Do you want to know how to make a bunch of money? It´s actually quite easy, you just always got to do the exact opposite of what CNBC is telling you. Whoever followed their advice lately probably lost a huge amount of money unfortunately...
But let´s take a look at the case I´m referring to in detail. Below you may see the picture from a show some weeks ago, whenever Ripple (XRP) was on a huge rally towards unknown values far beyond the ones it´s trading today. At that time CNBC hosted a show to explain to people step by step how they could buy Ripple. They did that whenever Ripple was trading above $2.57 USD so pretty much at a point whenever it already rose more than 1000%...
That´s of course not the actual clue I want to point out as no one can blame them for the recent decline in value of Ripple. But one can really question their expertise whenever you see the next picture showing them hosting a show on how to sell ripple at about $0.71 USD...
It´s simply unbelievable to me that they really told people to buy at the highs after a 1000% rally just to tell them to sell the dip afterwards, whenever the investment of people isn´t even worth half as much as at the time they might have invested listening to CNBC...
That all being said, in case you want to get rich, just do the exact opposite of whatever CNBC is telling you. You definitely won´t end up any worse than by listening to their financial advise...
Stay safe out there!
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