Rybakov: “Bitcoins and NFTs are for suckers, now it is profitable to invest only in the Russian economy”
“The Great Depression of the beginning of the last century is cat tears. At such moments, you can’t use unknown financial instruments, and every ruble invested in Russia will bring x10 on the horizon.”
Entrepreneur Igor Rybakov urged people to stop investing in bitcoin and NFT. In his new issue on YouTube channel he stated:
Now in the world there is not just a crisis, but the most powerful crisis in the last 100 years. The Great Depression, which was at the beginning of the last century, is “cat's tears”. At such moments, you can not use financial instruments unknown to you. For example, there is a collapse in the bitcoin market now, there are thousands of messages in the media and from crypto enthusiasts that it is time to buy bitcoin: then they didn’t have time, now is the time. So, please, do not try to do this!
According to the businessman, “large investors today are sitting quietly, not buying more, but, on the contrary, paying bloggers (both crypto bloggers and crypto enthusiasts) for spreading the word that it’s time to buy bitcoin.”
“Why do you think?” Rybakov asks, and immediately adds: “So that new physicists with real money come to this market and buy them. And they'll just sell it."
It's just that the suckers in the world have not diminished, but the money from the suckers has diminished. As a result, the crypto bubble starts to slow down and starts to deflate. Therefore, do not think now, at the end of this crypto-bubble, on the eve of the crypto-winter, to become one of the loser investors. Those who buy bitcoin are not investors - they are suckers.
Rybakov also spoke against - nbsp; NFT: “It is very interesting to see how people are switched from bitcoin to NFT. Well, you know, yes, the era of bitcoin is over, but now there is an NFT economy. I'll tell you: another entertainment for suckers. No matter what the sucker is entertained, the main thing is that he reports money. Therefore, guys who are offered to buy some kind of NFT there, an NFT token, and so on... You don’t need to go there, keep your money for yourself.”
Igor Rybakov advises investing in the Russian economy:
It's time to act. If you haven’t merged your money into some bitcoins, somewhere into crap, you haven’t bought some stupid apartments: “Moscow real estate is always valuable” - then you still have cash. Attention: now a lot of people are selling their businesses at a discount, a lot of foreign companies are leaving Russia and are also selling companies at a discount. This is an opportunity for those who have cash to enter the business at a discount of 20%, 30%, 50%, sometimes three times the discount. Just keep in mind, this window will close soon, because these exits from Russia, they are also in a panic. This window will last until sometime in mid-2023.
“Today, every ruble or every dollar, whatever you like, invested in Russia will bring on the horizon of the next 15 years, x10. Russia is now a very interesting place for investment,” Rybakov is sure. He also adds that many foreign companies are already buying up assets in Russia in opposition.
I myself buy foreign companies at a discount. Several companies have already managed to capture, so to speak. It's to capture. After all, when I buy a normal company with a 2-3 times discount, which has the coolest business, the coolest technologies, the coolest team, I think this is a very big success. I myself would have either, “a” - not entered, or “b” - even if I did, it would take me 15 years to reach this level. And so I do it for three months of participation in the tender. And for quite modest money. Therefore, I have been buying, buying and will buy companies that are sold at a discount on the market today.
