpetual hasrate, tradable with exchange-level liquidity. Stake DHM and mine bitcoin now on dhash.finance.